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    Lake Forest, IL Land for Sale

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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
    Land
    Updated: Jul 16
    Land

    615 Whitehall Ln, Lake Forest, IL 60045

    $949,000
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    Vacant Land
    Vacant Land

    2200 W Saunders Rd, Lake Forest, IL 60045

    $235,000

    Residential land & home lots

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 76 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

    Opportunities in Nearby Cities

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

    Vacant Land
    Vacant Land

    26366 N Farwell Rd, Mettawa, IL 60045

    $500,000

    Residential land & home lots

    View details
    Land, Deerfield, IL
    Land, Deerfield, IL

    23493 N Wildwood Lane, Deerfield, IL 60015

    $475,000
    0.26 AC lot

    Land · 0.26 Acres

    View details
    Land/Lot
    Land/Lot

    26083 N Farwell Rd, Mettawa, IL 60045

    $500,000

    Residential land & home lots

    View details
    Land or Vacant Lot
    Land or Vacant Lot

    23493 N Wildwood Lane, Deerfield, IL 60015

    $475,000

    Residential land & home lots

    View details

    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

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

    656 Bank Ln, Lake Forest, IL 60045-1811

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

    222 Wisconsin Ave, Lake Forest, IL 60045-1735

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

    Nn Fld Dr, Lake Forest, IL 60045

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

    890 Western Ave, Lake Forest, IL 60045-1739

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

    890 Western Ave, Lake Forest, IL 60045-1739

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

    890 Western Ave, Lake Forest, IL 60045-1739

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

    890 Western Ave, Lake Forest, IL 60045-1739

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

    890 Western Ave, Lake Forest, IL 60045-1739

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

    890 Western Ave, Lake Forest, IL 60045-1739

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

    173 Illinois Rd, Lake Forest, IL 60045-1915

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

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

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

    Carroll Rd, Lake Forest, IL 60045

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

    560 Illinois Rd, Lake Forest, IL 60045-2444

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

    208 Illinois Rd, Lake Forest, IL 60045-1916

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

    582 Oakwood Ave, Lake Forest, IL 60045-1974

    Estimated value:
    $1,320,000
    0.09 AC lot
    View details
    1900 Amberley Ct
    VACANT COMMERCIAL LAND

    1900 Amberley Ct, Lake Forest, IL 60045-1051

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

    1015 Waukegan Rd, Lake Forest, IL 60045-3751

    Estimated value:
    $290,000
    0.69 AC lot
    View details
    27715 Bradley Rd
    INDUSTRIAL - VACANT LAND

    27715 Bradley Rd, Lake Forest, IL 60045

    Estimated value:
    $445,000
    4.91 AC lot
    View details
    1045 Waukegan Rd
    VACANT COMMERCIAL LAND

    1045 Waukegan Rd, Lake Forest, IL 60045-3751

    Estimated value:
    $310,000
    0.96 AC lot
    View details
    966 Western Ave
    VACANT COMMERCIAL LAND

    966 Western Ave, Lake Forest, IL 60045

    Estimated value:
    $295,000
    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 $1,184,000.

    Sale prices for lots in Lake Forest, IL start at $235,000, averaging $592,000, and reaching up to $949,000 — 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 2
    Commercial land 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 $592K

    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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