$1,695,000

550 S Green Bay Road, Lake Forest, IL 60045

Active
5 beds 3.5 baths 6,108 sqft (assessor) Built 1964 Residential MLS #MRD12741024 2 days on market
Listing courtesy of Compass · 847-416-0446 · MLS #MRD12741024 · Status: Active
Architecturally significant and beautifully preserved, this exceptional Roy Binkley-designed Mid-Century Modern residence is set on 1.3 private, wooded acres, offering a rare blend of design pedigree, modern updates, and flexible living spaces. Defined by soaring ceilings, dramatic walls of glass, and Binkley's signature integration of architecture and nature, the home is rich in texture, form, and function. Thoughtfully designed for primarily one-level living, the residence includes a fully integrated private suite with its own entrance, kitchenette, office, and sitting room-ideal for guests, multigenerational living, an au pair, or a private work-from-home retreat. Expansive windows frame breathtaking views of the surrounding landscape from nearly every room, creating the sensation of living among the treetops. The walk-out lower level offers additional living and recreation space, perfect for a fitness studio, media room, or teen retreat, all with serene views of the property. Significant improvements include a new roof and skylights (2025), along with beautifully expanded primary and second-floor baths. Freshly painted inside and out, this meticulously maintained home is truly move-in ready. A rare opportunity to own a timeless architectural gem where every angle reveals a new perspective and every room celebrates the beauty of its natural surroundings. Adjacent to Waveland Park.
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Property details

Interior

Fireplaces
1
Basement
Partially Finished, Partial, Walk-Out Access
Additional rooms
Bedroom 5, Office, Library, Recreation Room, Deck
Total rooms
12

Building & exterior

Style
Mid-Century Modern
Age
61-70 Years
Exterior
Cedar
Roof
Shake
Foundation
Concrete Perimeter

Parking

Garage spaces
2
Total spaces
2
Parking details
Gravel, Yes, Garage Owned, Attached, Garage

Lot & location

Lot dimensions
180x333
Township
West Deerfield
County
Lake

Utilities

Heating
Natural Gas, Forced Air
Cooling
Central Air
Water
Lake Michigan, Public
Sewer
Public Sewer, Storm Sewer
Electricity
200+ Amp Service

HOA & community

Assessment includes
None

Schools

Elementary
Cherokee Elementary School (67)
Junior high
(67)
High school
Lake Forest High School (115)

Taxes & terms

Annual taxes
$27,532 (2025)
Parcel number (PIN)
16043020100000
PIN
16043020100000
Ownership
Fee Simple
Possession
Closing
Special conditions
List Broker Must Accompany
Listed
8/24/2026

Rooms

RoomSizeLevelFlooring
Bedroom 511X11Second
Office16X12Main
Library17X16Main
Recreation Room32X17Walkout Basement
Deck26X10Main
Bedroom 216X13Main
Bedroom 313X12Second
Bedroom 412X11Second
Dining Room17X12Main
Family Room24X18Main
Kitchen13X10Main
Laundry12X8Main
Living Room29X21MainHardwood
Master Bedroom24X18Main

What would this home cost per month?

Using this listing's actual tax bill (2025) — 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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Want to see this home?

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