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745 East Woodland Road

Mona Hellinga Of Christie's International Real Estate Represents Seller In Sale Of Lake Forest Home For $6.3M
SOLDSingle Family

Mona Hellinga Of Christie's International Real Estate Represents Seller In Sale Of Lake Forest Home For $6.3M

745 East Woodland Road

$6,300,000

$863/SF

Building Size

7,300 SF

Asset Type

Single Family

Closing

Apr 29, 2026

AI

A single-family home located at 745 East Woodland Road in Lake Forest has been sold for $6,300,000. The property encompasses 7,300 square feet of living space and sits on 1.24 acres. The sale price reflects a cost of approximately $863 per square foot and is noted as $250,000 below its initial asking price of $6.5 million. The estate features five bedrooms and is situated near Lake Michigan, making it a notable property in the area.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $6,300,000
  • Square Footage: 7,300
  • Address: 745 East Woodland Road
  • Market: Lake Forest
  • Acres: 1.24
  • Price per Square Foot: $863
  • Previous Owner: Robert Morrison
  • Sale Date: 04/29/2026
  • Broker: Mona Hellinga - Christie's International Real Estate

Mona Hellinga represented the seller in this transaction, while the identity of the buyer remains undisclosed. Robert Morrison acquired the property in 2020 for $2.9 million from the estate of Nancy Hughes. Renovations on the home were completed between 2022 and 2024. This sale ranks as the second-most expensive transaction in Lake Forest for the year.

Players

Mona Hellinga

@Properties Christie's International Real Estate

Broker

$33.9M

vol

5 deals

Broker

Lake Forest Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.52%

Cash-on-Cash

-0.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93