$1,399,000

485 Oakwood Avenue #D-2, Lake Forest, IL 60045

Active Under Contract
2 beds 2 baths 2,088 sqft (assessor) Built 1987 Residential MLS #MRD12720685 8 days on market
Listing courtesy of Compass · 847-416-0446 · MLS #MRD12720685 · Status: Active Under Contract
Sunfilled, beautifully updated ('26) condo located in an intimate boutique building in the heart of Lake Forest. A gracious foyer welcomes you into a home filled with timeless style, modern updates, and luxurious finishes. The stunning living room features a gorgeous gas fireplace, elegant Philip Jeffries silk wall coverings, designer lighting, and oversized windows that fill the space with natural light. The adjoining dining room is perfect for entertaining, complete with a statement chandelier, custom built-in buffet with two beverage refrigerator and great storage. The bright, thoughtfully designed kitchen offers crisp white cabinetry, walnut butcher block and granite counters, and excellent storage and prep space. Just beyond, a newly finished library with custom built-ins and designer wall coverings provides a flexible space ideal for a home office, den, or third bedroom. The spacious primary suite is a peaceful retreat with custom closets and new, spa-inspired bath featuring a double vanity and zero-threshold walk-in shower with low-iron glass. A sun-filled guest bedroom with south and east exposures sits near a beautifully renovated second bath. Additional updates include designer lighting, refinished hardwood floors, custom built-ins and millwork, California Closets, Hartman & Forbes automated blinds, Sonos sound system, three OLED 4K TVs, reverse osmosis drinking water, and a remote-controlled fireplace. This move-in ready home also includes two heated garage spaces, guest parking, elevator access, and a secure intercom system - all in an exceptional Lake Forest location close to everything.

Property details

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Humidifier
Interior features
Dry Bar, Elevator, Storage, Built-in Features
Flooring
Hardwood
Fireplaces
1
Fireplace details
Gas Log, Gas Starter
Basement
None
Laundry
Washer Hookup
Additional rooms
Den, Foyer
Total rooms
6

Building & exterior

Age
31-40 Years
Stories
3
Entry level
2
Exterior
Brick
Foundation
Concrete Perimeter
Exposure
North,South,East,West

Parking

Garage spaces
2
Total spaces
2
Parking details
Concrete, Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage

Lot & location

Lot dimensions
CONDO
Lot description
Common Grounds
Township
Shields
County
Lake

Utilities

Heating
Natural Gas, Forced Air
Cooling
Central Air
Water
Lake Michigan
Sewer
Storm Sewer
Electricity
Circuit Breakers
Equipment
Security System, Intercom, Fire Sprinklers, CO Detectors

HOA & community

Assessment
$988 / monthly
Assessment includes
Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Amenities
Storage, Security Door Lock(s)
Pets
Number Limit, Size Limit

Schools

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

Taxes & terms

Annual taxes
$17,261 (2025)
Parcel number (PIN)
12331230320000
PIN
12331230320000
Ownership
Condo
Possession
Closing
Special conditions
List Broker Must Accompany
Listed
7/31/2026

Rooms

RoomSizeLevelFlooring
Den14X12SecondHardwood
Foyer7X10SecondMarble
Bedroom 215X13SecondCarpet
Bedroom 3N/A
Bedroom 4N/A
Dining Room15X11SecondCarpet
Family RoomN/A
Kitchen17X12SecondMarble
Laundry8X6SecondMarble
Living Room23X15SecondCarpet
Master Bedroom19X15SecondCarpet

What would this home cost per month?

Using this listing's actual tax bill (2025) and actual HOA assessment — adjust anything.

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

Estimates only — not a loan offer or quote; your rate, insurance and PMI depend on your credit and lender. Run other scenarios on the full mortgage calculator, or ask us to connect you with lenders our clients actually close with.

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