Closed
$650,000
789 N McKinley Rd, Lake Forest, IL 60045
3beds
--sqft
Multi Family
Built in 1910
-- sqft lot
$634,600 Zestimate®
$--/sqft
$2,666 Estimated rent
Home value
$634,600
$603,000 - $666,000
$2,666/mo
Zestimate® history
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What's special
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.
Zillow last checked: 8 hours ago
Listing updated: September 30, 2025 at 12:25pm
Listing courtesy of:
Flor Hasselbring 847-250-6391,
Compass,
Tracy Hasselbring 312-259-8866,
Compass
Bought with:
Donald Glyman
Tri-County Comm'l R.E., Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12370830
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 4
Bathroom
- Features: Soaking Tub
Heating
- Natural Gas
Appliances
- Included: Gas Water Heater
Features
- Basement: Unfinished,Exterior Entry,Storage Space,Full,Walk-Out Access
Property
Lot
- Size: 4,600 sqft
- Dimensions: 40 X 115
Details
- Parcel number: 12331080020000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Brick/Mortar
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Community
- Community features: Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Lake Forest
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2025 | Sold | $650,000-3.7% |
Source: | ||
| 9/19/2025 | Pending sale | $674,900 |
Source: | ||
| 8/13/2025 | Contingent | $674,900 |
Source: | ||
| 7/21/2025 | Price change | $674,900-6.9% |
Source: | ||
| 6/21/2025 | Listed for sale | $725,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $10,632 +24.7% | $183,264 +8.5% |
| 2022 | $8,527 +4.1% | $168,938 +21.1% |
| 2021 | $8,190 +2.3% | $139,498 +0.3% |
Find assessor info on the county website
Neighborhood: 60045
Nearby schools
GreatSchools rating
- 8/10Deer Path Middle School EastGrades: 5-6Distance: 0.7 mi
- 9/10Deer Path Middle School WestGrades: 7-8Distance: 0.7 mi
- 10/10Lake Forest High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Sheridan Elementary School
- Middle: Deer Path Middle School
- High: Lake Forest High School
- District: 67
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value$634,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$634,600