Listing provided courtesy of CompassMREDas Distributed by MLSGrid- MLS# 12668448MLS Provider

490 College RoadLake Forest, IL 60045

Single Family · 7 Beds · 5 Full Baths · 1 Half Bath · 4,919 Sq. ft. | 1.11 Acres
$1,960,000 Active

490 College Road Overview

Time on Site:
25 days
Visits:
3

Ideally situated in coveted East Lake Forest, this gracious residence offers over 4,200 square feet of beautifully proportioned living space on a picturesque property just moments from Market Square, the train, parks, and the Gorton Community Center. Designed for both comfortable daily living and effortless entertaining, the home features six-plus bedrooms and five-and-a-half baths, providing exceptional flexibility for family, guests, and work-from-home needs. Generously scaled rooms, abundant natural light, and thoughtful flow create an inviting atmosphere throughout. The expansive primary suite serves as a private retreat, complete with dual dressing rooms and two separate bathrooms-an increasingly rare and sought-after luxury. Spacious secondary bedrooms offer comfort and privacy, while multiple gathering spaces accommodate every stage of life. Outside, mature landscaping and beautifully maintained grounds create a serene setting for outdoor entertaining, recreation, or quiet relaxation. The property's exceptional location allows for an easy stroll to downtown Lake Forest's shops, dining, and community amenities while preserving the privacy and tranquility of a distinguished residential setting. A rare opportunity to enjoy timeless elegance, generous scale, and an unparalleled East Lake Forest lifestyle at one of the community's most desirable addresses.

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490 College Road Facts & Features

  • Type Single Family
  • Sq. ft. 4,919
  • Price/Sq.ft. $398
  • Lot 1.11 Acres

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None

School Information

  • School District: 115
  • Elementary School: Sheridan Elementary School
  • Middle Or Junior School: Deer Path Middle School
  • High School: Lake Forest High School

Building Information

  • New Construction: No
  • Year Built: 1923

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Lake Forest
  • Township: Shields

Community/Development

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Tax Information

  • Tax Annual Amount: $23,939.82
  • Tax Year: 2025

General Information

  • Ownership: Fee Simple
  • Parcel Number: 12332080170000
  • Property Type: Residential
  • Special Listing Conditions: List Broker Must Accompany

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Full: 5
  • Bathrooms Half: 1
  • Bathrooms Total: 6
  • Bedrooms Total: 7
  • Bedrooms Possible: 7

Building Interior

  • Fireplace Location: Living Room

General Information

  • Appliances: Range, Dishwasher, High End Refrigerator
  • Basement: Partially Finished, Full
  • Cooling: Central Air, Partial, Small Duct High Velocity
  • Electric: 200+ Amp Service
  • Fireplaces Total: 1
  • Flooring: Hardwood
  • Heating: Natural Gas, Steam
  • Interior Features: Walk-In Closet(s), Bookcases
  • Laundry Features: Upper Level
  • Living Area: 4919
  • Living Area Source: Assessor
  • Rooms Total: 16

Exterior

Parking Information

  • Parking Features: Asphalt, Garage Door Opener, Yes, Garage Owned, Detached, Garage
  • Parking Total: 2

Lot Information

  • Lot Size Acres: 1.11
  • Lot Size Dimensions: 132X375
  • Water Source: Lake Michigan, Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Stucco
  • Roof: Shake

General Information

  • Other Structures: Outbuilding
  • Sewer: Public Sewer, Storm Sewer

Room Information

Room: Recreation Room

  • Level: Basement
  • Dimensions: 37X17

Room: Breakfast Room

  • Level: Main
  • Dimensions: 20X11

Room: Dining Room

  • Level: Main
  • Dimensions: 14X10

Room: Family Room

  • Level: Main
  • Dimensions: 17X14

Room: Foyer

  • Level: Main
  • Dimensions: 17X12

Room: Kitchen

  • Level: Main
  • Dimensions: 16X12

Room: Living Room

  • Level: Main
  • Dimensions: 21X13

Room: Office

  • Level: Main
  • Dimensions: 15X13

Room: Screened Porch

  • Level: Main
  • Dimensions: 29X9

Room: Bedroom 2

  • Level: Second
  • Dimensions: 13X13

Room: Bedroom 3

  • Level: Second
  • Dimensions: 13X12

Room: Bedroom 4

  • Level: Second
  • Dimensions: 15X12

Room: Bedroom 5

  • Level: Second
  • Dimensions: 12X10

Room: Laundry

  • Level: Second
  • Dimensions: 9X8

Room: Master Bedroom

  • Level: Second
  • Dimensions: 17X13

Room: Nursery

  • Level: Second
  • Dimensions: 12X10

Room: Bedroom 6

  • Level: Third
  • Dimensions: 13X12

Room: Bedroom 7

  • Level: Third
  • Dimensions: 14X13

Room: Sewing Room

  • Level: Third
  • Dimensions: 12X12

490 College Road Neighborhood

Community

60045 (Lake Forest) Demographics

47
Median Age
942
Population Density (per sq. mile)
84%
College Educated
$189,013
Estimated Median Income
6,815
Estimated Total Home Owners
998
Estimated Total Renters
87% / 13%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

490 College Road Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

490 College Road Market Data

Based on the last 30 days in this zip code

$2,347,137
Average List Price
$481
Average Price per Square Foot
30
Properties Sold
71
Average Days on Market
79
Properties for Sale
Calculations provided by Reliance Network

490 College Road History

Date Event Value Agent
6/10/2026Source: MRED Status Change
Active
6/4/2026Source: MRED Added to Database
June 04, 2026