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    Lake Forest, IL Land for Sale

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    8 properties
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    Vacant Corner Development Land
    Updated: May 28
    Vacant Corner Development Land

    181 E Westminster, Lake Forest, IL 60045

    Contact for pricing
    11,985 sqft
    Vacant land on the southeast corner of Westminster and Oakwood in downtown Lake Forest
    Suitable for a future development project, subject to approvals
    Year built listed as 1939
    View details
    Residential Land Lot
    Updated: Jun 9
    Residential Land Lot

    315 Stable Lane, Lake Forest, IL 60045

    $1,475,000
    Residential land and home lot for sale off Westleigh Road
    Access provided via Stable Lane
    Water view reported
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    Residential Development Lot
    Residential Development Lot

    479 Illinois Rd, Lake Forest, IL 60045

    $600,000

    For-sale residential land parcel at 479 Illinois Rd in Lake Forest, IL.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Lakefront-View Residential Building Lot
    Lakefront-View Residential Building Lot

    755 Tamarack Trail, Lake Forest, IL 60045

    $550,000

    Build your custom home on one of nine lots within a newly formed cul-de-sac subdivision with open-lands views.

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    Land For Sale, Lake Forest
    Land For Sale, Lake Forest

    26699 N Bradley Rd, Lake Forest, IL 60045

    Contact for pricing

    Land available for sale in Lake Forest, Illinois.

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    Lake Forest Home Site Opportunity
    Lake Forest Home Site Opportunity

    765 West Tamarack Trail, Lake Forest, IL 60045

    $595,000

    Residential land for custom home with open land views.

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    Wooded Residential Development Lots
    Wooded Residential Development Lots

    Lot 24 Wedgewood Drive, Lake Forest, IL 60045

    $485,000

    Two adjacent lots in an established subdivision offer utilities to the site and south-facing backyards.

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    Approved Four-Lot Single-Family Land
    Approved Four-Lot Single-Family Land

    480 Saunders Road, Lake Forest, IL 60045

    $475,000
    6.00 AC lot

    Approximately six acres approved for a four-lot single-family subdivision with City water and sanitary sewer connections required.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 8 Active listings in Lake Forest, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Redevelopment Land with Operating Pub
    Redevelopment Land with Operating Pub

    515 W Rockland Rd, Lake Bluff, IL 60044

    Contact for pricing
    0.21 AC lot

    Redevelopment parcel with operating pub, offering substantial frontage on two roads and existing commercial zoning in place.

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    Subdividable Estate Land Parcel
    Subdividable Estate Land Parcel

    2805 Telegraph Road, Bannockburn, IL 60015

    Contact for pricing
    20.00 AC lot

    Large residential land parcel offered as 20 acres with subdivision potential into five estate-sized lots.

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    Residential Development Land Parcel
    Residential Development Land Parcel

    1805 Meadow Ln, Bannockburn, IL 60015

    Contact for pricing
    1.00 AC lot

    Nearly one-acre residential land parcel in Bannockburn with village lot-coverage and FAR parameters listed.

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    Lake Bluff Redevelopment Opportunity
    Lake Bluff Redevelopment Opportunity

    511 W Rockland Rd, Lake Bluff, IL 60044

    Contact for pricing
    2.75 AC lot

    Commercial land for redevelopment in Lake Bluff, Illinois.

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    Off-Market Properties in Lake Forest, IL

    Consider similar Off-Market properties in Lake Forest, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    240 Deerpath
    VACANT COMMERCIAL LAND

    240 Deerpath, Lake Forest, IL 60045-1939

    $320,000
    Estimated value
    0.16 AC lot
    View details
    656 Bank Ln
    VACANT COMMERCIAL LAND

    656 Bank Ln, Lake Forest, IL 60045-1811

    $300,000
    Estimated value
    0.11 AC lot
    View details
    222 Wisconsin Ave
    VACANT COMMERCIAL LAND

    222 Wisconsin Ave, Lake Forest, IL 60045-1735

    $2,490,000
    Estimated value
    0.14 AC lot
    View details
    Nn Fld Dr
    VACANT COMMERCIAL LAND

    Nn Fld Dr, Lake Forest, IL 60045

    $19,120,000
    Estimated value
    3.90 AC lot
    View details
    890 Western Ave
    VACANT COMMERCIAL LAND

    890 Western Ave, Lake Forest, IL 60045-1739

    $295,000
    Estimated value
    0.15 AC lot
    View details
    890 Western Ave
    VACANT COMMERCIAL LAND

    890 Western Ave, Lake Forest, IL 60045-1739

    $435,000
    Estimated value
    0.48 AC lot
    View details
    890 Western Ave
    VACANT COMMERCIAL LAND

    890 Western Ave, Lake Forest, IL 60045-1739

    $300,000
    Estimated value
    0.15 AC lot
    View details
    890 Western Ave
    VACANT COMMERCIAL LAND

    890 Western Ave, Lake Forest, IL 60045-1739

    $330,000
    Estimated value
    0.26 AC lot
    View details
    890 Western Ave
    VACANT COMMERCIAL LAND

    890 Western Ave, Lake Forest, IL 60045-1739

    $295,000
    Estimated value
    0.11 AC lot
    View details
    890 Western Ave
    VACANT COMMERCIAL LAND

    890 Western Ave, Lake Forest, IL 60045-1739

    $305,000
    Estimated value
    0.18 AC lot
    View details
    173 Illinois Rd
    VACANT COMMERCIAL LAND

    173 Illinois Rd, Lake Forest, IL 60045-1915

    $570,000
    Estimated value
    0.40 AC lot
    View details
    27880 Irma Lee Cir
    INDUSTRIAL - VACANT LAND

    27880 Irma Lee Cir, Lake Forest, IL 60045-5130

    $315,000
    Estimated value
    1.00 AC lot
    View details
    Carroll Rd
    VACANT COMMERCIAL LAND

    Carroll Rd, Lake Forest, IL 60045

    $280,000
    Estimated value
    0.78 AC lot
    View details
    560 Illinois Rd
    VACANT COMMERCIAL LAND

    560 Illinois Rd, Lake Forest, IL 60045-2444

    $1,915,000
    Estimated value
    0.02 AC lot
    View details
    208 Illinois Rd
    VACANT COMMERCIAL LAND

    208 Illinois Rd, Lake Forest, IL 60045-1916

    $1,920,000
    Estimated value
    0.07 AC lot
    View details
    582 Oakwood Ave
    VACANT COMMERCIAL LAND

    582 Oakwood Ave, Lake Forest, IL 60045-1974

    $1,320,000
    Estimated value
    0.09 AC lot
    View details

    Lake Forest, IL Land Market Trends and Statistics

    Explore 72 land for sale in Lake Forest, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 273,345 square feet of properties for sale, with an estimated market value of $4,180,000.

    Sale prices for lots in Lake Forest, IL start at $475,000, averaging $696,666, and reaching up to $1,475,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 7
    Commercial land 2

    Demographics Overview

    Population 21K
    Population Growth (5Y) -0.8%
    Median Household Income $225,551

    High-Yield Neighborhoods for Investment

    Identify Lake Forest submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60045 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 6.70%
    Property Tax per SF $18.26 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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