Newly Built Apartment
For Sale
$6,900,000
1401 N Western Ave, Lake Forest, IL 60045
Fully occupied multifamily property with large units, private patios, upscale kitchens, and in-unit laundry.
Property Size12,555 SF
Days on Market91
Property Features for 1401 N Western Ave
General Information
Standard status
Active
Size
12,555 SF
Property subtype
Multifamily
Building Details
Building Size
12,555 SF
Year Built
2024
Listing Agency:
(773) 293-5000
Listed By:
Lee Kiser · License #IL #471014529
Source:
Kisergroup
Added: Jun 2
Changed: Aug 29
Last Checked: Aug 30 at 4:00PM
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 Lee Kiser
Investment Insights
Based on property information with market context.
This 2024 apartment building offers large residences with open layouts, high ceilings, exposed brick and beams, and contemporary finishes. Kitchens feature Bertazzoni appliances, while each unit includes in-unit laundry and a patio. Outdoor parking provides two spaces per unit.
The property is in Lake Forest, IL, within a short walk of the town center. It is fully occupied and remains under the management of its original builder. The building’s recent construction and residential amenities create a consistent multifamily offering with a modern interior package.
The property is in Lake Forest, IL, within a short walk of the town center. It is fully occupied and remains under the management of its original builder. The building’s recent construction and residential amenities create a consistent multifamily offering with a modern interior package.
Key Highlights
- 2024‑built apartment building in Lake Forest, IL
- Fully occupied multifamily asset
- Large units with patios and open floor plans
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
319
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with large units, private patios, upscale kitchens, and in-unit laundry.
Where is this apartment building located?
The property is located at 1401 N Western Ave Lake Forest, IL.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: 2024‑built apartment building in Lake Forest, IL; Fully occupied multifamily asset; Large units with patios and open floor plans
