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Lake Forest, IL Residential Land & Home Lots for Sale

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Lake Forest Vacant Land Parcel
$475,000
1.07 Acres

Lake Forest Vacant Land Parcel

1241 Ash Lawn Dr, Lake Forest, IL 60045

1.1 acre vacant parcel in historic Lake Forest subdivision.

  • Last vacant parcel in historic, exclusive 10‑lot subdivision in central Lake Forest.
  • Convenient access to all Lake Forest amenities.
  • Lot suited for a home of approximately 4,500 square feet with tranquil pond views.
  • Protected southern border with a conservation easement.
  • Close proximity to Lake Forest Open Lands' Mellody and Middlefork Farm Nature Preserves with 4‑mile trail and sweeping views of tallgrass savanna.
Updated: Jul 24, 2025
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Lake Forest 1.37-Acre Lot
$1,300,000
1.37 Acres

Lake Forest 1.37-Acre Lot

46 Shawnee Ln, Lake Forest, IL 60045

Build your dream home on this 1.37-acre Lake Forest lot.

  • Premium 1.37‑acre lot offers ample space and privacy.
  • Located on a scenic cul‑de‑sac surrounded by mature homes and natural beauty.
  • No builder affiliation allows for complete customization of your future home.
  • Previous home site simplifies the building process.
  • Sought‑after setting.
Updated: Nov 30, 2025
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Forest, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

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

Glenview Residential Development: The Foresman
$445,000

Glenview Residential Development: The Foresman

Permit-ready residential lots in Glenview, delivery scheduled for Summer 2026.

1900 E Lake Ave, Glenview, IL 60025
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Glenview Residential Development Land Opportunity
$610,000

Glenview Residential Development Land Opportunity

Permit-ready lots for custom homes, delivery Summer 2026.

1900 E Lake Ave, Glenview, IL 60025
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Red Oaks Subdivision One-Acre Lot
$42,000

Red Oaks Subdivision One-Acre Lot

One-acre lot in Red Oaks Subdivision, near Route 12 and 173.

7369 English Oak Ln, Spring Grove, IL 60081
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Residential Lot in Red Oak
$30,000

Residential Lot in Red Oak

One acre lot in upscale Red Oak subdivision community.

7397 English Oak Ln, Spring Grove, IL 60081
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Lake Forest, IL Residential Land & Home Lots Investment Opportunities Market Analysis

Explore 2 residential land & home lots for sale in Lake Forest, IL on our real estate platform. These investment opportunities span a total of 106,286 square feet of properties for sale, with an estimated market value of $1,775,000.

Prices for home sites in Lake Forest, IL start at $475,000, averaging $887,500, and reaching up to $1,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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