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Residential Land with Home for Sale in Lake Forest, Illinois

1352 S Estate Ln, Lake Forest, IL 60045

$3,999,000
7.5 acres
pending
Under contract

Own an exceptional piece of Chicago history. Once the centerpiece of a 480 acre estate known as Mill Road Farm, this magnificent home was built in 1926 for Albert D. Lasker, the father of American advertising, and designed by the renown Chicago architect, David Adler. This 17th c., French Renaissance Revival manor house contains 25,000 SF and is set on 7.52 acres of land located on the west side of Lake Forest. The interior of the home offers old world craftsmanship, rare finishes of an exceptional high quality such as the parquet de Versailles flooring plus antique paneling, and are all original except for modern amenities necessary for modern living. The home features 52 rooms, 11 full bathrooms, 4 half bathrooms, 13 fireplaces and an independent five car garage. Main level offers a second Primary Suite. there are at least 11 bedrooms, but we did not list them all.

25,000
Sq feet
9
Beds
11
Full baths
4
1/2 baths
1920
Built

Location

Street address
1352 S Estate Ln
Community
Lasker Estates
School district
115
Elevation
702 feet
Coordinates
42.2156, -87.8879

Directions

Waukegan Rd North of Half Day(22) to West on Old Mill to North on to Estate Lane. Everett Road West of Waukegan South on Estate lane .

Property details

Acreage
7.5 acres
MLS #
MRED 12131769
Posted

Property taxes

2023
$50,335

Parcels

  • 15124000060000

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking Spaces
5

Structure

Stories
3
Heating
Fireplace(s), Steam
Roof
Tile

Interior

Room Count
16
Rooms
Bathroom x 5, Bedroom x 4, Dining Room, Family Room, Kitchen, Laundry, Library, Living Room, Loft, Master Bedroom, Office
Flooring
Hardwood
Features
1 st Floor Bedroom, 1 st Floor Full Bath, Bookcases, Built-In Features, Historic/Period Millwork, In-Law Floorplan, Walk-In Closet(s)

Nearby schools

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

Listing history

DateEventPriceChangeSource
Dec 8, 2025Under contract$3,999,000MRED
Dec 2, 2025Back on market$3,999,000MRED
Nov 7, 2025Under contract$3,999,000MRED
Aug 4, 2025Back on market$3,999,000MRED
May 17, 2025Under contract$3,999,000MRED
Dec 20, 2024Price drop$3,999,000$501,000 -11.1%MRED
Sept 9, 2024New listing$4,500,000MRED
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This 7.5-acre property is located at 1352 S Estate Ln in Lake Forest, IL 60045. The property is pending sale. It has a 25,000 sq ft 9 bedroom, 11 bath house built in 1920.

Checked 25 mins ago — Updated

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