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Lake Forest · Lake County · IL

Homes for sale in Lake Forest.

Active listings
49
Median list
$2.55M
Avg time on market
14 days
Sold · last year
299
Map data, Mapbox / OpenStreetMap contributors

About the community

Living in Lake Forest.

Lake Forest is a Lake County city on the shore of Lake Michigan, roughly 30 miles north of downtown Chicago on the North Shore. Founded in 1857 by Chicago Presbyterians who hired landscape architect Almerin Hotchkiss to plat the new town around a university park, the city was incorporated in 1861 and grew into one of the wealthiest enclaves in the Midwest. Its civic center is Market Square, completed in 1916 to Howard Van Doren Shaw's design and widely cited as the first planned shopping district in the United States. Lake Forest is home to Lake Forest College, Northwestern Medicine Lake Forest Hospital, and Halas Hall, the headquarters and training facility of the Chicago Bears. Two Metra stations, Forest Park Beach on Lake Michigan, and a deep bench of preserves and historic estates give the city its blend of small-town walkability and country-estate scale.

At a glance

About 19,400 residents

2020 Census recorded 19,367 residents across 17.27 square miles, of which 17.20 are land.

Founded 1857, incorporated 1861

Platted in 1857 by landscape architect Almerin Hotchkiss for a group of Chicago Presbyterians, formally incorporated under a special Illinois charter in 1861.

Market Square (1916)

Howard Van Doren Shaw's U-shaped commercial square, widely cited as the first planned shopping district in the United States.

Lake Forest College

Private liberal arts college founded 1857, originally Lind University, campus at the center of the original Hotchkiss plan.

Halas Hall

Chicago Bears headquarters and training facility at 1920 Football Drive. Purpose-built facility opened in 1997.

Two Metra stations

Lake Forest (UP-N) at 691 N Western Avenue (28.3 miles to Ogilvie) and West Lake Forest (MD-N) at 10205 N Waukegan Road (28.4 miles to Union Station).

Northwestern Medicine Lake Forest Hospital

201-bed hospital on a 160-acre campus at 1000 N Westmoreland Road. Replacement facility opened 2017.

Property tax about 1.87 percent

Median effective property tax rate per Ownwell, the lowest in Lake County, against a median typical home value above $1 million.

What’s close

Lake Forest occupies the Lake Michigan bluff between Lake Bluff and Highland Park, with most daily life centered on Market Square, the two Metra stations, Forest Park Beach, and the Lake Forest College campus.

Market Square
1916 Howard Van Doren Shaw design at the heart of downtown, anchoring shops and restaurants around a central green and fountain.
Forest Park Beach
29-acre bluff-top park with sand beach, fishing pier, boat launch, and walking paths on Lake Michigan.
Lake Forest College
Liberal arts college founded 1857, wooded campus at the center of the original Hotchkiss plan.
Northwestern Medicine Lake Forest Hospital
201-bed full-service hospital on a 160-acre campus at 1000 N Westmoreland Road. Replacement campus opened 2017.
Lake Forest Metra Station (UP-N)
East Lake Forest depot at 691 N Western Avenue, 28.3 miles from Ogilvie Transportation Center.
Halas Hall
Chicago Bears headquarters and training facility at 1920 Football Drive.

What it’s actually like to live here

Lake Forest blends a walkable historic downtown with country-estate scale residential blocks set among ravines, bluffs, and mature woodlands. Market Square anchors the social and retail center, with locally owned shops, national specialty retailers, and restaurants arranged around a central green and fountain. Beyond downtown, residents and visitors use Forest Park Beach for swimming, sailing instruction, and lakefront walking, while the Lake Forest College campus and the Deer Path Inn (styled after a 15th-century English manor) define the city's civic and hospitality character.

The city's draw for families is heavily tied to its schools and outdoors. District 67 (K-8) and District 115 (high school) serve Lake Forest, Lake Bluff, and Knollwood with a shared administration center, and Lake Forest High School has been recognized as a National Blue Ribbon school. Open Lands properties, Elawa Farm, and Fort Sheridan Forest Preserve to the south provide hundreds of acres of preserves and historic agricultural and military grounds along the lakefront, while two Metra lines give commuters direct rail access to Chicago without giving up the city's quiet, low-density feel.

Neighborhoods

Detailed Lake Forest community pages coming soon.

Browse the listings above. Detailed neighborhood pages with market stats, school info, and lifestyle take-downs land here as we roll them out.

Schools

Districts serving Lake Forest.

Boundary lines do shift. Always confirm in writing for a specific address before writing an offer.

  • D67Grades Pre-K to 8

    Lake Forest School District 67

    Schools serving the area

    • Sheridan Elementary (Pre-K to 4)
    • Cherokee Elementary (K to 4)
    • Everett Elementary (K to 4)
    • Deer Path Middle School East (5 to 8)
    • Deer Path Middle School West (5 to 8)

    K-4 students attend their neighborhood school based on the district's boundary map; all 5-8 students attend Deer Path Middle School.

  • D115Grades 9 to 12

    Lake Forest Community High School District 115

    Schools serving the area

    • Lake Forest High School (East Campus and West Campus)

    Serves Lake Forest, Lake Bluff, and Knollwood, with smaller portions of Mettawa and North Chicago. Lake Forest High School was a 2021 National Blue Ribbon recipient.

From the neighborhood

Real local creators on TikTok. Tap a tile to play it right here.

