Lake County property record for 506 Walnut Rd, Lake Forest, IL 60045
| Property Type | Single Family Home |
|---|---|
| Details | 6 bd · 3.5 ba · 3,528 sqft · built 1925 |
| Lot Size | 0.901 acres (39,261 sqft) |
| Owner | 2 Individual Names on File |
| Last Sale | $1,550,000 (Sep 2009) |
| Tax Bill | $33,818 (2024) |
| Flood Zone | Zone X (minimal risk) |
| APN | 12-33-201-003 |
| Primary APN | 12-33-201-003 |
|---|
| Bedrooms | 6 Beds |
|---|---|
| Full Baths | 3.5 Baths |
| Half Baths | 3 Half Baths |
| Total Rooms | 11 Rooms |
| Stories | 1 Story |
| Building Area | 3,528 sqft Living Area |
| Gross Area | 6,282 sqft |
| 1st Floor Area | 2,174 sqft |
| Upper Floors Area | 1,354 sqft |
| Basement Area | 2,001 sqft |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1925 |
|---|---|
| Effective Year Built | Effective 1925 |
| Architectural Style | Conventional |
| Exterior Material | Brick |
| Construction Type | Frame |
| Roof Material | Composition Shingle |
| Lot Area | 39,261 sqft (0.901 acres) |
| Garage Type | Attached |
| Garage Area | 480 sqft |
| Parking Spaces | 1 Parking Space |
| Porch | Enclosed Porch |
| Porch Area | 273 sqft |
| Cooling System | Central |
|---|---|
| Heating System | Hot Water |
| Sewer | Municipal |
| Water Source | Commercial |
| Street Address | 506 WALNUT RD |
|---|---|
| City | LAKE FOREST |
| State | IL |
| Zip | 60045-2246 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | OWNER S DIVISION OF GEO.M.COLLINS ADD TO LAKE FOREST LOT 8 |
| Legal Subdivision | OWNER S DIVISION OF GEO.M.COLLINS ADD |
| Legal Lot Number | 8 |
| Jurisdiction | LAKE IL |
| Township / Civil Division | SHIELDS |
| Census Block Group | 1 |
| Census Block | 1000 |
| 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.
506 Walnut Rd is owned and occupied by two individuals who bought it in September 2009.
Source: Lake County records, as of April 29, 2026
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Owner of Record | 2 Individual Names on File |
|---|---|
| Mailing Address | 506 WALNUT RD, LAKE FOREST, IL 60045-2246 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Sep 11, 2009 · Amount on File |
| Deed Sale | Sep 11, 2009 · Amount on File |
| Deed Document Number | 20096520563 |
| Prior Transfer Date | Oct 24, 1996 |
| Prior Transfer Doc | 0003901065 |
| Record Updated | Oct 29, 2026 |
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 | $595,256 Land $264,151 Building $331,105 | $1,785,946 Land $792,532 Building $993,414 | |
| 2024 | $33,818.00 (+20.53%) | ||
| 2023 | $28,057.00 (+2.86%) | $503,510 (+6.98%) Land $223,438 Building $280,072 | $1,510,681 (+6.98%) Land $670,381 Building $840,300 |
| 2022 | $27,276.00 | $470,679 Land $208,869 Building $261,810 | $1,412,179 Land $626,670 Building $785,509 |
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.
FEMA maps place 506 Walnut Rd in Zone X, an area of minimal flood risk.
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.
Wildfire risk around 506 Walnut Rd is low, with less than a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 96% of the US · lower than 74% 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 136 locations within half a mile, as of December 31, 2025
| Provider | Max 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 |
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