Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$1,134,486$370 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $662,500 on Apr 4, 2002

940 WAVELAND RD

LAKE FOREST, IL 60045
4
Beds
3 / 1
Baths
3,065 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.47 ac
Lot SizeThe size of the land the home sits on, from county records.
1969
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$1.1M
$1M low$1.2M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$662,500 · Apr 4, 2002

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$14,720 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$284,035 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$90,748
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$193,287
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$243,380
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$852,190

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.39 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Conventional
CountyLake
Lot (acres)The size of the land the home sits on, from county records.0.47
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 225 ft²Porch · 240 ft²

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Cherokee Elementary SchoolA+
Elementary · Grades KG–4 · 0.3 mi
M
Deer Path Middle School WestA+
Middle · Grades 7–8 · 1.8 mi
H
Lake Forest High SchoolA
High · Grades 9–12 · 2.9 mi

District: Lake Forest School District 67

Neighborhood · ZIP 60045These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.87
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.114
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.40

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.39%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.21,049
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.934 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$182,935
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$257,314
Average tempThe average temperature here across a full year.48°F
Annual precipHow much rain and melted snow falls here in a typical year.36 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

Owner Tools

Do you own this home?
Claim this home

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

940 Waveland Rd measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 94% of homes in Lake County
  • Costs more per square foot than 93% of homes in Lake County
  • Bigger than 85% of homes in Lake County
  • Has a bigger lot than 81% of homes in Lake County
  • Older than 67% of homes in Lake County

What homes are worth in Lake Forest 60045

Each bar is how many homes fall in that price range. The marker is this home.

This home
$426K$4.1M

This home is worth more than 47% of homes in Lake Forest 60045.

How it measures up in Lake Forest 60045

The dot is this home. The mark in the middle is the typical home in Lake Forest 60045.

Estimated value$1,134,486
CheaperTypical $1,172,407Pricier

Pricier than 47% of homes nearby

Price per ft²$370
CheaperTypical $383Pricier

Pricier than 43% of homes nearby

Living area3,065 ft²
SmallerTypical 3,209 ft²Bigger

Bigger than 45% of homes nearby

Lot size0.47 ac
SmallerTypical 0.52 acBigger

Bigger than 44% of homes nearby

Year built1969
OlderTypical 1974Newer

Newer than 43% of homes nearby

How 940 Waveland Rd ranks against every home in each area.
MeasureThis homeLake Forest 60045Lake County
Estimated valuepricier than$1,134,48647% of homes94% of homes
Price per ft²pricier than$37043% of homes93% of homes
Living areabigger than3,065 ft²45% of homes85% of homes
Lot sizebigger than0.47 ac44% of homes81% of homes
Year builtnewer than196943% of homes33% of homes

About 940 Waveland Rd

How much is 940 Waveland Rd, Lake Forest, IL worth?

The TopHap Estimate for 940 Waveland Rd, Lake Forest, IL is $1,134,486 as of Aug 30, 2026. The likely range is $1,040,090 to $1,228,882. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 940 Waveland Rd, Lake Forest, IL last sell?

940 Waveland Rd, Lake Forest, IL last sold on Apr 4, 2002 for $662,500, according to the county's recorded deed.

How big is 940 Waveland Rd, Lake Forest, IL?

940 Waveland Rd, Lake Forest, IL has 4 bedrooms, 3 bathrooms, 3,065 square feet of living space and a 0.47-acre lot.

When was 940 Waveland Rd, Lake Forest, IL built?

940 Waveland Rd, Lake Forest, IL was built in 1969, making it 57 years old. It is a conventional home. The building has 2 stories.

What schools serve 940 Waveland Rd, Lake Forest, IL?

940 Waveland Rd, Lake Forest, IL is assigned to Cherokee Elementary School (elementary), rated A+; Deer Path Middle School West (middle), rated A+; Lake Forest High School (high), rated A. All sit in Lake Forest School District 67. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 940 Waveland Rd, Lake Forest, IL compare to other homes in Lake Forest 60045?

Among the 7,552 homes in Lake Forest 60045, it is worth more than 47% of them ($1,134,486 against a typical $1,172,407), its price per square foot is higher than 43% of them ($370 against a typical $383), it is bigger than 45% of them (3,065 ft² against a typical 3,209 ft²), its lot is bigger than 44% of them (0.47 ac against a typical 0.52 ac) and it is newer than 43% of them (1969 against a typical 1974). Measured against all of Lake County, it is worth more than 94% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 940 Waveland Rd, Lake Forest, IL?

The 2024 property tax bill for 940 Waveland Rd, Lake Forest, IL was $14,720. The county assessed it at $284,035.

More homes on Waveland Rd

Closest homes

More homes in Lake Forest 60045

Assigned schools

Explore the area

See this home in context

Open 940 Waveland Rd on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map