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1 Acre of Residential Land for Sale in Lake Forest, Illinois

1241 Ashlawn Dr, Lake Forest, IL 60045

$475,000
1 acre
pending
Under contract

The last remaining vacant parcel in this historic subdivision is now available for purchase. The neighborhood is anchored by the exquisite historical home "Rookwoods," designed by noted architectural firm Pond & Pond at the end of the 19th century. The exclusive, 10 lot Meadowood Park Subdivision is conveniently located in central Lake Forest with easy access to every amenity available in Lake Forest. This vacant parcel is approximately 1.1 acres and suited for the construction of a home in approx. 4,500 square feet. The southern border of the lot is protected and enhanced with a conservation easement. An aerated pond is located on the front of the lot and will provide tranquil views for the next owner to enjoy. Additionally, there is close and convenient access to Lake Forest Open Lands's Mellody and Middlefork Farm Nature Preserves. Enjoy sweeping views of the rare, 100+ acre tallgrass savanna that is being preserved for the benefit of generations to come while taking advantage of the 4-mile trail and greenway. The Everett Elementary School is very highly rated and the favorite of many families in the community. Lake Forest High School has a nationally-known reputation for academic excellence! Many relocating families are drawn to Lake Forest because of this and the incredible offerings of extra-curricular activities which include a spectacular athletic department and emphasis on community service and involvement.

Location

Street address
1241 Ashlawn Dr
Community
Meadowood
School district
115
Elevation
669 feet

Directions

North of Deerpath Road to Ashlawn Drive, then West to address on South side of street.

Property details

Acreage
1.07 acres
Zoning
SINGL
MLS #
MRED 12403824
Posted

Property taxes

2023
$8,048

Parcels

  • 12311030110000

Details and features

Listing

Type
Land

Lot

Waterfront
Waterfront

Nearby schools

NameLevelDistrictDescription
Everett Elementary SchoolElementary115
Deer Path Middle SchoolMiddle115
Lake Forest High SchoolHigh115

Listing history

DateEventPriceChangeSource
July 25, 2025Under contract$475,000MRED
July 14, 2025New listing$475,000MRED
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This 1.07-acre property is located at 1241 Ashlawn Dr in Lake Forest, IL 60045. The property is pending sale.

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