Replying to @Heidi Weil Patrick #foodie #breakfast #bagels #nearme #jacobs #lakeinthehills #westdundee #huntley #lunch #chicago #illinois #food #algonquin

@.coreybagels

Last night marked the first-ever Comedy at the Cosman, and what a debut it was! With a sold-out crowd filling the Cosman Theater, Kevin Farley and opener, Kneel Bryant brought nonstop energy, big stor

@huntleyparkdistrict

I work as an activity aide at an assisted living facility and every so often we put on outings for the residents, yesterday’s outing was to Tom’s Farm Market in Huntley, IL 🌾 I’d been seeing the App

@allaboutallyson

About last night!! Sparkle & Swap event at Sew Hop’d Brewery in Huntley, IL. We bedazzled books, talked about books, swapped books and met new bookish besties! Can’t wait for our other events coming u

@cozy.girls.collective

Getting around

Commute + transit from Lake Forest.

MetraUP-N + MD-N line
  • Stations: Lake Forest, West Lake Forest
  • Terminal: Chicago Ogilvie (OTC) for UP-N; Chicago Union Station for MD-N
  • Distance: 28 miles to downtown Chicago
DriveBy car
  • Routes: US-41 (Skokie Highway) · IL-60 (Town Line Road) · I-94 (Tri-State Tollway)
  • O'Hare Airport: ~35 min
  • Chicago Loop: ~46 min

By the numbers

Lake Forest taxes + market stats.

Property tax rates vary by exact township and assessor district. Confirm per address before pricing a purchase.

Property tax rate

1.87%

effective avg

Sales tax

8.00%

combined

Median sold price

$1,255,000

MRED · last 12 mo (299 sales)

Median household income

$235,081

ACS

How Lake Forest got here

A bit of history.

Lake Forest traces its founding to February 1856, when a group of Chicago Presbyterians met at the Second Presbyterian Church and formed the Lake Forest Association to establish a town and a Christian college roughly halfway between Evanston and Waukegan. The Association hired St. Louis landscape architect Almerin Hotchkiss, who registered his plat in July 1857. Hotchkiss laid out curvilinear streets following the wooded ravines that drain to Lake Michigan, with parkland, a cemetery, and a town center adjacent to the commuter rail line to Chicago. The plan predated Olmsted and Vaux's Riverside design by more than a decade and is considered one of the earliest examples of romantic, anti-urban suburban planning in America. The Illinois State Legislature granted Lake Forest a special charter and the city was incorporated in 1861.

The college at the heart of the plan opened in 1857 as Lind University, was renamed Lake Forest University in 1865, and narrowed its focus to undergraduate liberal arts as Lake Forest College. The city's defining commercial landmark, Market Square, was built to Howard Van Doren Shaw's U-shaped design between 1915 and 1916, making it one of the first planned shopping districts in the United States, with unified architecture, central management, and dedicated automobile parking. Through the late 19th and 20th centuries, Lake Forest became a country-estate retreat for Chicago industrialists, and the city's bluff-top mansions, ravine landscapes, and Howard Van Doren Shaw buildings remain a defining feature of the community.

The questions buyers actually ask

Lake Forest FAQ

The questions I get most from buyers shopping Lake Forest. If yours isn't here, text 224-385-8779, same-day reply.

Where is Lake Forest, Illinois?
Lake Forest is on the Lake Michigan shoreline in Lake County, about 30 miles north of downtown Chicago on the North Shore, between Lake Bluff to the north and Highland Park to the south.
When was Lake Forest founded?
The town was platted in 1857 by landscape architect Almerin Hotchkiss for a group of Chicago Presbyterians, and the city was formally incorporated under a special Illinois charter in 1861. The Hotchkiss plan predated Olmsted and Vaux's Riverside design by more than a decade.
What is Market Square?
Market Square is the 1916 U-shaped commercial square designed by Howard Van Doren Shaw, widely cited as the first planned shopping district in the United States, with unified architecture, central management, and designated automobile parking. It still anchors downtown Lake Forest today.
What schools serve Lake Forest?
K-8 students attend Lake Forest School District 67 (Cherokee, Everett, Sheridan elementaries and Deer Path Middle School East and West). High school students attend Lake Forest Community High School District 115, a 2021 National Blue Ribbon school. Lake Forest College, founded in 1857, is the city's four-year liberal arts college.
How do I commute to Chicago from Lake Forest?
Lake Forest has two Metra stations: the east Lake Forest depot on the Union Pacific North line (28.3 miles to Ogilvie) and West Lake Forest on the Milwaukee District North line (28.4 miles to Union Station). Driving downtown via I-94 and US-41 typically runs about 45 to 50 minutes outside peak traffic.
What is the property tax rate in Lake Forest?
Lake Forest's median effective property tax rate is roughly 1.87 percent per Ownwell, the lowest in Lake County, but absolute bills are still substantial given a typical home value above $1 million.
Are the Chicago Bears really based in Lake Forest?
Yes. Halas Hall, the Chicago Bears' headquarters and training facility, sits at 1920 Football Drive in Lake Forest. The Bears moved to a purpose-built facility there in 1997 after years on the Lake Forest College campus.

Nearby

Towns next to Lake Forest.

If you’re cross-shopping the area, these are the places that border Lake Forest.

Your local agent

Joe knows Lake Forest

Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.

When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.

  • Licensed Illinois broker
  • Comp-driven pricing
  • Lake Forest specialist
  • Honest local market take
  • Brokerocity

Thinking of selling?

What's your home actually worth?

Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.

  • Pricing range with comp-by-comp logic
  • Pre-list improvements that pay back, and the ones that don't
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