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7700 W. Belmont Ave
Chicago , IL 60634
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24301 Forest Drive
Lake Zurich, IL 60047
Lake, US
$450,000.00 listing calculator
Status: Contingent (For Sale)
Type: Residential
Size: 1,800 Sq. Ft.
Bedrooms: 3
Bathrooms: 3
MLS ID: 12600327


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Overview
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Exceptional opportunity to own direct lakefront property on Forrest Lake in Lake Zurich offering flexibility for renovation, new construction, or development potential. Situated on two combined lots totalling approximately 0.341 acres, this 3-bedroom, 3-bath ranch home with walkout basement presents expansive water views and the rare advantage of a dual-lot configuration on a private lake setting. Positioned on the north end of Forrest Lake, the property benefits from southern sun exposure throughout the day, enhancing natural light and maximising enjoyment of the waterfront setting. Located on the wider open portion of the lake, the property captures both sunrise and sunset views, creating a peaceful lakefront environment ideal for year-round living or a private retreat. The property includes direct lake frontage with private pier, providing convenient access to the water for a variety of recreational activities. Forrest Lake is a no-wake lake allowing idle-only boating, supporting a quiet atmosphere ideal for kayaking, paddleboarding, fishing, and relaxing along the shoreline. The existing single-family ranch home features a walkout basement and detached 2.5-car garage, offering a functional starting point for those looking to update, expand, or re imagine the property. The presence of two legal lots creates a unique opportunity that is difficult to replicate within established lakefront communities. Buyers may consider renovating the current home, building a custom lakefront residence, or exploring development possibilities that take advantage of the lot configuration and desirable location. Lakefront land opportunities with this level of flexibility are limited. Conveniently located less than five minutes from downtown Lake Zurich and near the shopping, dining, and amenities of nearby Kildeer, the property offers both privacy and accessibility. This location allows residents to enjoy the benefits of lake living while remaining close to everyday conveniences.Whether seeking a custom lakefront estate, private waterfront retreat, or investment opportunity, this Forrest Lake property presents significant potential in a desirable Lake Zurich location.

Courtesy Of: Baird & Warner


Feature Highlights


  • Built Before 1978

General Features


List Date:
05/01/2026

Interior Features


Living Area Source:
Estimated
Bedrooms Possible:
3
Bathrooms Full:
2
Rooms Total:
7

Exterior Features and Amenities


Lot Size Dimensions:
100x170
Parking Total:
6

Financial


Association Fee:
$150.00
Purchase Contract Date:
2026-05-05
Days On Market:
5
Tax Annual Amount:
$7,295.00
Tax Year:
2024

Other Features


Elementary School District:
95
High School District:
95
Middle Or Junior School District:
95
Age:
31-40 Years


Directions


Rand Rd north to Quentin rd north, Right turn on N Old McHenery rd, to N Forest Dr to home.

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- Available - Unavailable

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2026-05-15
.

Copyright 2026 MRED LLC

The information presented here is deemed reliable, though not guaranteed.
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