$275,000 Price Analysis    ♡   Mundelein, IL 60060 5 bed 2 bath 2,756 SqFt ($99/SqFt) Built 1907 Listed 2023-12-07, Taxes $7,882 | Ⓧ USDA Ineligible due to location near Mundelein |
Calling all flippers!
* Sale Pending *This is a once in a life tme opportunity to own one of the larger properties near Diamond Lake. This property boasts roughly 5000 sq. ft. of interior property to work with. Basement, firdt floor, second floor and attic. In its current state, it appears as a two unit home, but it has the potential to be 6 bedrooms and 4.5 baths. This home will be the talk of the town once it is given some TLC. Aside from the massive living area it has a massive private balcony on the second floor and this home sits on nearly an acre of land (per the Lake County assessor).
This home is centrally located right next to an abundance of restaurants, retail and easy highway access. Enjoy the close proximity to Diamond Lake and the local sports complex, perfect for outdoor activities, sports and family fun during any season. This is a major rehab project. Cash or Renovation loans only. Agents, please see additional remarks. Bring your ideas and your offers quickly. This gem certainly will not last long, as it is p riced to sell!
Presented by Franklin Abel at
Kale Realty.
Property MLS #11943350 from MRED
Bedrooms Possible: 5
Primary Bedroom Dimensions: 18 x 14
Bedroom 2 Dimensions: 13 x 12
Bedroom 3 Dimensions: 13 x 12
Bedroom 4 Dimensions: 11 x 15
Bedroom 5 Dimensions: 16 x 14
Primary Bedroom Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Second
Bedroom 4 Level: Second
Bedroom 5 Level: Second
Bedroom 5, Kitchen, Balcony/Porch/Lanai
Balcony/Porch/Lanai: 37 x 16
Balcony/Porch/Lanai Level: Second
Kitchen: 12 x 12
Kitchen Level: Main
Laundry: 13 x 9
Laundry Level: Main
Basement Features: Full
Family Room Dimensions: 14 x 18
Living Room Dimensions: 14 x 18
Family Room Level: Main
Living Room Level: Main
Basement Description: Unfinished
Full Bathrooms: 2
Kitchen Level: Second
Garage Description: Detached
Parking Total: 2
High School District: 120
Map directions Map directions Map directions Map directionsSource Listing Status: Pending
County: Lake
Directions: Take Route 60, Town Line Road towards the West from the I-94 Tri-State Tollway (Toll Road) until you reach Route 45, S. Lake Street, and head North (turn right). Take Route 45 North to Shady Lane and head West (turn left). The home will be located on Shady Lane on your left, the South side of the street.
Tax Year: 2021
Ownership: Fee Simple
Source Property Type: Residential
Parcel Number: 11313000020000
Township: Libertyville
Property Subtype: Detached Single
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $51,431 + $23,418 $74,849 | $7,882 |
| 2020 | $45,969 + $20,931 $66,900 | $7,070 |
| 2019 | $41,393 + $18,847 $60,240 | $6,333 |
| 2018 | $39,024 + $12,120 $51,144 | $5,426 |
| 2017 | $37,792 + $11,737 $49,529 | $5,329 |
| 2016 | $35,832 + $11,128 $46,960 | $5,123 |
| 2015 | $33,491 + $10,401 $43,892 | $4,992 |
| 2014 | $33,491 + $10,401 $43,892 | $4,935 |
| 2013 | $33,042 + $10,261 $43,303 | $6,750 |
| 2012 | $49,219 + $15,285 $64,504 | $6,587 |
| 2011 | $75,341 + $21,178 $96,519 | $8,604 |
| 2010 | $79,306 + $22,292 $101,598 | $8,515 |
| 2009 | $83,160 + $23,376 $106,536 | $8,416 |
| 2008 | $77,614 + $22,686 $100,300 | $7,713 |
| 2007 | $73,664 + $21,911 $95,575 | $7,410 |
| 2006 | $69,545 + $20,686 $90,231 | $7,066 |
$275,000
MRED
Year Built: 1907
Property Age: 117
Levels or Stories: 3
Water Source: Public
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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.