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Knollwood is an unincorporated community in Lake County, Illinois. It is located within Shields Township and Libertyville Township. Knollwood shares a postal code with neighboring village Lake Bluff. Knollwood residents are served by Lake Bluff School District 65, Lake Bluff Park District, and Lake Forest High School District 115. Knollwood residents have unsuccessfully petitioned for annexation into Lake Bluff in 1978, 1982, and 1996. The now defunct Lake Bluff West Elementary School is located in Knollwood.
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