Wooded Residential Development
For Sale
$485,000
Lot 24 Wedgewood Drive, Lake Forest, IL 60045
Two adjacent lots in an established subdivision offer utilities to the site and south-facing backyards.
Property SizeContact for details
Days on Market514
Property Features for Lot 24 Wedgewood Drive
General Information
Standard status
Active
Property subtype
Lots/Land
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$6,747
Listing Agency:
Jameson Sotheby's International Realty
(847) 804-0969
Listed By:
Kiki Clark · License #471005224
(847) 804-0969
Source:
Exitrealty
Added: Mar 13, 2025
Changed: Aug 8
Last Checked: May 28 at 8:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jameson Sotheby's International Realty
Investment Insights
Based on property information with market context.
This offering includes two adjacent residential lots in the established Wedgewood Subdivision, providing a wooded setting with south-facing backyards. The lots can be built out individually or combined, with each lot allowing development up to 5,000 square feet.
Utilities are improved and completed to the site, including electric, water, gas, and sewer. The location is described as having easy access to schools and Metra train stations, as well as Route 41 and I-294. Nearby conveniences include grocery, shopping, dining, and coffee.
The property is available for buyers to bring their own builder, with additional outdoor flexibility noted, including room for a pool.
Utilities are improved and completed to the site, including electric, water, gas, and sewer. The location is described as having easy access to schools and Metra train stations, as well as Route 41 and I-294. Nearby conveniences include grocery, shopping, dining, and coffee.
The property is available for buyers to bring their own builder, with additional outdoor flexibility noted, including room for a pool.
Key Highlights
- Two adjacent lots (1611 & 1631) in the established Wedgewood Subdivision, each just under an acre
- South‑facing backyards, with wooded property and surrounding landscaped homes
- Build up to 5,000 SF on each lot or combine for additional potential
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
Explore this area
Business Placement
Demographics for 60045, IL
21,026
Population
7,939
Households
2.6
Avg Household Size
46
Median Age
81%
College-Educated
99%
High-School Grad
21.3 sq mi
ZIP Area
987
Density / Sq Mi
$225,551
Median Household Income
$78,718
Median Earnings
$2,321
Median Rent
$899,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two adjacent lots in an established subdivision offer utilities to the site and south-facing backyards.
Where is this residential land & home lot located?
The property is located at Lot 24 Wedgewood Drive Lake Forest, IL.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Two adjacent lots (1611 & 1631) in the established Wedgewood Subdivision, each just under an acre; South‑facing backyards, with wooded property and surrounding landscaped homes; Build up to 5,000 SF on each lot or combine for additional potential
