547 Meadowood Dr, Lake Forest, IL 60045 Property Records

Lake County property record for 547 Meadowood Dr, Lake Forest, IL 60045

Property Summary

Property Type	Single Family Home
Details	4 bd · 2.5 ba · 3,826 sqft · built 1967
Lot Size	0.552 acres (24,049 sqft)
Owner	Company Name on Record
Last Sale	$695,000 (Sep 2020)
Tax Bill	$16,352 (2024)
Deeds & Mortgages	Sep 2020 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`12-31-103-003`

Property Details

APN / Parcel Number

Primary APN	`12-31-103-003`

Interior

Bedrooms	4 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Total Rooms	8 Rooms
Stories	2 Stories
Building Area	3,826 sqft Living Area
Gross Area	4,448 sqft
1st Floor Area	1,657 sqft
Upper Floors Area	1,334 sqft
Basement Area	928 sqft
Finished Basement	835 sqft
Unfinished Basement	93 sqft
Game Room	Game Room
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1967
Effective Year Built	Effective 1967
Architectural Style	Conventional
Exterior Material	Wood Siding
Construction Type	Frame
Roof Material	Composition Shingle
Lot Area	24,049 sqft (0.552 acres)
Lot Dimensions	194 ft deep x 125 ft wide
Garage Type	Attached
Garage Area	529 sqft
Parking Spaces	1 Parking Space
Porch	Open Porch
Porch Area	12 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Forced Air with A/C
Water Source	Commercial

Location & Zoning

Street Address	547 MEADOWOOD DR
City	LAKE FOREST
State	IL
Zip	60045-1546
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	MEADOWOOD UNIT NO 2 LOT 9
Legal Subdivision	MEADOWOOD UNIT NO 2
Legal Lot Number	9
Legal Unit	2
Jurisdiction	LAKE IL
Township / Civil Division	SHIELDS
Census Block Group	3
Census Block	3023
Census Tract	863500

Owner

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	Company Name on Record
Mailing Address	547 MEADOWOOD DR, LAKE FOREST, IL 60045-1546
Occupancy	Owner Occupied
Owner Type	Company
Vesting	Trust

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 10, 2020 · Amount on Record
Deed Sale	Sep 10, 2020 · Amount on Record
Prior Sale	Sep 17, 2007 · Amount on Record
Deed Document Number	20207693224
Record Updated	Oct 29, 2026

September 2020: Deed, Transfer

Document Type	Deed
Jurisdiction	LAKE IL
Recording Date	Sep 10, 2020
Property Address	547 MEADOWOOD DR, LAKE FOREST, IL 60045-1546
Document Number	0007693224
Map Reference	MB 37 PG 71
Instrument Date	Aug 28, 2020
Instrument	7693224
Transaction Type	Transfer
Record Updated	Sep 14, 2021
Title Company	CHICAGO TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$695.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	547 MEADOWOOD DR, 547, LAKE FOREST, IL 60045-1546

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	547 MEADOWOOD DR, LAKE FOREST, IL 60045-1546

Mortgage

Document Number	0007693225
Date	Sep 10, 2020
Instrument	7693225

Lender

Name	STEARNS LENDING LLC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Sep 1, 2050

Interest

Rate	2.62%

Tax Assessment & Valuation

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

Property Jurisdictions

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)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$296,637 (+25.82%) Land $142,246 Building $154,391	$890,000 (+25.82%) Land $426,781 Building $463,219
2024	$16,352.00 (+18.98%)
2023	$13,743.00 (+2.87%)	$235,766 (+0.92%) Land $106,345 Building $129,421	$707,369 (+0.92%) Land $319,067 Building $388,302
2022	$13,359.00	$233,617 Land $105,376 Building $128,241	$700,921 Land $316,160 Building $384,761

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 Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 12 policies
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	12 in force
Nearby Flood Claims	7 (1979–2007)
Claims Outside the SFHA	4 of 7
Most Recent Claim	Aug 2007 · rainfall accumulation

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 Risk	Low lower than 80% of the US · above 71% of Illinois
Wildfire Likelihood	0.02% annual chance
Exposure	Direct burnable vegetation

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 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

Violations Reported to EPA

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.

Internet Providers

Source: FCC Broadband Data Collection, based on 185 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

May also be available: AT&T.

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