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550 S Green Bay Road Lake Forest, IL 60045 Residential - Single Family Contingent

  • 550 S Green Bay Road, Lake Forest, IL 60045 Main Photo

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Description

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 Highlights

Property Type: Residential - Single Family
Total Living Area SF: 6,108
Lot Size: 1.35 acres
Walkout Basement
Garage Size: 2
Attached Garage
Built in 1964
Elementary School: Cherokee Elementary School
High School: Lake Forest High School
One Fireplace

General Information

Bedrooms: 5
Bathrooms: 4
Sqft: 6,108
County: Lake
High School: Lake Forest High School
Listed By:
Compass 847-416-0446
MRED MLS

Room Information

Bedroom 5: 11X11
Office: 16X12
Library: 17X16
Recreation Room: 32X17
Deck: 26X10
Bedroom 2: 16X13
Bedroom 3: 13X12
Bedroom 4: 12X11
Dining Room: 17X12
Family Room: 24X18
Kitchen: 13X10
Laundry: 12X8
Living Room: 29X21
Primary Bedroom: 24X18
$1,695,000
Est. $11,424/mo
5beds
4baths
6,108sqft
2cars
Contingent
BEDS5 BATHS3 full 1 partial SQUARE FEET6,108 MLS#12741024
STATUSContingent PROPERTY TYPEResidential - Single Family SCHOOLDistrict 115

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550 S Green Bay Road, Lake Forest, IL 60045.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,695,000$1,695,000$1,695,000
Down Payment $59,325$0$339,000
Monthly Mortgage Amount $10,383$10,944$8,571
Taxes $2359$2359$2359
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,017$0$0
Monthly Estimated Total $14,253$13,797$11,424

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