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  • $799,000

    331 Granby Rd, Lake Forest, IL 60045

    2beds
    1,245sqft
    : 
    Single Family Residence
    Built in 1925
    2,178 Square Feet Lot
    $-- Zestimate®
    $642/sqft
    $-- HOA

    What's special

    Storybook charmFarmhouse sinkBright sunny interiorsTall ceilingsNew landscapingOffice or bonus roomNew fencing
    Transformed Storybook Cottage One Block From Downtown Lake Forest. Just moments from the train, shopping, dining, and the beach. Tucked along a quiet enclave in East Lake Forest, this extensively renovated 1925 gabled cottage offers the best of in-town living just down the street. Storybook charm gives the home instant curb appeal while bright, sunny interiors blend vintage character with modern updates-the result of the current owner's meticulous stewardship. Tall ceilings, arched doorways, traditional millwork, and newly lightened original hardwood floors give the main level a timeless quality. The living and dining areas can function as a flexible, open-flow space, equally suited to everyday living and casual entertaining. The kitchen has been completely reimagined with modern appointments, including a Sub-Zero refrigerator, Samsung appliances, a farmhouse sink, updated cabinetry, a breakfast bar, and a well-organized pantry. Just beyond, a rear mudroom offers practical access to the fenced backyard. The first-floor bedroom, with abundant natural light, has easy access to a renovated full bath and direct access to the second floor. Upstairs, the architecture shifts into a cozier scale-a pair of tandem rooms with pitched ceilings ideal for bedrooms, a playroom, or a cozy creative retreat. The fully finished lower level expands the home's footprint. Featuring painted exposed ceilings, luxury vinyl flooring, and thoughtful zoning to accommodate multiple functions, it includes a large recreation area, an office or bonus room, an added full bath, a new laundry room, and generous closeted storage. A rare walkout feature connects directly to the backyard with a storage room beyond. Outside, the property has been transformed with new landscaping, a paver patio, new fencing, and cozy front porch. Behind the scenes, major mechanical upgrades-new copper water service and lines, new electrical, a new furnace and boiler, new HVAC units, a new hot water heater-bring peace of mind to a home with nearly a century of character. Every space reflects the care of a thoughtful renovation that honors the charm of a 1920s cottage while elevating the way the home lives today. If you're seeking in-town proximity, vintage style, and move-in ready spaces in the heart of Lake Forest, this home checks all of the boxes.
    141 days
    |
    2,110
    |
    35
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 16, 2026 at 07:02pm

    Listing courtesy of:

    Annie Royster Lenzke 847-414-4045,

    Coldwell Banker Realty,

    Jean Royster,

    Coldwell Banker Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12518054MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Den, Office, Recreation Room, Mud Room, Storage, Screened Porch, Tandem Room
      Primary bedroom
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 117 Square Feet
      • Dimensions: 9X13
      Bedroom 2
      • Features: Flooring (Carpet)
      • Level: Second
      • Area: 120 Square Feet
      • Dimensions: 12X10
      Den
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 63 Square Feet
      • Dimensions: 9X7
      Dining room
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 168 Square Feet
      • Dimensions: 12X14
      Kitchen
      • Features: Kitchen (Eating Area-Breakfast Bar, Pantry-Walk-in), Flooring (Porcelain Tile)
      • Level: Main
      • Area: 192 Square Feet
      • Dimensions: 16X12
      Laundry
      • Features: Flooring (Vinyl)
      • Level: Basement
      • Area: 108 Square Feet
      • Dimensions: 6X18
      Living room
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 156 Square Feet
      • Dimensions: 12X13
      Mud room
      • Level: Main
      • Area: 20 Square Feet
      • Dimensions: 5X4
      Office
      • Features: Flooring (Vinyl)
      • Level: Basement
      • Area: 81 Square Feet
      • Dimensions: 9X9
      Recreation room
      • Features: Flooring (Vinyl)
      • Level: Basement
      • Area: 300 Square Feet
      • Dimensions: 15X20
      Screened porch
      • Level: Main
      • Area: 90 Square Feet
      • Dimensions: 5X18
      Storage
      • Level: Basement
      • Area: 192 Square Feet
      • Dimensions: 16X12
      Other
      • Features: Flooring (Carpet)
      • Level: Second
      • Area: 208 Square Feet
      • Dimensions: 13X16
      Heating
      • Radiator(s), Sep Heating Systems - 2+
      Cooling
      • Wall Unit(s)
      Appliances
      • Included: Range, Microwave, Dishwasher, High End Refrigerator, Stainless Steel Appliance(s)
      Features
      • Basement: Finished,Full
      Interior area
      • Total structure area: 0
      • Total interior livable area: 1,245 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Asphalt, Driveway, Yes, Owned
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: No Disability Access
      Features
      • Stories: 2
      Lot
      • Size: 2,178 Square Feet
      • Dimensions: 39X93X29X68
      Details
      • Parcel number: 12283150140000
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Other
      Condition
      • New construction: No
      • Year built: 1925
      • Major remodel year: 2017

