331 Granby, Lake Forest IL 60045
Property Description
Transformed Storybook Cottage One Block From Downtown Lake Forest. Just moments from the train, shopping, dining, and the beach. Tucked along a quiet enclave in East Lake Forest, this extensively renovated 1925 gabled cottage offers the best of in-town living just down the street. Storybook charm gives the home instant curb appeal while bright, sunny interiors blend vintage character with modern updates-the result of the current owner's meticulous stewardship. Tall ceilings, arched doorways, traditional millwork, and newly lightened original hardwood floors give the main level a timeless quality. The living and dining areas can function as a flexible, open-flow space, equally suited to everyday living and casual entertaining. The kitchen has been completely reimagined with modern appointments, including a Sub-Zero refrigerator, Samsung appliances, a farmhouse sink, updated cabinetry, a breakfast bar, and a well-organized pantry. Just beyond, a rear mudroom offers practical access to the fenced backyard. The first-floor bedroom, with abundant natural light, has easy access to a renovated full bath and direct access to the second floor. Upstairs, the architecture shifts into a cozier scale-a pair of tandem rooms with pitched ceilings ideal for bedrooms, a playroom, or a cozy creative retreat. The fully finished lower level expands the home's footprint. Featuring painted exposed ceilings, luxury vinyl flooring, and thoughtful zoning to accommodate multiple functions, it includes a large recreation area, an office or bonus room, an added full bath, a new laundry room, and generous closeted storage. A rare walkout feature connects directly to the backyard with a storage room beyond. Outside, the property has been transformed with new landscaping, a paver patio, new fencing, and cozy front porch. Behind the scenes, major mechanical upgrades-new copper water service and lines, new electrical, a new furnace and boiler, new HVAC units, a new hot water heater-bring peace of mind to a home with nearly a century of character. Every space reflects the care of a thoughtful renovation that honors the charm of a 1920s cottage while elevating the way the home lives today. If you're seeking in-town proximity, vintage style, and move-in ready spaces in the heart of Lake Forest, this home checks all of the boxes.
Features & Information
Key Details
- List Price $799,000
- Property Taxes $5,638.44
- Square Feet 1245
- Price/ Sq. Ft. $641.77
- Year Built 1925
- Parking Type Space/s
- Status Active
Rooms
- Total Rooms 9
- Basement F
-
Master Bedroom
- Master Bath N
- Room Size 9X13
-
Bedroom 2
- Room Size 13X16
- Floor Level 2nd Level
- Flooring Carpet
-
Bedroom 3
- Room Size 12X10
- Floor Level 2nd Level
- Flooring Carpet
-
Living Room
- Room Size 12X13
- Floor Level Main Level
- Flooring Hardwood
-
Dining Room
- Room Size 12X14
- Floor Level Main Level
- Flooring Hardwood
-
Kitchen
- Room Size 16X12
- Kitchen Type Eating Area-Breakfast Bar,Pantry-Walk-in
- Floor Level Main Level
- Flooring Porcelain Tile
-
Basement
- Basement Description Finished
- Bathroom(s) in Basement Y
Additional Rooms
-
Additional Room 1
- Additional Room 1 Name Den
- Additional Room Size 9X7
- Additional Room Level Basement
- Additional Room Flooring Hardwood
-
Additional Room 2
- Additional Room 2 Name Office
- Additional Room Size 9X9
- Additional Room Level Basement
- Additional Room Flooring Vinyl
Interior Features
-
Appliances
- Appliances Included Oven/Range, Microwave, Dishwasher, High End Refrigerator, All Stainless Steel Kitchen Appliances
-
Heating & Cooling
- Heating Type Radiators, 2+ Sep Heating Systems
- Air Conditioning Wall Unit(s)
Exterior Features
-
Building Information
- Age of Building 91-100 Years
- Exterior Construction Other
-
Parking
- Parking Space/s
- # of Cars 2
- Parking Details Driveway
Location
- County Lake
- Township Shields
- Corporate Limits Lake Forest
- Directions to Property Green Bay Rd To E Deerpath Rd, East To N Mckinley Rd, North To Granby Rd, East To Property
-
Schools
- Elementary School District 67
- School Name Sheridan Elementary Schoo
- Junior High District 67
- School Name Deer Path Middle School
- High School District: 115
- School Name Lake Forest High School
-
Property Taxes
- Tax 5638.44
- Tax Year 2024
- Tax Exemptions Homeowner
- Parcel Identification Number 12283150140000
-
Lot Information
- Dimensions 39X93X29X68
- Acreage 0.05
Utilities
- Sewer Sewer-Stor
Listed by: Coldwell Banker Realty | Phone: 847.234.8000
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 11/28/2025 3:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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