487 Walnut Rd, Lake Forest, IL 60045 Property Records

Lake County property record for 487 Walnut Rd, Lake Forest, IL 60045

Property Summary

Property TypeSingle Family Home
Details6.5 ba · 6,844 sqft · built 1912
Lot Size1.04 acres (45,302 sqft)
OwnerCompany Name on Record
Last Sale$1,790,000 (Sep 1998)
Tax Bill$46,312 (2024)
Deeds & MortgagesAug 2017 Transfer
Flood ZoneZone X (minimal risk)
APN12-33-206-001

Property Details

APN / Parcel Number

Primary APN12-33-206-001

Interior

Full Baths6.5 Baths
Half Baths1 Half Bath
Stories2 Stories
Building Area6,844 sqft Living Area
Gross Area9,747 sqft
1st Floor Area3,070 sqft
Upper Floors Area3,129 sqft
AtticAttic
Attic Area1,958 sqft
Basement Area2,927 sqft
Finished Basement645 sqft
Unfinished Basement2,282 sqft
Game RoomGame Room
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1912
Effective Year BuiltEffective 1948
Architectural StyleConventional
Exterior MaterialWood Siding
Construction TypeFrame
Roof MaterialComposition Shingle
Lot Area45,302 sqft (1.04 acres)
Garage TypeAttached
Garage Area621 sqft
Parking Spaces1 Parking Space

Exterior Amenities

PorchOpen Porch
Porch Area988 sqft
Deck AreaDeck Area
Patio Area334 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemHot Water

Location & Zoning

Street Address487 WALNUT RD
CityLAKE FOREST
StateIL
Zip60045-2245
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionOWNER S SUBDN.OF LOTS 116 117 118 119 120 LOT 6
Legal SubdivisionOWNER S SUBDN.
Legal Lot Number116,6
JurisdictionLAKE IL
Township / Civil DivisionSHIELDS
Census Block Group1
Census Block1006
Census Tract863400

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin 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.

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 RecordCompany Name on Record
Mailing Address487 WALNUT RD, LAKE FOREST, IL 60045-2245
OccupancyOwner Occupied
Owner TypeCompany
VestingTrust

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleSep 1, 1998 · Amount on Record
Deed SaleSep 1, 1998 · Amount on Record
Prior SaleOct 18, 1995 · Amount on Record
Deed Document Number19984197622
Last Transfer DateAug 17, 2017
Transfer Doc0007422791
Record UpdatedOct 29, 2026

August 2017: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionLAKE IL
Recording DateAug 25, 2017
Property Address487 WALNUT RD, LAKE FOREST, IL 60045-2245
Document Number0007422791
Instrument DateAug 17, 2017
Instrument7422791
Transaction TypeTransfer
Record UpdatedSep 6, 2017
Title CompanyATTORNEY ONLY

Transaction

Tax$0.00
Additional
  • Quitclaim
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipRevocable Trust
Address487 WALNUT RD LAKE FOREST IL 600452245, LAKE FOREST, IL 60045-2245

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIllinois
CountyLake County
County SubdivisionShields Township
MunicipalityLake Forest City
Elementary School DistrictLake Forest School District 67 (PK - 08)
Secondary School DistrictLake Forest Community High School District 115 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$876,339 (+21.5%) Land $291,071 Building $585,268$2,629,280 (+21.5%) Land $873,300 Building $1,755,980
2024$46,312.00 (+11.5%)
2023$41,534.00$721,274 (+3.95%) Land $246,209 Building $475,065$2,164,039 (+3.95%) Land $738,701 Building $1,425,338
2022$693,882 Land $236,859 Building $457,023$2,081,854 Land $710,648 Building $1,371,206

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

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

Wildfire RiskNot rated
no burnable land within ember reach

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

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemLAKE FOREST
serves 19,642 people · EPA ID IL0970800
Water SourceSurface water
Last State InspectionOct 2025
Lead21 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
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.

Internet Providers

Source: FCC Broadband Data Collection, based on 136 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
AT&T
Fixed Wireless · DSL · Fiber in parts of the area
100 / 20

Nearby Properties on Walnut Rd

Nearby Streets

Search Property Records by Address or Parcel Number