What Can You Buy In Lake Forest For Under $1 Million?

LAKE FOREST, IL — Houses in Lake Forest are some of the most valuable in the state. Its multi-million-dollar mansions, historic estates and lavish new construction home, combined with well-funded schools and public services, make its ZIP code the sixth most expensive in the state. To check in on what might be considered "average" in the local real estate market for the summer of 2018, we've selected recently listed homes with asking prices around the median home value, according to U.S. Census data.

Each of the following four homes were just listed for prices between $800,000 and $900,000. That's within the price range of the $835,000 median home value in Lake Forest, although average sale prices in the area have been on the decline over the past few years. According to 2016 Census data, more than 86 percent of Lake Forest residents own their own home and more than 55 percent live in homes worth $750,000 or more.

Most of the listed houses have four bedrooms, although the most expensive one, a 1955-built west Lake Forest ranch, only has three. The sizes of their lots range between about a half and one and a half acres. Two of the homes have upcoming open houses scheduled. Each of the listings was posted publicly since June 10.

Presented in ascending order of asking price. Click on any photo for more images.

1078 S Estate Lane: $839,000

• Square Feet: 2,989
• Bedrooms: 4
• Bathrooms: 3 baths
• Lot Size: 0.68 acres
• Built: 1954
• Listed: June 11
• Open House: June 17
• Features: Nestled in quiet Lasker Estates on a landscaped lot, many blossoming trees and flowering shrubs frame this 4 bedroom, 3 bath limestone and brick ranch. Diagonally-situated to capture the best views, home sits on a raised knoll, ideal for dispersing rain water. Chevron brick paver walks and driveway. Floor-to-ceiling windows and airy vaulted ceilings. Hardwood floors invite you from one space to another. Exposed beams in living room with fireplace and limestone chimney. Massive great room combines chef's kitchen overlooking dining and living areas around a large hearth ideal for entertaining. Bright baths with heated floors, stone and granite. Master has spectacular walk in shower. 4th bedroom has independent access, ideal for live-in help, au pair, and office. Ample space in the basement with fireplace, large laundry room and storage. 2-car heated garage, screened gazebo with power and heating, and stunning outdoor lighting. Generous deck off great room, large brick patio with pergola.

This listing originally appeared on realtor.com. For more information and photos, click here.

1029 Timber Lane: $876,000

• Square Feet: 3,371
• Bedrooms: 4
• Bathrooms: 2 full, 1 half
• Lot Size: 0.52 acre
• Built: 1964
• Last sold: 2015
• Listed: June 10
• Features: Bright, spacious and beautifully updated colonial is in Whispering Oaks. Gourmet kitchen with large island, Sub Zero large side by side refrigerator/freezer, 2 large Thermador built-in ovens, 5 burner Thermador cook top, Bosch dishwasher, under counter wine refrigerator, large pantry closet, lady's desk, 3 sinks & wood floor, French door to the newly added stone patio. Adjacent to family room/ Great room with fireplace, cathedral ceilings , skylights, and French doors to the private yard. First floor office. Separate dining room with a bay window. The living room has a fireplace. Updated bathrooms and partially finished basement. Wooded and private yard.

This listing originally appeared on realtor.com. For more information and photos, click here.

1106 Winwood Drive: $895,000

• Square Feet: 5,893
• Bedrooms: 4
• Bathrooms: 5 full, 1 half
• Lot Size: 1.38 acre
• Built: 1961
• Listed: June 11
• Open House: June 24
• Features: Ideally situated on a tree-lined street on a private 1.38-acre lot, this stately home has the amenities buyers desire. Noteworthy curb appeal, an inviting open concept floor plan, graciously sized rooms that offer an ideal flow for easy living and entertaining, first floor master suite, first floor guest room, library/office, and large mud/laundry room. Captivating features include a formal living room with gorgeous fireplace, formal dining room, an expansive and well-appointed kitchen, open to breathtaking family room with soaring ceilings and views of patios and yard, plus delightful sunroom. The second floor features a loft area, and 2 large en suite bedrooms. Full basement has large finished rec room, exercise room, full bath and playroom plus incredible storage areas. Freshly painted, new roof, new lighting, new generator, sump pump, furnace, walk in pantry, walk in closets in bedrooms, 4.5-car garage. Close proximity to LF Open lands, bike paths, downtown LF, and LF schools

This listing originally appeared on realtor.com. For more information and photos, click here.

1122 South Estate Lane: $899,000

• Square Feet: 2,698
• Bedrooms: 3
• Bathrooms: 2 full, 2 half
• Lot Size: 1 acre
• Built: 1955
• Listed: June 11
• Features: Completely-remodeled 3 bedroom, 2 full, 2 half bath spacious ranch home with open floor plan is ideally situated on one acre of beautifully landscaped grounds with elegant patios and glorious perennial gardens. This home features high-end appliances, bathrooms with heated floors, vaulted ceilings, hardwood floors, and a finished lower level with wet bar. A great home offering beauty and value!

This listing originally appeared on realtor.com. For more information and photos, click here.