490 College, Lake Forest IL 60045
$1,960,000

Request Private Showing

Property Description

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.

Features & Information

Key Details

  • List Price $1,960,000
  • Property Taxes $23,939.82
  • Square Feet 4919
  • Price/ Sq. Ft. $398.45
  • Year Built 1923
  • Parking Type Garage
  • Status Active

Rooms

  • Total Rooms 16
  • Basement F
  • Master Bedroom

  • Master Bath F
  • Room Size 17X13
  • Bedroom 2

  • Room Size 13X13
  • Floor Level 2nd Level
  • Bedroom 3

  • Room Size 13X12
  • Floor Level 2nd Level
  • Bedroom 4

  • Room Size 15X12
  • Floor Level 2nd Level
  • Living Room

  • Room Size 21X13
  • Floor Level Main Level
  • Flooring Hardwood
  • Family Room

  • Room Size 17X14
  • Floor Level Main Level
  • Dining Room

  • Room Size 14X10
  • Floor Level Main Level
  • Flooring Hardwood
  • Kitchen

  • Room Size 16X12
  • Kitchen Type Eating Area-Table Space
  • Floor Level Main Level
  • Flooring Hardwood
  • Basement

  • Basement Description Partially Finished
  • Bathroom(s) in Basement N

Additional Rooms

  • Additional Room 1

  • Additional Room 1 Name Breakfast Rm
  • Additional Room Size 20X11
  • Additional Room Level 2nd Level
  • Additional Room 2

  • Additional Room 2 Name 5th Bdrm
  • Additional Room Size 12X10
  • Additional Room Level 2nd Level

Interior Features

  • Appliances

  • Appliances Included Oven/Range, Dishwasher, High End Refrigerator
  • Heating & Cooling

  • Heating Type Gas, Hot Water/Steam
  • Air Conditioning Central Air, Partial, Space Pac
  • Fireplace

  • # of Fireplaces 1

Exterior Features

  • Building Information

  • Age of Building 100+ Years
  • Exterior Construction Stucco
  • Parking

  • Parking Garage
  • # of Cars 2
  • Garage Features Garage Door Opener(s)

Location

  • County Lake
  • Township Shields
  • Corporate Limits Lake Forest
  • Directions to Property Illinois Rd East To College, East To #
  • 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 23939.82
  • Tax Year 2025
  • Tax Exemptions Homeowner
  • Parcel Identification Number 12332080170000
  • Lot Information

  • Dimensions 132X375
  • Acreage 1.11

Utilities

  • Sewer Sewer-Publ

Listed by: Compass | Phone: 847.416.0446
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 6/15/2026 10:02 AM. 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.

Mortgage Calculator

  • List Price${ formatCurrency(listPrice) }
  • Taxes${ formatCurrency(propertyTaxes) }
  • Assessments${ formatCurrency(assessments) }
  • List Price
  • Taxes
  • Assessments
${ formatCurrency(price) }
${ selectedInterestRate }%
${ downPaymentPercent }%

Estimated Monthly Payment

${ formatCurrency(monthlyTotal) } / month

  • Principal & Interest${ formatCurrency(monthlyPrincipal) }
  • Taxes${ formatCurrency(monthlyTaxes) }
  • Assessments${ formatCurrency(monthlyAssessments) }

All calculations are estimates for informational purposes only. Actual amounts may vary.

Ask a Question 490 College, Lake Forest IL 60045

This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply.

Request a tour 490 College, Lake Forest IL 60045

This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply.

Share this Listing