      Utilities & green energy

      • Sewer: Storm Sewer
      • Water: Lake Michigan

      Community & HOA

      HOA
      • Services included: None
      Location
      • Region: Lake Forest

      Financial & listing details

      • Price per square foot: $642/sqft
      • Tax assessed value: $269,427
      • Annual tax amount: $5,638
      • Date on market: 11/16/2025
      • Ownership: Fee Simple
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        2/28/2026Listing removed$4,000$3/sqft
        Source: MRED as distributed by MLS GRID #12518849 Report a problem
        11/16/2025Listed for rent$4,000$3/sqft
        Source: MRED as distributed by MLS GRID #12518849 Report a problem
        10/29/2015Sold$258,000-6.2%$207/sqft
        Source: MRED as distributed by MLS GRID #08978425 Report a problem
        8/27/2015Pending sale$275,000$221/sqft
        Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #08978425 Report a problem
        8/14/2015Price change$275,000-8.2%$221/sqft
        Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #08978425 Report a problem
        7/12/2015Listed for sale$299,500+61.9%$241/sqft
        Source: Berkshire Hathaway HomeServices KoenigRubloff Realty Group #08978425 Report a problem
        10/13/2000Sold$185,000$149/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2023$5,148 +9.4%$102,286 +13.9%
        2022$4,706 +2.9%$89,800 +7%
        2021$4,573 +2.3%$83,945 +0.3%
        2020$4,472 +5.3%$83,682 +1.9%
        2019$4,247 +77.8%$82,146 +55.8%
        2018$2,389 $52,710 +1.7%
        2017$2,389 +6.9%$51,829 +5.1%
        2016$2,234 +2%$49,332 +6.2%
        2015$2,192 +1%$46,452 +3.2%
        2014$2,169 +1.3%$45,031 -0.9%
        2012$2,142 +1.6%$45,422 -9.4%
        2011$2,108 -19.5%$50,158 -23.5%
        2010$2,619 -0.8%$65,538 -8.4%
        2009$2,639 +0.9%$71,571 -2%
        2008$2,615 +1.4%$73,002 +2.8%
        2006$2,579 +1.6%$71,041
        2005$2,538 +20.3%--
        2004$2,110 +3.6%--
        2003$2,036 +5.2%--
        2002$1,936 +5.1%--
        2001$1,841 -6.7%$43,024 +5.6%
        2000$1,974 $40,744

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $5,626/mo
        Principal & interest
        $3895
        Property taxes
        $1731
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          Climate risks

          Neighborhood: 60045

          Getting around

          77 / 100
          Very Walkable
          69 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Sheridan Elementary School
          • Middle: Deer Path Middle School
          • High: Lake Forest High School
          • District: 67

          Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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