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$775,000   Price Analysis
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1460 Margate Ln
Libertyville, IL 60048
5 bed 5 bath 4,474 SqFt ($173/SqFt)
0.91 acre lot. Built 1965
Listed 2024-05-15, Taxes $14,211
Ⓧ USDA Ineligible
due to price & location

near Libertyville

Welcome home!

* Has Contingent Offer *

Pull up to this home and see the attractive mature landscaping and gardens the completely surround you. Wind through the English garden to the front stone patio and enter the double door to the grand foyer with an open view of the main floor living space. Hardwood floors on the main level carry you through a formal dining room with a bay window, living room and massive open kitchen with plenty of space for the chef in your family. The kitchen is also open to the family room which is full of windows and doors for natural light, a attractive fireplace and a storage closet with limitless possibilities as a wine room, game closet, even home office. There is a powder room and first floor laundry as well and a workshop tucked behind the laundry room for any DIY projects. The lower level features a full bath, wet bar area and a fantastic recreation room complte with pool table for hours of fun. The second floor houses 3 big bedrooms, one has an en suite bath and could be used as a second primary suite. Third floor has a beautiful primary bedroom, full 4 piece bathroom and double vanities and a fantastic walk in closet f ully decked out with organizers for all your clothing. Two other rooms have flexibility to be used as bedrooms, home gym, office space, craft room, you name it!

There is also a second walk in closet fully stubbed to be a 4th full bath should you want to add another bathroom. The back deck begins with a screened in porch and then opens to a spacious outdoor deck for a serene space to take in the beauty of the almost full acre of landscaping and greenery. There is also a shed out back for all the garden equipment and backyard toys you want! This home is so conveniently located near I-94 and also with close proximity to downtown Libertyville and all it has to offer. Located in the Blue Ribbon Award winning Rondout Elementary and Libertyville High School districts, this home truly has it all!


Presented by Juliet Towne at
Coldwell Banker Realty.
Listing Agent Photo

Property MLS #12051968 from MRED

Bedrooms: 5
Bedrooms Possible: 5
Primary Bedroom Dimensions: 14 x 15
Bedroom 2 Dimensions: 15 x 15
Bedroom 3 Dimensions: 11 x 11
Bedroom 4 Dimensions: 11 x 15
Bedroom 5 Dimensions: 11 x 12
Primary Bedroom Level: Third
Bedroom 2 Level: Second
Bedroom 3 Level: Second
Bedroom 4 Level: Second
Bedroom 5 Level: Third

Total Rooms: 12
Bedroom 5, Bonus Room, Workshop, Recreation Room, Foyer, Mud Room, Other Room
Bonus Room: 14 x 24
Bonus Room Level: Third
Work Room: 12 x 16
Work Room Level: Main
Bar/Entertainment: 4 x 5
Bar/Entertainment Level: Lower
Other Room: 8 x 9
Other Room Level: Third
Laundry: 8 x 8
Laundry Level: Main
Entry Foyer Dimensions: 14 x 14
Family Room Dimensions: 28 x 27
Game/Recreation Room Dimensions: 14 x 37
Living Room Dimensions: 15 x 13
Mud Room Dimensions: 8 x 6
Entry Foyer Level: Main
Family Room Level: Main
Game/Recreation Room Level: Lower
Living Room Level: Main
Mud Room Level: Main
Basement Description: Crawl

Total Bathrooms: 5
Full Bathrooms: 4
1/2 Bathrooms: 1

Yes

Cooling Features: Central Air, Zoned
Heating Features: Natural Gas, Forced Air, Zoned

Dining Area Dimensions: 12 x 13
Dining Area Level: Main
Kitchen Dimensions: 14 x 20
Kitchen Level: Main

Flooring: Carpet, Ceramic Tile, Hardwood

Lot Size Acres: 0.91
Lot Size Dimensions: 159X222X71X96X260
Lot Size Square Feet: 39640

Garage Spaces: 2
Garage Description: Attached
Parking Total: 2

Elementary School: Rondout Elementary School
Elementary School District: 72
High School District: 128

Rondout Elementary School is a public elementary and middle school located approximately 0.8 miles away.
directions icon Map directions

Libertyville High School is a public high school located approximately 2.4 miles away.
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East Lake Academy is a private elementary and middle school located approximately 1.2 miles away.
directions icon Map directions

Annual Tax Amount: 16495.04
Source Listing Status: Active Under Contract
County: Lake
Directions: St. Mary's Rd and Route 176, North on St. Mary's to Margate, East on Margate to property address
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential
Parcel Number: 11231030090000
Township: Libertyville
Property Subtype: Detached Single
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$155,141 + $68,813
$223,954
$14,211
2020$152,533 + $67,656
$220,189
$13,512
2019$151,083 + $67,013
$218,096
$13,349
2018$148,625 + $70,863
$219,488
$13,011
2017$143,933 + $68,626
$212,559
$12,489
2016$136,468 + $65,067
$201,535
$11,953
2015$127,552 + $60,816
$188,368
$13,869
2014$127,552 + $60,816
$188,368
$13,830
2013$125,841 + $60,000
$185,841
$13,916
2012$146,651 + $60,646
$207,297
$14,759
2011$159,891 + $66,121
$226,012
$13,779
2010$159,891 + $73,468
$233,359
$11,058
2009$167,659 + $77,038
$244,697
$10,842
2008$162,713 + $74,765
$237,478
$10,274
2007$87,066 + $78,489
$165,555
$7,873
2006$84,059 + $78,489
$162,548
$7,894

Listed 2024-05-15
$775,000
MRED
Sold 1994-11-16
$225,500
Public Record

Total Square Feet Living: 4474
Year Built: 1965
Property Age: 59

Sewer: Public Sewer
Water Source: Lake Michigan
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.