550 S Green Bay Road
Lake Forest, IL, 60045
$1,695,000
5 Beds
4 Baths
6,108 SqFt
1.35 Acres
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MLS #MRD12741024 image #0
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.

Property Details

Price:
$1,695,000
MLS #:
MRD12741024
Status:
Active Under Contract
Beds:
5
Baths:
4
Type:
Single Family
Neighborhood:
lakeforest
Listed Date:
Aug 24, 2026
Finished Sq Ft:
6,108
Year Built:
1964
Mid-century ModernLake ForestLakeforestCherokee Elementary SchoolLake Forest High School

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Schools

School District:
115
Elementary School:
Cherokee Elementary School
High School:
Lake Forest High School

Interior

Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Fireplaces Total
1
Heating
Natural Gas, Forced Air

Exterior

Architectural Style
Mid-Century Modern
Construction Materials
Cedar
Garage Spaces
2
Parking Features
Gravel, Yes, Garage Owned, Attached, Garage
Parking Spots
2
Parking Total
2
Roof
Shake

Financial

HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2025
Taxes
$27,532

Map

Community

Market Summary

Current real estate data for Single Family in Lake Forest as of Oct 08, 2026
75
Single Family Listed
70
Avg DOM
477
Avg $ / SqFt
$2,712,989
Avg List Price

Property Summary

    550 S Green Bay Road Lake Forest IL is a Single Family for sale in Lake Forest, IL, 60045. It is listed for $1,695,000 and features 5 beds, 4 baths, and has approximately 6,108 square feet of living space, and was originally constructed in 1964. The current price per square foot is $278. The average price per square foot for Single Family listings in Lake Forest is $477. The average listing price for Single Family in Lake Forest is $2,712,989.

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