240 Saunders Rd, Lake Forest, IL 60045 Property Records

Lake County property record for 240 Saunders Rd, Lake Forest, IL 60045

Property Summary

Property TypeSingle Family Home
Details4 bd · 3.5 ba · 3,985 sqft · built 1966
Lot Size9.95 acres (433,422 sqft)
Owner2 Company Names on Record
Last Sale$617,000 (Apr 2015)
Tax Bill$12,566 (2024)
Deeds & MortgagesNov 2023 Transfer
Oct 2020 Mortgage
Flood ZoneZone X (minimal risk)
APN15-01-102-001

Property Details

APN / Parcel Number

Primary APN15-01-102-001

Interior

Bedrooms4 Beds
Full Baths3.5 Baths
Half Baths1 Half Bath
Total Rooms8 Rooms
Stories1 Story
Building Area3,985 sqft Living Area
Gross Area4,938 sqft
1st Floor Area1,944 sqft
Upper Floors Area907 sqft
Basement Area1,512 sqft
Finished Basement1,134 sqft
Unfinished Basement378 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1966
Effective Year BuiltEffective 1966
Exterior MaterialBrick
Lot Area433,422 sqft (9.95 acres)
Lot Dimensions632 ft deep x 332 ft wide
Garage TypeAttached
Garage Area575 sqft
Parking Spaces1 Parking Space

Utilities, Heating & Cooling

Cooling SystemCentral

Location & Zoning

Street Address240 SAUNDERS RD
CityLAKE FOREST
StateIL
Zip60045-2575
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionNATHANIEL J REED JRS SUB LOT 3
Legal SubdivisionNATHANIEL J REED JRS SUB
Legal Lot Number3
JurisdictionLAKE IL
Township / Civil DivisionVERNON
Census Block Group2
Census Block2027
Census Tract866200

Owner

Source: Lake County records, as of April 29, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Company Names on Record
Mailing Address240 SAUNDERS RD, LAKE FOREST, IL 60045-2575
OccupancyOwner Occupied
Owner TypeCompany
VestingTrust

Deeds, Mortgages & Sale History

DateDocument
Nov 14, 2023Intrafamily Transfer, Transfer
ATTORNEY ONLY, ATTORNEY
Oct 1, 2020Deed of Trust, Mortgage · Conventional Mortgage
DEVON BANK

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleApr 16, 2015 · Amount on Record
Deed SaleApr 16, 2015 · Amount on Record
Prior SaleMay 15, 2013 · Amount on Record
Deed Document Number20157186998
Prior Transfer DateDec 21, 2005
Prior Transfer Doc0006176503
Record UpdatedOct 29, 2026

November 2023: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionLAKE IL
Recording DateNov 14, 2023
Property Address240 SAUNDERS RD, LAKE FOREST, IL 60045-2575
Document Number0008005954
Map ReferenceDOC 1253682
Instrument DateNov 10, 2023
Instrument8005954
Transaction TypeTransfer
Record UpdatedNov 23, 2023
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address240 SAUNDERS RD, LAKE FOREST, IL 60045-2575

October 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLAKE IL
Property Address240 SAUNDERS RD, LAKE FOREST, IL 60045-2575
Transaction TypeMortgage
Record UpdatedAug 5, 2022
Title CompanyPRIMARY TITLE SERVICES LLC

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0007700370
DateOct 1, 2020
Instrument7700370
Lender
NameDEVON BANK
TypeBank
AddressCHICAGO, IL 60645
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term180 Months
DueOct 1, 2035
Interest
Rate TypeFixed Rate
Rate2.12%

Tax Assessment & Valuation

Source: Lake County assessment roll, as of April 29, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyLake County
County SubdivisionVernon Township
MunicipalityLake Forest City
Secondary School DistrictLake Forest Community High School District 115 (09 - 12)
Elementary School DistrictLincolnshire-Prairieview School District 103 (KG - 08)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$229,316 (-19.51%) Land $128,392 Building $100,924$688,017 (-19.51%) Land $385,215 Building $302,802
2024$12,566.00 (-25.35%)
2023$16,834.00 (+3.05%)$284,911 (+0.39%) Land $162,487 Building $122,424$854,819 (+0.39%) Land $487,510 Building $367,309
2022$16,335.00$283,804 Land $161,856 Building $121,948$851,498 Land $485,617 Building $365,881

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective February 20, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 7 (15% premium discount)
Nearby Flood Policies3 in force
Nearby Flood Claims3 (1985–2017)
Claims Outside the SFHA2 of 3
Most Recent ClaimJun 2017 · other causes

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 94% of the US · lower than 61% of Illinois
Wildfire LikelihoodUnder 0.01% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 15 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

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