Lake Villa, IL

Not Disclosed
$ 290,000 Beds 3 Baths 1.5 Sq 1,236
Monthly Estimate* How much can I afford?

First time on the market, a 3-bedroom, 1.5-bath ranch home situated on approximately 1.19 acres (2 LOTS) and offering the opportunity to create a property tailored to your vision. This estate sale is being offered AS IS. The home features central air conditioning, forced-air heat, and a 2-car garage. The property includes two lots, providing additional land and flexibility for future plans, subject to applicable zoning and local requirements. A unique feature of this property is its water rights to West Miltmore. Buyers are encouraged to conduct their own due diligence regarding the water rights, lot configuration, zoning, permitted uses, and any potential improvements or development opportunities. With a generous lot, two parcels, a ranch-style home, and plenty of potential, this property offers an opportunity to bring your ideas and make it your own.

New

  • Price
  • $ 290,000
  • City
  • Lake Villa
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • LAKE
  • Half Bathrooms
  • 1
  • Area
  • Lake Villa - Lindenhurst
  • Lot Size
  • 1.19 Acres
  • Zip
  • 60046
  • Sqr Footage
  • 1,236
  • Year Built
  • 1950
  • Taxes
  • $ 6477
  • Style
  • Ranch
  • MLS#
  • 12703974
Listed By: Compass
Data Source: Midwest Real Estate Data (MRED)

Features

General

Living Area 1236
Sewer Septic Tank
Heating Natural Gas,Forced Air
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Range,Dishwasher,Refrigerator,Washer,Dryer,Water Softener
Garage Spaces 2
Association Fee Includes None
Architectural Style Ranch
Construction Materials Aluminum Siding
Year Built 1950
Electric Circuit Breakers
Township Lake Villa
Tax Year 2025
Ownership Fee Simple
Community Features Park,Lake,Water Rights,Street Paved
Additional Parcels Description 06094010010000
Assoc Fee Paid Per Not Applicable
County Lake
New Construction No
Property Type Residential
Subdivision Name West Miltmore
Other Structures Shed(s)
Total Rooms 5
Full Baths 1
Status New
Directions RTE 83 TO Park Dr,E on Park Drive to North James Ct. Rt ok James ct to property.
High School Grayslake North High School
City Lake Villa
High School District 127
MLS Area Lake Villa / Lindenhurst
Elementary School B J Hooper Elementary School
Tax Annual Amount 6477.84
Middle/Junior High School Peter J Palombi School
Additional Parcels Y/N Yes
Standard Status Active
Middle/Junior School District 41
Elementary School District 41
Property Type Detached Single

Interior Features

Interior Amenities Solar Tube(s),1st Floor Bedroom,1st Floor Full Bath,Built-in Features,Pantry,Replacement Windows
Basement Crawl Space
Flooring Carpet
Total Fireplaces 1
Fireplace Features Gas Starter
Half Baths 1
Laundry Features Main Level,Gas Dryer Hookup,Laundry Closet
Total Bedrooms 3
Room Type Foyer
LivingAreaSource Assessor
Total Baths 2
Bedrooms Possible 3

Exterior Features

Parking Features Asphalt,Garage Door Opener,Yes,Garage Owned,Attached,Driveway,Owned,Garage
Lot Features Corner Lot,Water Rights,Level
Water Source Well
Total Parking 8
Foundation Details Other
Lot Dimensions 51880
Lot Size Acres 1.19
Waterfront Y/N No
Other Equipment Water-Softener Owned,Ceiling Fan(s),Water Heater-Gas

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Elmwood Park, IL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School B J Hooper Elementary School
Middle School Peter J Palombi School Middle School
High School Grayslake North High School

Price History

9/14/2026 Listed $290,000

Property vs Zip Code Average in 60046

Price
AVG $460K
$290K
Taxes
AVG $9,162
$6,477
Year Built
AVG 1984
1950
Visits
AVG 68
8
Data Provided by Inside Real Estate®

Areas That We Cover

Lake Villa, IL is a Single Family Home for sale at $290000 with 1236 sqft and a lot size of 1.19 Acres Acre(s). Lake Villa has 3 bedrooms, 1 baths and was built in 1950. The property's zip code is 60046 which is in Lake Villa, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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