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$340,000   Price Analysis
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61 Park Ave
Lake Zurich, IL 60047
4 bed 2 bath 1,408 SqFt ($241/SqFt)
1.03 acre lot. Built 1899
Listed 2024-03-28, Taxes $6,348
Ⓧ USDA Ineligible
due to location

near Lake Zurich

Nestled in downtown Lake Zurich

* No Longer For Sale *
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This charming yet in need of renovation four plus one bedroom, two bath home presents a unique opportunity for those looking to restore or e xpand a classic property. Situated a short walk from Lake Zurich, this home sits on four lots totaling over an acre, offering ample space for potential improvements. The living and dining rooms provide a vast layout for entertaining and the main level bedroom or office allows for flexible use. Upstairs, three additional bedrooms await transformation. With a full basement featuring a family room, fifth bedroom, workroom, laundry room and full bath, there is plenty of room to reimagine this space. A huge detached four car garage can fit up to six vehicles and has tons of room for workshop with large machines. Three of the lots lack main road access, the possibility of adding an easement opns up exciting prospects or use all four lots and build your dream home!

Bring your vision and creativity to breathe new life into this historic home.


Presented by Jane Lee at
RE MAX Top Performers.
Listing Agent Photo

Property MLS #12015768 from MRED

Bedrooms: 4
Bedrooms Possible: 5
Bedrooms On Basement Level: 1
Primary Bedroom Dimensions: 17 x 13
Bedroom 2 Dimensions: 13 x 11
Bedroom 3 Dimensions: 13 x 11
Bedroom 4 Dimensions: 12 x 8
Bedroom 5 Dimensions: 15 x 14
Primary Bedroom Level: Second
Bedroom 2 Level: Second
Bedroom 3 Level: Second
Bedroom 4 Level: Main
Bedroom 5 Level: Basement

Total Rooms: 10
Bedroom 5, Workshop
Work Room: 10 x 9
Work Room Level: Basement
Laundry: 12 x 6
Laundry Level: Basement
Basement Features: Full
Family Room Dimensions: 16 x 12
Living Room Dimensions: 15 x 13
Basement Sqft: 704
Family Room Level: Basement
Living Room Level: Main
Basement Description: Partially Finished, Exterior Access

Total Bathrooms: 2
Full Bathrooms: 2

Hardwood Floors
First Floor Bedroom

Range
Microwave

Cooling Features: Window/Wall Units - 2
Fireplace Features: Wood Burning Stove
Heating Features: Natural Gas, Forced Air
Number of Fireplaces: 1

Dining Area Dimensions: 16 x 13
Dining Area Level: Main
Kitchen Dimensions: 15 x 10
Kitchen Level: Main

Porch Screened
Storms/Screens

Additional Parcels Description: 14201040240000, 14201040230000, 14201040220000
Lot Description: Landscaped
Lot Size Acres: 1.0259
Lot Size Dimensions: 66X150X66X150
Lot Size Square Feet: 44688

Driveway: Asphalt
Garage Spaces: 4
Garage Description: Detached
Garage Features: Tandem, 7 Foot or more high garage door
Parking Total: 4

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: May Whitney Elementary School
High School: Lake Zurich High School
High School District: 95

May Whitney Elementary School is a public elementary school located approximately 0.4 miles away.
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Lake Zurich High School is a public high school located approximately 0.8 miles away.
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Lake Zurich Middle - N Campus is a public middle school located approximately 2.1 miles away.
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St Francis De Sales School is a private elementary and middle school located approximately 0.5 miles away.
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Community Features: Park, Lake, Street Paved

Annual Tax Amount: 9168.82
Source Listing Status: Closed
County: Lake
Directions: Main Street and N Old Rand South ... Main Street South to Park left to home
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential
Parcel Number: 14201040130000
Township: Ela
Property Subtype: Detached Single
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$66,715 + $25,517
$92,232
$6,348
2020$66,715 + $25,517
$92,232
$6,233
2019$66,133 + $25,294
$91,427
$6,140
2018$64,389 + $23,993
$88,382
$5,922
2017$63,613 + $23,704
$87,317
$5,835
2016$61,599 + $22,953
$84,552
$5,702
2015$58,671 + $21,862
$80,533
$5,593
2014$58,671 + $21,862
$80,533
$5,807
2013$59,619 + $22,215
$81,834
$6,065
2012$60,165 + $26,167
$86,332
$6,160
2011$61,588 + $26,786
$88,374
$5,816
2010$61,014 + $26,537
$87,551
$5,314
2009$63,556 + $27,643
$91,199
$5,115
2008$62,267 + $27,082
$89,349
$5,036
2007$60,778 + $26,434
$87,212
$4,858
2006$56,482 + $18,152
$74,634
$4,283

Sold 2024-05-01
$270,000
MRED
Price Changed 2024-04-01
$340,000
MRED
Listed 2024-03-28
$399,900
MRED
Listing removed 2024-03-28
$399,900
MRED
Listed 2023-07-31
$399,900
MRED
Listing removed 2023-07-31
$399,900
MRED
Price Changed 2023-07-28
$399,900
MRED
Listed 2023-07-11
$450,000
MRED
Listing removed 2023-07-11
$450,000
MRED
Price Changed 2023-07-10
$450,000
MRED
Listed 2023-05-31
$500,000
MRED

Total Square Feet Living: 1408
Year Built: 1899
Property Age: 125
Levels or Stories: 2

Sewer: Public Sewer
Water Source: Public

Other Equipment: Ceiling Fan(s)

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.