Home to million dollar-plus estates, the city of Lake Forest is synonymous with luxury living in the Chicago area. The North Shore community is favored for its top schools like nationally-ranked Lake Forest High School and its proximity to Lake Michigan. Affordable single-family homes, though, are attainable in Lake Forest. Two examples listed by Koenig & Strey are available to homebuyers for under $500K. Jim Tuohy represents one of the properties.

14566 Oak Lane

Nearly two acres of land come with the modern 4 bedroom, 5 bath at 14566 Oak Lane.  A complete remodel in 2006, the home’s location allows for horses and sits near riding and hiking trails.

1540 Greenleaf Ave

Over at 1540 Greenleaf Avenue, the 4 bedroom, 2.5 bath Cape Cod listed by Lee Eddy boasts a four-season sun room addition to compliment the private back yard’s brick patio. Charming landscaping also fills out the picket-fenced front yard.

Lake Forest real estate starts at Koenig & Strey.