985 Spring Ln, Lake Forest, IL 60045 Property Records

Lake County property record for 985 Spring Ln, Lake Forest, IL 60045 · Last verified May 2026

Property Highlights

Property Type	Vacant Land > Residential
Lot Size	40,337 sqft (0.926 acres)
Last Sale	$1,000,000 (2020)
Tax Bill	$16,519.00 (2024)

Property Details

APN / Parcel Number

Primary APN	`12-34-103-016`

Interior

1st Floor	1,243 sqft 1st Floor
Upper Floors	825 sqft Upper Floors

Exterior

Lot Area	40,337 sqft (0.926 acres)
Porch	1 Porch
Porch Area	34 sqft Porch

Location & Zoning

Street Address	985 SPRING LN
City	LAKE FOREST
State	IL
Zip	60045-2302
Property Usage	Residential Property Usage
Type	Vacant Land > Residential
Legal Description	PALMERS RESUB LOT 1
Legal Subdivision	PALMERS RESUB
Legal Lot Number	1
Jurisdiction	LAKE IL
Minor Civil Division	SHIELDS
Census Blockgroup	2
Census Block	2003
Census Tract	863400

Owner

Source: Lake County records · APN 12-34-103-016

Assessment roll updated April 29, 2026 · Last verified May 2026

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

Owner of Record	Company Name on File
Mailing Address	1015 SPRING LN, LAKE FOREST, IL 60045-2315
Owner Type	Owner is a Company
Vesting	Owner is a Trust, Trust

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Known Transactions	Last Sale Amount on Jul 02, 2020 Deed Sale Price on Jul 02, 2020 Prior Sale Amount on Jul 31, 2013
Deed Doc Number	20207670313
Record Refreshed	Jun 08, 2026

July 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	LAKE IL
Recording Date	Jul 02, 2020
Property Address	985 SPRING LN, LAKE FOREST, IL 60045-2302
Document Number	0007670313
Instrument Date	Jun 22, 2020
Instrument	7670313
Transaction Type	Transfer
Record Updated	Jul 22, 2020
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE CO

Transaction

Amount	Amount Recorded
Tax	$1,500.00
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Trust
Address	10 S LA SALLE ST #2750 CHICAGO IL 606031108, 2750, CHICAGO, IL 60603-1108

Tax Assessment & Valuation

Source: Lake County records · Assessment roll updated April 29, 2026 · Last verified May 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

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.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025		$301,047 (+18.22%) Land $301,047	$903,231 (+18.22%) Land $903,231
2024	$16,519.00 (+11.68%)
2023	$14,792.00 (+2.86%)	$254,648 (+3.95%) Land $254,648	$764,020 (+3.95%) Land $764,020
2022	$14,381.00	$244,978 Land $244,978	$735,007 Land $735,007