Skip main navigation
Closed
  • $650,000

    789 N McKinley Rd, Lake Forest, IL 60045

    3beds
    --sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $652,300 Zestimate®
    $--/sqft
    $4,240 Estimated rent

    Owner options

    List your home for rent

    $4,240/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $4,240/mo

    Rent Zestimate®

    Refinance and save

    $4,727/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $4,727/mo

    Est. payment

    What's special

    Rare investment opportunity, own a 4-unit multifamily home in downtown Lake Forest at a great price! Fantastic location near Metra commuter rail and bike trails, Lake Forest Library, Market Square, and access to grocery and retail shops. Two units in front, one on the main level, feature hardwood floors and tall ceilings, a large foyer entry, a wood-burning fireplace with bay windows in the living room, a one-bedroom, one-bath unit, and a kitchen. The front second-level unit features a carpeted living space, a kitchen with an adjacent dining or sunroom, a decent-sized pantry closet, a single bedroom, and a full bathroom with a tub. There are two units at the back of the building. The first floor is a studio, accessible from the side of the building, that features hardwood floors, a kitchen, and a bath. The second-level unit, featuring hardwood floors, comprises a living space (or second bedroom), a kitchen, a bedroom, and a bath with a tub. The unfinished basement, featuring a common walk-out, includes a washer and dryer shared by all four units, as well as individual storage. This home is equipped with a newer water heater, boiler heat, individual electricity panels, and window air conditioning. No parking is included, but well-lit overnight parking can be purchased across the street in the city lot. The drive and alley are access-only. Sold "as-is", no warranties.

    Zillow last checked: 7 hours ago

    Listing updated: September 30, 2025 at 12:25pm

    Listing courtesy of:

    Flor Hasselbring 847-997-1901,

    Compass,

    Tracy Hasselbring 312-259-8866,

    Compass

    Bought with:

    Donald Glyman

    Tri-County Comm'l R.E., Inc.

    Source: MRED as distributed by MLS GRID,MLS#: 12370830MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 4
    Bathroom
    • Features: Soaking Tub
    Heating
    • Natural Gas
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Unfinished,Exterior Entry,Storage Space,Full,Walk-Out Access

    Property

    Lot
    • Size: 4,600 sqft
    • Dimensions: 40 X 115
    Details
    • Parcel number: 12331080020000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Brick/Mortar
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s)
    Community
    • Community features: Curbs, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Lake Forest

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $652,300
    2% more+$13,046
    With Zillow Showcase(estimated)$665,346