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Closed
  • $1,200,000

    540 Buena Rd, Lake Forest, IL 60045

    4beds
    3,112sqft
    Single Family Residence
    Built in 1985
    0.38 Acres Lot
    $1,211,800 Zestimate®
    $386/sqft
    $5,774 Estimated rent

    Home value

    $1,211,800

    $1.10M - $1.32M

    $5,774/mo

    Zestimate® history
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    What's special

    Nestled on a private, tree-studded lot in The Ponds, this 3,112-square-foot Cape Cod-style home is a study in modern adaptability, with a rare first-floor primary suite and a large, partially finished lower level designed to evolve with life's changing rhythms. Classic white siding, black shutters, and a cedar shake roof set a timeless tone that continues to the interiors. A sunlit, two-story foyer opens to gracious spaces defined by crown moldings, hardwood floors, and traditional architectural detailing. In the great room, a wall of windows and French doors invite in western light and extend seamlessly to the outdoors, where a newly added entertainer's patio overlooks a deep, lush backyard. An open kitchen-complete with honed granite countertops, ample pantry storage, and an adjoining breakfast area-serves as the natural gathering place of the home. Elegant double doors lead to a formal dining room that can easily flex as a den or office. The first-floor primary suite enjoys serene views of the backyard, and features a wall of closets plus a spa-like bath with double vanities, soaking tub, separate shower, and generous linen storage. Upstairs, three additional bedrooms boast tall ceilings, expansive closets, and a skylit hall bath that fills the space with natural light. The lower level reveals a finished recreation room with generous ceiling height, accompanied by a flexible multipurpose room suited for a gym, hobby room, or second office, plus plenty of unfinished storage space. Outdoors, the spacious patio encourages al fresco living amid mature trees, creating a secluded, park-like retreat. Additional highlights include a first-floor laundry/mudroom, heated two-car garage, and recent updates such as a new front paver walkway and rear patio (2023) and upgraded attic insulation (2022). A rare opportunity to own a beautifully maintained home in The Ponds, one of Lake Forest's most coveted enclaves.

    Zillow last checked: 8 hours ago

    Listing updated: December 29, 2025 at 03:43pm

    Listing courtesy of:

    Dawn McKenna 847-234-8000,

    Coldwell Banker Realty

    Bought with:

    Howard King

    ARNI Realty Incorporated

    Source: MRED as distributed by MLS GRID,MLS#: 12496514MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Flooring (Carpet), Bathroom (Full)
    • Level: Main
    • Area: 256 Square Feet
    • Dimensions: 16X16
    Bedroom 2
    • Features: Flooring (Carpet)
    • Level: Second
    • Area: 234 Square Feet
    • Dimensions: 13X18
    Bedroom 3
    • Features: Flooring (Carpet)
    • Level: Second
    • Area: 156 Square Feet
    • Dimensions: 12X13
    Bedroom 4
    • Features: Flooring (Carpet)
    • Level: Second
    • Area: 228 Square Feet
    • Dimensions: 12X19
    Bonus room
    • Features: Flooring (Carpet)
    • Level: Basement
    • Area: 182 Square Feet
    • Dimensions: 13X14
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 192 Square Feet
    • Dimensions: 12X16
    Foyer
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 9X20
    Kitchen
    • Features: Kitchen (Eating Area-Table Space), Flooring (Hardwood)
    • Level: Main
    • Area: 187 Square Feet
    • Dimensions: 11X17
    Laundry
    • Level: Main
    • Area: 63 Square Feet
    • Dimensions: 9X7
    Living room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 496 Square Feet
    • Dimensions: 31X16
    Recreation room
    • Features: Flooring (Carpet)
    • Level: Basement
    • Area: 506 Square Feet
    • Dimensions: 22X23
    Storage
    • Level: Basement
    • Area: 621 Square Feet
    • Dimensions: 27X23
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Cooktop, Oven, Range Hood, Water Purifier
    Features
    • Basement: Finished,Full
    • Number of fireplaces: 1
    • Fireplace features: Gas Log, Gas Starter, Family Room
    Interior area
    • Total structure area: 0
    • Total interior livable area: 3,112 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Asphalt, Garage Door Opener, Heated Garage, Garage Owned, Attached, Garage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 2
    Lot
    • Size: 0.38 Acres
    • Dimensions: 141X166X21X35
    • Features: Corner Lot
    Details
    • Parcel number: 16054020440000
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Cedar
    • Foundation: Concrete Perimeter
    • Roof: Shake
    Condition
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer, Storm Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Lake Forest

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,000 annually
    • Services included: Insurance

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/3/2025Sold$1,200,000+10.6%$386/sqft
    Source: MRED as distributed by MLS GRID #12496514 Report a problem
    11/11/2025Contingent$1,085,000$349/sqft
    Source: MRED as distributed by MLS GRID #12496514 Report a problem
    11/7/2025Listed for sale$1,085,000+14.2%$349/sqft
    Source: MRED as distributed by MLS GRID #12496514 Report a problem
    11/30/2022Sold$950,000-2.6%$305/sqft
    Source: MRED as distributed by MLS GRID #11644215 Report a problem
    11/1/2022Pending sale$975,000$313/sqft
    Source: MRED as distributed by MLS GRID #11644215 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$16,222 -1.6%$292,046 +9.4%
    2022$16,477 +5.7%$266,927 -2.6%
    2021$15,588 +2.7%$274,111 +3.5%

    Find assessor info on the county website

    Neighborhood: 60045

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cherokee 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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