789 Mckinley Road, Lake Forest, Illinois 60045
$650,000
Sold
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Status: | Closed |
Sqft: | 0 |
Cost/Sqft: | — |
Beds: | 3 |
Baths: | 0 |
Year Built: | 1910 |
Property Taxes: | $10,959 |
Days On Market: | 123 |
Lot Size: | 0,00 |
Description
Rare investment opportunity, own a 4-unit multifamily home in downtown Lake Forest at a great price! Fantastic location near Metra commuter rail and bike trails, Lake Forest Library, Market Square, and access to grocery and retail shops. Two units in front, one on the main level, feature hardwood floors and tall ceilings, a large foyer entry, a wood-burning fireplace with bay windows in the living room, a one-bedroom, one-bath unit, and a kitchen. The front second-level unit features a carpeted living space, a kitchen with an adjacent dining or sunroom, a decent-sized pantry closet, a single bedroom, and a full bathroom with a tub. There are two units at the back of the building. The first floor is a studio, accessible from the side of the building, that features hardwood floors, a kitchen, and a bath. The second-level unit, featuring hardwood floors, comprises a living space (or second bedroom), a kitchen, a bedroom, and a bath with a tub. The unfinished basement, featuring a common walk-out, includes a washer and dryer shared by all four units, as well as individual storage. This home is equipped with a newer water heater, boiler heat, individual electricity panels, and window air conditioning. No parking is included, but well-lit overnight parking can be purchased across the street in the city lot. The drive and alley are access-only. Sold "as-is", no warranties.
Property Specifics
Multi-unit | |
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1910 | |
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No | |
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Lake | |
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12370830 | |
12331080020000 |
Nearby Schools
NAME: | DISTRICT: | DISTANCE: | |
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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: |
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30 Sep, 2025 | Sold | $650,000 | MRED MLS |
13 Aug, 2025 | Under contract | $674,900 | MRED MLS |
— | Last price change | $725,000 | MRED MLS |
21 Jun, 2025 | Listed for sale | $725,000 | MRED MLS |

























Room Specifics
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 4
Bathroom Amenities: Soaking Tub
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
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40 X 115 | |
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Not in DB | |
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Tax History
Year | Property Taxes |
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2025 | $10,959 |
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Nearby Sold Comparables
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Listing Provided By
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