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    Lake Forest, IL Land for Sale

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    Lake Bluff, IL Highland Park, IL Highwood, IL
    Lake Forest Gated Community Homesite
    Updated: Apr 9
    Lake Forest Gated Community Homesite

    13500 Lucky Lake Drive, Lake Forest, IL 60045

    $399,000
    1.44 AC lot
    Nearly 1.5‑acre wooded homesite in a private, gated community surrounded by luxury estates.
    Approved site readiness with sanitary sewer permit, completed soil boring, and utilities in place (public sewer and Lake Michigan water).
    Architectural plans and renderings available to utilize or customize.
    Access to a private 10‑acre lake for swimming, fishing, and paddleboarding.
    Community amenities include tennis courts, picnic areas, and a children's play area.
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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
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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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 3 Active listings in Lake Forest, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Commercial Land on Milwaukee Avenue
    Commercial Land on Milwaukee Avenue

    25043 N Il Route 21, Vernon Hills, IL 60061

    $1,999,000
    1.22 AC lot

    1.22-acre commercial lot with high visibility on Milwaukee Ave.

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    Prime Land on Milwaukee Avenue
    Prime Land on Milwaukee Avenue

    55 S Milwaukee Ave, Vernon Hills, IL

    $2,200,000
    2.21 AC lot

    2.21 acres of land for sale on Milwaukee Avenue.

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    2.5 Acres Industrial Land Available
    2.5 Acres Industrial Land Available

    123 Skokie Hwy, Lake Bluff, IL 60044

    $2,400,000
    2.50 AC lot

    2.5 acres of industrial land with income in place.

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    Lake Bluff Redevelopment Opportunity
    Lake Bluff Redevelopment Opportunity

    511 W Rockland Rd, Lake Bluff, IL 60044

    $1,500,000
    2.75 AC lot

    Commercial land for redevelopment in Lake Bluff, Illinois.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    68 Acres Tillable Land For Sale
    68 Acres Tillable Land For Sale

    Saint Johns, MI 48879

    $499,000
    68.30 AC lot

    68 acres of tillable land suitable for multiple uses.

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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

    Value Estimation by Request
    0.16 AC lot
    View details
    656 Bank Ln
    VACANT COMMERCIAL LAND

    656 Bank Ln, Lake Forest, IL 60045-1811

    Value Estimation by Request
    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

    Value Estimation by Request
    0.15 AC lot
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    890 Western Ave
    VACANT COMMERCIAL LAND

    890 Western Ave, Lake Forest, IL 60045-1739

    Value Estimation by Request
    0.48 AC lot
    View details
    890 Western Ave
    VACANT COMMERCIAL LAND

    890 Western Ave, Lake Forest, IL 60045-1739

    Value Estimation by Request
    0.15 AC lot
    View details
    890 Western Ave
    VACANT COMMERCIAL LAND

    890 Western Ave, Lake Forest, IL 60045-1739

    Value Estimation by Request
    0.26 AC lot
    View details
    890 Western Ave
    VACANT COMMERCIAL LAND

    890 Western Ave, Lake Forest, IL 60045-1739

    Value Estimation by Request
    0.11 AC lot
    View details
    890 Western Ave
    VACANT COMMERCIAL LAND

    890 Western Ave, Lake Forest, IL 60045-1739

    Value Estimation by Request
    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

    Value Estimation by Request
    1.00 AC lot
    View details
    Carroll Rd
    VACANT COMMERCIAL LAND

    Carroll Rd, Lake Forest, IL 60045

    Value Estimation by Request
    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
    1900 Amberley Ct
    VACANT COMMERCIAL LAND

    1900 Amberley Ct, Lake Forest, IL 60045-1051

    $4,830,000
    Estimated value
    7.49 AC lot
    View details
    1015 Waukegan Rd
    VACANT COMMERCIAL LAND

    1015 Waukegan Rd, Lake Forest, IL 60045-3751

    Value Estimation by Request
    0.69 AC lot
    View details
    27715 Bradley Rd
    INDUSTRIAL - VACANT LAND

    27715 Bradley Rd, Lake Forest, IL 60045

    Value Estimation by Request
    4.91 AC lot
    View details
    1045 Waukegan Rd
    VACANT COMMERCIAL LAND

    1045 Waukegan Rd, Lake Forest, IL 60045-3751

    Value Estimation by Request
    0.96 AC lot
    View details
    966 Western Ave
    VACANT COMMERCIAL LAND

    966 Western Ave, Lake Forest, IL 60045

    Value Estimation by Request
    0.17 AC lot
    View details

    Lake Forest, IL Land Market Trends and Statistics

    Explore 72 land for sale in Lake Forest, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,985 square feet of properties for sale, with an estimated market value of $399,000.

    Sale prices for lots in Lake Forest, IL start at $0.00, averaging $133,000, and reaching up to $399,000 — 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

    Commercial land 1
    Residential land & home lots 1

    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 $399K

    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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