63 Franklin Place, Lake Forest, IL 60045

Closed

3 beds 2.5 baths 2,379 sqft (plans) Built 1962 Residential MLS #MRD12552794 5 days on market

Listing courtesy of @properties Christie's International Real Estate · 847-832-0002 · MLS #MRD12552794 · Status: Closed

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 details

Interior

Interior features: Vaulted Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath
Flooring: Hardwood
Fireplaces: 1
Fireplace details: Wood Burning
Basement: Unfinished, Full
Additional rooms: Foyer, Screened Porch, Sun Room
Total rooms: 7

Building & exterior

Style: Ranch
Age: 61-70 Years
Exterior: Cedar
Roof: Asphalt
Patio & porch: Deck

Parking

Garage spaces: 4
Total spaces: 4
Parking details: Tandem, Yes, Garage Owned, Attached, Garage

Lot & location

Lot dimensions: 120X160X118X175
Township: Shields
County: Lake

Utilities

Heating: Natural Gas, Forced Air
Cooling: Central Air
Water: Public
Sewer: Public Sewer
Equipment: Sump Pump

HOA & community

Assessment includes: None

Schools

Elementary: Sheridan Elementary School (67)
Junior high: Deer Path Middle School (67)
High school: Lake Forest High School (115)

Taxes & terms

Annual taxes: $11,802 (2024)
Parcel number (PIN): 12283010110000
PIN: 12283010110000
Ownership: Fee Simple
Possession: Closing
Special conditions: None
Listed: 1/23/2026
Sold: 2/23/2026
Sold price: $734,000

Want to see this home?

The Dawn Simmons Team (RE/MAX Suburban) can show you any listed property and give you a straight answer on what it's really worth. Call/text Josh at (224) 628-4013.

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Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

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