Listing provided courtesy of CompassMREDas Distributed by MLSGrid- MLS# 12645378MLS Provider

485 Oakwood Avenue #D-2Lake Forest, IL 60045

Condo/Townhouse · 2 Beds · 2 Full Baths · 2,088 Sq. ft.
$1,399,000 Price Change

485 Oakwood Avenue #D-2 Overview

Time on Site:
48 days
Visits:
3

Sunfilled, beautifully updated ('26) condo located in an intimate boutique building in the heart of Lake Forest. A gracious foyer welcomes you into a home filled with timeless style, modern updates, and luxurious finishes. The stunning living room features a gorgeous gas fireplace, elegant Philip Jeffries silk wall coverings, designer lighting, and oversized windows that fill the space with natural light. The adjoining dining room is perfect for entertaining, complete with a statement chandelier, custom built-in buffet with two beverage refrigerator and great storage. The bright, thoughtfully designed kitchen offers crisp white cabinetry, walnut butcher block and granite counters, and excellent storage and prep space. Just beyond, a newly finished library with custom built-ins and designer wall coverings provides a flexible space ideal for a home office, den, or third bedroom. The spacious primary suite is a peaceful retreat with custom closets and new, spa-inspired bath featuring a double vanity and zero-threshold walk-in shower with low-iron glass. A sun-filled guest bedroom with south and east exposures sits near a beautifully renovated second bath. Additional updates include designer lighting, refinished hardwood floors, custom built-ins and millwork, California Closets, Hartman & Forbes automated blinds, Sonos sound system, three OLED 4K TVs, reverse osmosis drinking water, and a remote-controlled fireplace. This move-in ready home also includes two heated garage spaces, guest parking, elevator access, and a secure intercom system - all in an exceptional Lake Forest location close to everything.

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485 Oakwood Avenue #D-2 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 2,088
  • Price/Sq.ft. $670

Details

General

Association/HOA

  • Association Amenities: Storage, Security Door Lock(s)
  • Association Fee: $988.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

School Information

  • School District: 115
  • Elementary School: Sheridan Elementary School
  • Middle Or Junior School: Deer Path Middle School
  • High School: Lake Forest High School

Building Information

  • New Construction: No
  • Year Built: 1987

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Lake Forest
  • Township: Shields

Tax Information

  • Tax Annual Amount: $15,449.00
  • Tax Year: 2024

General Information

  • Ownership: Condo
  • Parcel Number: 12331230320000
  • Pets Allowed: Number Limit, Size Limit
  • Property Type: Residential
  • Special Listing Conditions: List Broker Must Accompany

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Bedrooms Possible: 2

Building Interior

  • Fireplace Location: Living Room

General Information

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Humidifier
  • Basement: None
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Fireplace Features: Gas Log,Gas Starter
  • Fireplaces Total: 1
  • Flooring: Hardwood
  • Foundation Details: Concrete Perimeter
  • Heating: Natural Gas, Forced Air
  • Interior Features: Dry Bar, Elevator, Storage, Built-in Features
  • Laundry Features: Washer Hookup
  • Living Area: 2088
  • Living Area Source: Assessor
  • Other Equipment: Security System, Intercom, Fire Sprinklers, CO Detectors
  • Rooms Total: 6
  • Stories Total: 3

Unit Information

  • Unit Number: D-2

Exterior

Parking Information

  • Parking Features: Concrete, Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
  • Parking Total: 2

Lot Information

  • Additional Parcels: No
  • Lot Features: Common Grounds
  • Lot Size Dimensions: CONDO
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Sewer: Storm Sewer

Room Information

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 3

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

Room: Family Room

  • Level: N/A

Room: Bedroom 2

  • Level: Second
  • Dimensions: 15X13

Room: Den

  • Level: Second
  • Dimensions: 14X12

Room: Dining Room

  • Level: Second
  • Dimensions: 15X11

Room: Foyer

  • Level: Second
  • Dimensions: 7X10

Room: Kitchen

  • Level: Second
  • Dimensions: 17X12

Room: Laundry

  • Level: Second
  • Dimensions: 8X6

Room: Living Room

  • Level: Second
  • Dimensions: 23X15

Room: Master Bedroom

  • Level: Second
  • Dimensions: 19X15

485 Oakwood Avenue #D-2 Neighborhood

Community

60045 (Lake Forest) Demographics

47
Median Age
942
Population Density (per sq. mile)
84%
College Educated
$189,013
Estimated Median Income
6,815
Estimated Total Home Owners
998
Estimated Total Renters
87% / 13%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

485 Oakwood Avenue #D-2 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

485 Oakwood Avenue #D-2 Market Data

Based on the last 30 days in this zip code

$2,347,137
Average List Price
$481
Average Price per Square Foot
30
Properties Sold
71
Average Days on Market
79
Properties for Sale
Calculations provided by Reliance Network

485 Oakwood Avenue #D-2 History

Date Event Value Agent
6/26/2026Source: MRED Price Reduction
$1,399,000 -6.7%
6/26/2026Source: MRED Status Change
Price Change
5/17/2026Source: MRED Status Change
Active
5/12/2026Source: MRED Added to Database
May 12, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022