63 Franklin Place, Lake Forest, Illinois 60045
$734,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 2,379 |
| Cost/Sqft: | $221 |
| Beds: | 3 |
| Baths: | 3 |
| Year Built: | 1962 |
| Property Taxes: | $11,803 |
| Days On Market: | 44 |
| Lot Size: | 0,44 |
Description
Set on an exceptional .443-acre parcel in the very heart of downtown Lake Forest, this rare offering presents an extraordinary opportunity to build new amid some of the area's most distinguished multi-million-dollar residences. Mere steps from acclaimed restaurants, charming boutiques, parks, and everyday conveniences-and just moments to Lake Forest High School and the lakefront-this location delivers the ultimate blend of lifestyle, walkability, and long-term value. The existing residence requires substantial renovation and is best suited for redevelopment, allowing a discerning buyer or builder to fully reimagine the site and create a custom home that reflects today's luxury standards while harmonizing with the surrounding estate-caliber properties. With nearly half an acre of prime, level land in one of Lake Forest's most coveted neighborhoods, this is a truly rare chance to secure an irreplaceable homesite where the value is unequivocally in the land and the possibilities are as compelling as the address itself.
Property Specifics
| Single Family | |
| — | |
| — | |
| 1962 | |
| — | |
| — | |
| No | |
| 0.44 |
| Lake | |
| — | |
| — / Not Applicable | |
| — | |
| — | |
| — | |
| 12552794 | |
| 12283010110000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Sheridan Elementary School |
67 | — | |
|
Middle School
Deer Path Middle School |
67 | Not in DB | |
|
High School
Lake Forest High School |
115 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 23 Feb, 2026 | Sold | $734,000 | MRED MLS |
| 27 Jan, 2026 | Under contract | $525,000 | MRED MLS |
| 23 Jan, 2026 | Listed for sale | $525,000 | MRED MLS |
Room Specifics
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| 4 | |
| — | |
| — | |
| — | |
| — | |
| 120X160X118X175 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2026 | $11,803 |
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Listing Provided By
@properties Christie's International Real Estate
