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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.
    49 days
    |
    1,877
    |
    37
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 15, 2025 at 12:58pm

    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, 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
    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

    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%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $5,843/mo
    Principal & interest
    $3832
    Property taxes
    $1731
    Home insurance
    $280

      Climate risks

      Neighborhood: 60045

      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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