ObjectiveThe Northern Refuge of Lake Michigan was established under the auspices of the Great Lakes Fishery Commission in 1985 as an additional step toward restoring a self‐sustaining Lake Trout Salvelinus namaycush population to the lake. The overall goal of our study was to assess progress toward Lake Trout rehabilitation in the Northern Refuge through 2021.MethodsWe conducted annual (1992–2021) gill‐net surveys in the fall to assess the adult population and beam trawl surveys in the spring to assess naturally reproduced age‐0 Lake Trout.ResultSpawner abundance averaged 45 fish • 305 m of gill net−1 • day−1 during 1992–1999, just 4 fish • 305 m of gill net−1 • day−1 during 2000–2014, and then 67 fish • 305 m of gill net−1 • day−1 during 2018–2021. Sea Lamprey Petromyzon marinus wounding rate decreased by nearly 90% between the 2000–2014 and 2015–2021 periods. The average annual mortality rate of adult Lake Trout decreased from 43% during the 1990s and 2000s to 22% during 2015–2021. All of these population dynamics were partly driven by changes in Lake Trout stocking rates, which declined by roughly 50% during 1994–1996 but then increased roughly twofold during 2006–2010 and remained at this higher level during 2010–2018. In 2021, early signs of natural recruitment of Lake Trout became evident. Beam trawling during June 2021 yielded a wild age‐0 Lake Trout, the first ever caught since the surveys began in 1992. In addition, 15 (4% of total catch) of the Lake Trout caught in the fall 2021 gill‐net survey were unclipped (wild) fish. Estimated ages of these wild fish indicated that natural recruitment had begun sometime around 2015.ConclusionWith Alewife Alosa pseudoharengus abundance in Lake Michigan at record low levels, Sea Lamprey wounding rate greatly reduced, and Lake Trout spawner abundance at relatively high levels, the outlook for Lake Trout rehabilitation in the Northern Refuge holds promise.