Located in the heart of beautiful downtown Lake Forest, this versatile property sits just across from the Metra station and everything the area has to offer. Currently configured as a two-unit residence, the home is zoned single-family and offers multiple possibilities: convert it into a spacious single-family home or keep it as an income-producing investment property. First floor unit features 2 BR/1 bath. Second floor unit features 1 BR/1 bath. The partially finished basement has one additional bedroom + a full bathroom. Common washer/dryer located in the basement. Yard with patio and a detached one car garage. This is a rare opportunity in an unbeatable location and is sold as-is.
Closed
$550,000
869 N McKinley Rd, Lake Forest, IL 60045
3beds
--sqft
Multi Family
Built in 1910
-- sqft lot
$575,000 Zestimate®
$--/sqft
$2,475 Estimated rent
Home value
$575,000
$546,000 - $604,000
$2,475/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 15, 2025 at 12:01am
Listing courtesy of:
Scott Newman 847-894-5773,
Keller Williams ONEChicago,
Michelle Andrew,
Keller Williams ONEChicago
Bought with:
Wendy Szostak
Redfin Corporation
Source: MRED as distributed by MLS GRID,MLS#: 12475680
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Partially Finished,Full
Property
Parking
- Total spaces: 1
- Parking features: Garage Owned, Detached, Garage
- Garage spaces: 1
Lot
- Size: 3,750 sqft
- Dimensions: 75 X 50
Details
- Parcel number: 12283150050000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & neighborhood
Location
- Region: Lake Forest
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2025 | Sold | $550,000-8.3% |
Source:  MRED as distributed by MLS GRID #12475680 Report a problem | ||
| 10/7/2025 | Contingent | $600,000 |
Source: MRED as distributed by MLS GRID #12475680 Report a problem | ||
| 9/18/2025 | Listed for sale | $600,000 |
Source: MRED as distributed by MLS GRID #12475680 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $7,410 +42.3% | $127,726 +8.5% |
| 2022 | $5,206 +3% | $117,742 +21.1% |
| 2021 | $5,056 +2.2% | $97,224 +0.3% |
Find assessor info on the county website
Neighborhood: 60045
Nearby schools
GreatSchools rating
- 10/10Sheridan Elementary SchoolGrades: PK-4Distance: 0.6 mi
- 9/10Deer Path Middle School WestGrades: 7-8Distance: 0.8 mi
- 10/10Lake Forest High SchoolGrades: 9-12Distance: 0.6 mi
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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Estimated market value$575,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$575,000