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Detached Single · Lake Forest, IL
$799,000
2 beds · 2 baths · 1,245 sqft
331 Granby Road, Lake Forest, IL, 60045
A brick-and-mortar place to make your own — room to make it home.
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What’s special

In-unit laundry
Transformed Storybook Cottage One Block From Downtown Lake Forest. Just moments from the train, shopping, dining, and the beach. Tucked along a quiet enclave in East Lake Forest, this extensively renovated 1925 gabled cottage offers the best of in-town living just down the street. Storybook charm gives the home instant curb appeal while bright, sunny interiors blend vintage character with modern updates-the result of the current owner's meticulous stewardship. Tall ceilings, arched doorways, traditional millwork, and newly lightened original hardwood floors give the main level a timeless quality. The living and dining areas can function as a flexible, open-flow space, equally suited to everyday living and casual entertaining. The kitchen has been completely reimagined with modern appointments, including a Sub-Zero refrigerator, Samsung appliances, a farmhouse sink, updated cabinetry, a breakfast bar, and a well-organized pantry. Just beyond, a rear mudroom offers practical access to the fenced backyard. The first-floor bedroom, with abundant natural light, has easy access to a renovated full bath and direct access to the second floor. Upstairs, the architecture shifts into a cozier scale-a pair of tandem rooms with pitched ceilings ideal for bedrooms, a playroom, or a cozy creative retreat. The fully finished lower level expands the home's footprint. Featuring painted exposed ceilings, luxury vinyl flooring, and thoughtful zoning to accommodate multiple functions, it includes a large recreation area, an office or bonus room, an added full bath, a new laundry room, and generous closeted storage. A rare walkout feature connects directly to the backyard with a storage room beyond. Outside, the property has been transformed with new landscaping, a paver patio, new fencing, and cozy front porch. Behind the scenes, major mechanical upgrades-new copper water service and lines, new electrical, a new furnace and boiler, new HVAC units, a new hot water heater-bring peace of mind to a home with nearly a century of character. Every space reflects the care of a thoughtful renovation that honors the charm of a 1920s cottage while elevating the way the home lives today. If you're seeking in-town proximity, vintage style, and move-in ready spaces in the heart of Lake Forest, this home checks all of the boxes.
— the listing agent’s description

The home

2 beds
2 baths
1,245 sqft
Built in 1925
0.05-acre lot
Detached Single

What it’ll cost

$642 / sqft
$5,638 taxes / yr
No HOA
121 days on dwello

Estimated monthly payment

$4,951/mo
Principal & interest$4,248
Property taxes$470
Homeowners insurance$233
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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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121 days on dwello
Price history
Listed for sale
Nov 16, 2025
$799,000
Property taxes
2025
Annual tax bill (MLS)
$5,638/yr
From county records — verify with the assessor.

Features

Wall Unit(s)Radiator(s)Sep Heating Systems - 2+OtherStorm SewerAsphaltDriveway

Schools

Elementary — Sheridan Elementary School
Middle — Deer Path Middle School
High — Lake Forest High School
Assigned schools per the listing — always verify enrollment + boundaries with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Annie Royster Lenzke · Coldwell Banker Realty
Listing last updated Mar 17, 2026 · data refreshed from the MLS Apr 24, 2026, 12:15 PM CT
Based on information submitted to the MLS GRID as of Apr 24, 2026, 12:15 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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