1402 N. Waukegan Road, Lake Forest acquired by Richard and Elizabeth Uihlein

The home at 1402 N. Waukegan Road, Lake Forest, Lake County, was sold on May 12 by Qtip (marital trust) for $400,000.

Richard and Elizabeth Uihlein were listed as the buyers.

Property taxes on the home totaled $35,364 in 2023, or 8.8% of the sale price.

This property is one of 19 sales in Lake Forest, Lake County, between April 12 and May 12.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.