Lake County, Illinois
Lake Forest Real Estate and Local Guide
Lake Forest is an affluent North Shore suburb on Lake Michigan known for its architecture, wooded estates, and historic planned layout. It is home to Lake Forest College and the Chicago Bears headquarters at Halas Hall. Ranked Realty pairs verified local data with the agents who know Lake Forest best.
About the area
Living in Lake Forest, IL
Market Square, completed in 1916, is widely regarded as the first planned shopping center in the United States and is listed on the National Register of Historic Places.
The housing market
Homes in Lake Forest
- About 89.3% of occupied housing units are owner-occupied.
- Roughly 76.4% of housing units are single-family homes.
- The median home value is about $909,800.
Landmarks and lifestyle
What makes Lake Forest home
Market Square
Downtown commercial center completed in 1916 and often cited as the first planned shopping center in the United States
Lake Forest College
Private liberal arts college founded in the 19th century
Ragdale
1897 arts-and-crafts estate of architect Howard Van Doren Shaw, now an artists' residency
Forest Park Beach
City beach on the Lake Michigan bluff coast, with breakwaters installed in 1986 to limit erosion
Lake Forest Open Lands preserves
Six nature preserves with about 12 miles of walking trails across wetland, prairie, and woodland
For agents
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Local facts on this page are verified against public sources as part of the AppWT local-data project. Data reflects the most recent available figures.