506 Walnut Road
Description
![Brad Andersen]()
Brad Andersen
Listing Agent
Griffith, Grant & Lackie
Recent comparable sales
Median sold price
$1,550,000
Avg days on market
26
Sale-to-list ratio
95.2%
Lake Forest, IL
9 comparable properties found
$1,550,000
Sold 05/02/25
- 6
- Bedrooms
- 5
- Bathrooms
- 4,000
- Square Feet
- 0.6
- Acres
$1,175,000
Sold 01/30/25
- 6
- Bedrooms
- 5
- Bathrooms
- 3,711
- Square Feet
- 0.3
- Acres
$1,280,000
Sold 03/16/26
- 6
- Bedrooms
- 4
- Bathrooms
- 3,446
- Square Feet
- 0.25
- Acres
$1,449,000
Sold 06/16/25
- 6
- Bedrooms
- 5
- Bathrooms
- 5,455
- Square Feet
- 0.54
- Acres
$1,350,000
Sold 09/22/26
- 6
- Bedrooms
- 5
- Bathrooms
- 3,676
- Square Feet
- 1.16
- Acres
$1,600,000
Sold 08/21/26
- 5
- Bedrooms
- 5
- Bathrooms
- 2,854
- Square Feet
- 0.21
- Acres
$1,699,000
Sold 03/14/25
- 5
- Bedrooms
- 5
- Bathrooms
- 5,200
- Square Feet
- 0.3
- Acres
$2,475,000
Sold 04/20/26
- 6
- Bedrooms
- 5
- Bathrooms
- 4,036
- Square Feet
- 0.35
- Acres
$1,650,000
Sold 05/04/26
- 5
- Bedrooms
- 5
- Bathrooms
- 5,032
- Square Feet
- 0.92
- Acres
Location
$10,125 per month
30 year fixed, 7.03% Interest
$8,275
$1,850
$0
1Property Information for 506 Walnut Road
Property Details
- Taxes: $22,198 / year
- MLS Type: Detached Single / 2 Stories
- County: Lake County
- Area: Lake Forest
- Township: SHIELDS
- Ownership: Fee Simple
- Num Of Garage Spaces: 2.0
- Num Of Cars: 2.0
- Air Conditioning Type: Space Pac, Zoned
- Num of Interior Fireplaces: 3
- Heat/Fuel: Natural Gas, Hot Water/Steam, Radiator(s)
- Architectural Style: Traditional
Building Information
- Year Built: 1925
- Lot Size: 0.90 AC / 39,204 SF
General Information
- Elementary School District: 67
- Elementary School: SHERIDAN ELEMENTARY SCHOOL
- Jr High Middle School: DEER PATH MIDDLE SCHOOL
- High School District: 115
- High School: LAKE FOREST HIGH SCHOOL
- Middle Or Junior School District: 67
- Garage Type: Attached
- Parking: Garage
- Parking On Site: true
- Association Fee Frequency: Not Applicable
- Association Fee Includes: None
- Additional Parcels: No
Property Information
- Interior Property Features: Bar-Wet
- Num Of Rooms: 11
- Bedrooms Total: 6
- Bedrooms (Below Grade): 0
- Community Features: Sidewalks, Street Paved
- Attic: Unfinished
- Fireplace Features: Wood Burning
- Basement Type: Full
- Bedrooms Possible: 6
- Air Conditioning: Space Pac, Zoned
- Electric: Circuit Breakers, 200+ Amp Service
- Basement Description: Unfinished
- Dining Room: Separate
- Basement Bathrooms: Yes
- Fireplace Location: Living Room,Other
- Room Type: Bedroom 5, Bedroom 6, Breakfast Room, Sun Room
- Num of Baths: 3.3
- Type: 2 Stories
- Sewer: Sewer-Public
- Water: Lake Michigan, Public
- Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer
- Exterior Property Features: Patio
- New Construction YN: No
- Rehabilitated: No
- Built Before 1978: Yes
- Age: 51-100 Years
- Type Detached: 2 Stories
- Lot Description: Wooded
- Lot Size: .50-.99 Acre
- Lot Dimensions: 184X286X51X283
- Waterfront: No
- Disability Access and/or Equipped: No
- Driveway: Asphalt
- Exterior Building Type: Stucco
- Roof Type: Asphalt
- Foundation Details: Concrete Perimeter
- General Information: School Bus Service,Commuter Train
- North Coordinate: 26
- South Coordinate: 0
- East Coordinate: 0
- West Coordinate: 10
- Living Area Source: Not Reported
- Buyer Financing: Conventional
- Photos Count: 1
- Virtual Tour: None
- Virtual Tour YN: No
Room Information
- Master Bedroom Level: Second
- Room Type: Master Bedroom
- Master Bedroom Bath: Full
- Master Bedroom Flooring: Hardwood
- Master Bedroom Window Treatments: All
- Master Bedroom Dimensions: 15X19
- 2nd Bedroom Level: Second
- Room Type: Bedroom 2
- 2nd Bedroom Flooring: Hardwood
- 2nd Bedroom Window Treatments: All
