Lake County property record for 481 E Illinois Rd, Lake Forest, IL 60045
| Property Type | Single Family Home |
|---|---|
| Details | 4 bd · 3.5 ba · 3,976 sqft · built 1918 |
| Lot Size | 0.684 acres (29,791 sqft) |
| Owner | 2 Individual Names on Record |
| Last Sale | $1,335,000 (Feb 2022) |
| Tax Bill | $31,309 (2024) |
| Deeds & Mortgages | Feb 2022 Sale & Mortgage Mar 2020 Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 12-33-401-010 |
| Primary APN | 12-33-401-010 |
|---|
| Bedrooms | 4 Beds |
|---|---|
| Full Baths | 3.5 Baths |
| Half Baths | 1 Half Bath |
| Total Rooms | 10 Rooms |
| Stories | 2 Stories |
| Building Area | 3,976 sqft Living Area |
| Gross Area | 5,790 sqft |
| 1st Floor Area | 1,814 sqft |
| Upper Floors Area | 2,162 sqft |
| Attic | Attic |
| Attic Area | 1,394 sqft |
| Basement Area | 1,814 sqft |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1918 |
|---|---|
| Effective Year Built | Effective 1918 |
| Architectural Style | Conventional |
| Exterior Material | Brick |
| Construction Type | Frame |
| Roof Material | Wood Shingle |
| Lot Area | 29,791 sqft (0.684 acres) |
| Garage Type | Attached |
| Parking Spaces | 1 Parking Space |
| Porch | Open Porch |
| Porch Area | 613 sqft |
| Cooling System | None |
|---|---|
| Heating System | Hot Water |
| Sewer | Municipal |
| Water Source | Commercial |
| Street Address | 481 E ILLINOIS RD |
|---|---|
| City | LAKE FOREST |
| State | IL |
| Zip | 60045-2364 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | CALVERT SUB LOT 2 |
| Legal Subdivision | CALVERT SUB |
| Legal Lot Number | 2 |
| Jurisdiction | LAKE IL |
| Township / Civil Division | SHIELDS |
| Census Block Group | 1 |
| Census Block | 1007 |
| Census Tract | 863400 |
Source: NPS National Register of Historic Places, as of August 1, 2026
| Historic District | Within the Lake Forest Historic District listed 1978 · 590 contributing resources · NRIS 78001161 |
|---|
Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.
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 Record | 2 Individual Names on Record |
|---|---|
| Mailing Address | 481 E ILLINOIS RD, LAKE FOREST, IL 60045-2364 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
| Vesting | Tenants by the Entirety |
| Date | Document |
|---|---|
| Feb 16, 2022 | Warranty Deed, Transfer · Conventional Mortgage BANK OF AMERICA NA |
| Mar 13, 2020 | Deed of Trust, Mortgage GUARANTEED RATE |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Feb 16, 2022 · Amount on Record |
| Deed Sale | Feb 16, 2022 · Amount on Record |
| Prior Sale | Aug 21, 1998 · Amount on Record |
| Deed Document Number | 20227875176 |
| Record Updated | Oct 29, 2026 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | LAKE IL |
| Recording Date | Feb 16, 2022 |
| Property Address | 481 E ILLINOIS RD, LAKE FOREST, IL 60045-2364 |
| Document Number | 0007875176 |
| Map Reference | DOC 1377237 |
| Instrument Date | Jan 7, 2022 |
| Instrument | 7875176 |
| Transaction Type | Transfer |
| Record Updated | Mar 4, 2022 |
| Title Company | E-CHICAGO TITLE, CHICAGO TITLE |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on Record |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $1,335.00 |
| Amount Accuracy | Rounded by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Relationship | Joint Tenants |
| Address | 481 E ILLINOIS RD, LAKE FOREST, IL 60045-2364 |
| Document Number | 0007875177 |
|---|---|
| Date | Feb 16, 2022 |
| Instrument | 7875177 |
| Name | BANK OF AMERICA NA |
|---|---|
| Type | Bank |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 360 Months |
| Due | Feb 1, 2052 |
| Rate Type | Fixed Rate |
|---|---|
| Rate | 2.5% |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | LAKE IL |
| Property Address | 481 E ILLINOIS RD, LAKE FOREST, IL 60045-2364 |
| Document Number | 0007643131 |
| Instrument Date | Mar 13, 2020 |
| Transaction Type | Mortgage |
| Record Updated | Apr 21, 2020 |
| Title Company | CHICAGO TITLE COMPANY, CHICAGO TITLE CO |
| Name | Verified Name |
|---|---|
| Relationship | Tenants by the Entirety |
| Address | 481 E ILLINOIS RD LAKE FOREST IL 600452364, LAKE FOREST, IL 60045-2364 |
| Document Number | 0007643131 |
|---|---|
| Date | Mar 23, 2020 |
| Instrument | 7643131 |
| Name | GUARANTEED RATE |
|---|---|
| Address | 3940 N RAVENSWOOD AVE, CHICAGO, IL 60613-2420 |
| Amount | Amount Recorded |
|---|---|
| Term | 360 Months |
| Due | Mar 22, 2050 |
| Rate Type | Adjustable Rate |
|---|---|
| Rate | 3.37% |
Source: Lake County assessment roll, as of April 29, 2026
| Type | Name |
|---|---|
| State | Illinois |
| County | Lake County |
| County Subdivision | Shields Township |
| Municipality | Lake Forest City |
| Elementary School District | Lake Forest School District 67 (PK - 08) |
| Secondary School District | Lake Forest Community High School District 115 (09 - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $551,697 (+18.22%) Land $223,555 Building $328,142 | $1,655,256 (+18.22%) Land $670,732 Building $984,524 | |
| 2024 | $31,309.00 (+20.04%) | ||
| 2023 | $26,082.00 (+3.28%) | $466,667 (+6.98%) Land $189,100 Building $277,567 | $1,400,141 (+6.98%) Land $567,357 Building $832,784 |
| 2022 | $25,254.00 | $436,239 Land $176,770 Building $259,469 | $1,308,848 Land $530,363 Building $778,485 |
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.
Source: FEMA National Flood Hazard Layer, effective February 20, 2024
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
Values are read at the parcel center point; lenders make the official flood determination.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 99.1% of the US · lower than 94% of Illinois |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | LAKE FOREST serves 19,642 people · EPA ID IL0970800 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Oct 2025 |
| Lead | 21 ppb (2026) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | 1 last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.
Source: FCC Broadband Data Collection, based on 200 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Xfinity Cable | 2,000 / 250 |
| T-Mobile Fixed Wireless | 100 / 20 |
| AT&T Fixed Wireless · DSL · Fiber in parts of the area | 100 / 20 |
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