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Downtown Lake Forest, Illinois
Downtown Lake Forest Condos for Sale Near Market Square
Downtown Lake Forest condos for sale on and around Western Avenue, a walk from Market Square and the Union Pacific North train, building by building.
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01 / Downtown
Downtown Lake Forest condos for sale by building
Downtown Lake Forest condos for sale are in a handful of buildings on and near Western Avenue, north of Deerpath Road. All are a short walk from Market Square, the library and the Union Pacific North station at 691 N Western Ave.
They range from 1960s buildings with one- and two-bedroom units and dues under $510 a month to newer buildings with units over 5,000 square feet and dues above $1,000 (Homes by Marco subdivision data, October 2026).
02 / Buildings
The downtown buildings
Crystal Point
Crystal Point condos in Lake Forest, IL sit on Western Avenue north of Deerpath, built from 1972 to 1975. Units run from 1,453 to 4,000 square feet, with HOA dues of $344 to $745 a month and an average yearly tax of $6,139. Three units were listed in October 2026, at an average of about $518,000.
Lake Forest North
At 1301 N Western Ave, built from 1967 to 1977. The most affordable building downtown: 957 to 1,464 square feet, dues of $338 to $508 and an average yearly tax of $3,513. Two units were listed at an average of $339,900.
Laurel Place
On Laurel Avenue west of Western, built in the late 1990s by R.M. Swanson and Associates, with elevators, storage and a bike room. Units run from about 1,044 to 2,256 square feet, with dues of $647 to $1,011. Recent sales ran from $565,000 to $835,000.
Westminster Gardens
At 333 E Westminster, an 11-unit building from 1999 designed by Peter Witmer, steps from Market Square. Units of 2,330 to 5,000 square feet, dues of $1,200 to $1,491 and an average yearly tax of $23,479. Recent sales ran from $849,000 to $1,975,000.
Regents Row
On Western Avenue north of Deerpath, built from 2005 to 2008: townhomes and condos of 3,149 to 5,124 square feet, with dues of $1,034 and an average yearly tax of $30,093.
Source: Homes by Marco subdivision data, October 2026.
03 / Compare
Downtown buildings side by side
Lake Forest North
Built: 1967 to 1977
Sizes: 957 to 1,464 sq ft
HOA a month: $338 to $508
Average tax a year: $3,513
Crystal Point
Built: 1972 to 1975
Sizes: 1,453 to 4,000 sq ft
HOA a month: $344 to $745
Average tax a year: $6,139
Laurel Place
Built: 1979 to 2001
Sizes: 1,044 to 2,256 sq ft
HOA a month: $647 to $1,011
Average tax a year: $9,029
Westminster Gardens
Built: 1998 to 1999
Sizes: 2,330 to 5,000 sq ft
HOA a month: $1,200 to $1,491
Average tax a year: $23,479
Regents Row
Built: 2005 to 2008
Sizes: 3,149 to 5,124 sq ft
HOA a month: $1,034
Average tax a year: $30,093
| Building | Built | Sizes | HOA a month | Average tax a year |
|---|---|---|---|---|
| Lake Forest North | 1967 to 1977 | 957 to 1,464 sq ft | $338 to $508 | $3,513 |
| Crystal Point | 1972 to 1975 | 1,453 to 4,000 sq ft | $344 to $745 | $6,139 |
| Laurel Place | 1979 to 2001 | 1,044 to 2,256 sq ft | $647 to $1,011 | $9,029 |
| Westminster Gardens | 1998 to 1999 | 2,330 to 5,000 sq ft | $1,200 to $1,491 | $23,479 |
| Regents Row | 2005 to 2008 | 3,149 to 5,124 sq ft | $1,034 | $30,093 |
Source: Homes by Marco subdivision data, October 2026.
04 / Living downtown
Living near Market Square
Downtown owners walk to the train, the shops and restaurants of Market Square, the Lake Forest Library and Gorton Center. Forest Park Beach on Lake Michigan is a short drive east. Many buyers here are owners moving from a house in town who want one-level living and less upkeep.
For condos outside downtown, see Lake Forest condos for sale. For more on the town, read the Living in Lake Forest guide.
05 / Related
More for downtown condo owners and buyers
Sell your condo
Pricing, prep and the association documents buyers ask for.
Townhomes
Regents Row and the townhome communities across town.
06 / Areas
Other Lake Forest areas
- East Lake Forest
- West Lake Forest
- Conway Farms
- Downtown Lake Forest
- Villa Turicum
- Northmoor
- Whispering Oaks
- Onwentsia Gardens
- Westleigh Farm
- Everett Farms
- Meadowood
- Windridge
07 / Questions
Questions about downtown Lake Forest condos
Crystal Point, Lake Forest North, Laurel Place, Westminster Gardens and Regents Row, all on or near Western Avenue north of Deerpath Road.
Three units were listed in October 2026 at an average of about $518,000, with HOA dues of $344 to $745 a month (Homes by Marco).
Lake Forest North, at 1301 N Western Ave, with listings averaging $339,900 in October 2026 (Homes by Marco).
All of them are a short walk from the Union Pacific North station at 691 N Western Ave.
Several do, including Laurel Place and Westminster Gardens, but rules can change. We check each building's rules before you offer.
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