- Bedroom #2 Room Dimensions: 16X20
- 3rd Bedroom Level: Second
- Room Type: Bedroom 3
- 3rd Bedroom Flooring: Hardwood
- 3rd Bedroom Window Treatments: All
- Bedroom #3 Room Dimensions: 12X15
- 4th Bedroom Level: Second
- Room Type: Bedroom 4
- 4th Bedroom Flooring: Hardwood
- 4th Bedroom Window Treatments: All
- Bedroom #4 Room Dimensions: 14X20
- 5th Bedroom Level: Second
- Room Type: Bedroom 5
- Bedroom #5 Room Dimensions: 10X12
- 6th Bedroom Level: Second
- Room Type: Bedroom 6
- Bedroom #6 Room Dimensions: 09X09
- Dining Room Level: Main
- RoomType_DR: Dining Room
- Dining Room Flooring: Hardwood
- Dining Room Window Treatments: None
- Dining Room Dimensions: 15X16
- Kitchen Level: Main
- RoomType_KT: Kitchen
- Kitchen Type: Eating Area-Breakfast Bar,Island
- Kitchen Flooring: Vinyl
- Kitchen Window Treatments: None
- Kitchen Dimensions: 18X22
- Living Room Level: Main
- Room Type: Living Room
- Living Room Flooring: Hardwood
- Living Room Window Treatments: All
- Living Room Dimensions: 18X25
- Addtl Room 1 Flooring: Carpet
- Addtl Room 1 Window Treatments: All
- Addtl Room 2 Flooring: Carpet
- Addtl Room 2 Window Treatments: All
- Addtl Room 3 Flooring: Hardwood
- Addtl Room 3 Window Treatments: All
- Addtl Room 4 Flooring: Hardwood
- Addtl Room 4 Window Treatments: All
- Room Level: Main
- Room Type: Breakfast Room
- Dimensions: 10X11
- Room Level: Main
- Room Type: Sun Room
- Dimensions: 12X20
Property History for 506 Walnut Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Aug 19, 2009 | Sold (Public Record) Public Record #275332283 | $1,550,000 | — |
| Aug 19, 2009 | Sold MRED #07224886 | $1,550,000 | — |
| Jun 8, 2009 | Pending MRED #07224886 | — | |
| May 25, 2009 | Listed (Active) MRED #07224886 | $1,895,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 08/19/2009 | Sold (Public Record) Public Record #275332283 | $1,550,000 |
| 08/19/2009 | Sold MRED #07224886 | $1,550,000 |
| 06/08/2009 | Pending MRED #07224886 | — |
| 05/25/2009 | Listed (Active) MRED #07224886 | $1,895,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 506 Walnut Road
Taxable Value
Land
$264,151Additions
$331,105Tax Record
2025
$33,819 ($2,818 / month)Home Facts
Beds
0Baths
3.5Total Finished SqFt
3,343 SqFtAbove Grade Finished SqFt
3,343 SqFtStories
2Lot Size
39,261 SqFtStyle
Single Family ResidenceYear Built
1925County
LAKEAPN
12-33-201-003Fireplace Type
Has FireplaceSchools near 506 Walnut Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 4 | |||
| Public - | 5 to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Sheridan Elementary School PublicPK to 4 | ||
Deer Path Middle School East Public5 to 6 | ||
Deer Path Middle School West Public7 to 8 | ||
Lake Forest High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Neighborhood Map and Transit
Similar Homes
New listings in 60045
$1,895,000
- 2
- Bedrooms
- 3
- Bathrooms
- 2,685
- Square Feet
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 506 Walnut Road, Lake Forest, IL 60045 | $1,550,000 | 6 | 6 | – | 39,204 |
$4,750,000 | 5 | 8 | 5,576 | 35,836 | |
$3,120,000 | 6 | 8 | 9,200 | 60,983 | |
$867,000 | 1 | 4 | 4,600 | 32,234 | |
$867,000 | – | 6 | 7,464 | 32,335 | |
$1,675,000 | – | 4 | 3,290 | 44,431 | |
$2,400,000 | 5 | 8 | 5,964 | – | |
– | – | – | – | 40,467 | |
– | – | 5 | 4,939 | 57,312 | |
$2,500,000 | 4 | 6 | 5,000 | 33,541 | |
– | – | 4.5 | 3,052 | 22,198 | |
$1,050,000 | 4 | 4 | 4,153 | 24,393 | |
– | – | 7 | 7,067 | 45,302 | |
$1,750,000 | 5 | 6 | 5,158 | 24,415 | |
$1,630,000 | 5 | 4 | 3,071 | 13,050 | |
$1,630,000 | – | 4 | 2,921 | 13,051 |
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Griffith, Grant & Lackie
Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/04/2021 05:59 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
