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$1,294,000   Price Analysis
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23033 W Schwerman Rd
Mundelein, IL 60060
4 bed 5 bath 7,113 SqFt ($181/SqFt)
5.5 acre lot. Built 1990
Listed 2024-05-16, HOA $42, Taxes $30,193
Ⓧ USDA Ineligible
due to price & location

near Mundelein

LAKE TAHOE VIBES in Lake County IL!

Imagine yourself waking everyday to breathtaking LAKE VIEWS with ultimate privacy from surrounding acres of pretty wooded foliage offering unparalleled restoration for the body and soul! From the moment you drive through the gated entryway and wind your way to this impeccably crafted big cedar and stone estate, you will know you are living YOUR BEST LIFE! Situated on a 5.5 acre lot in the exclusive Old Oak Lake development, this is one of nine exceptional 5+ acre homesites with access to the non-motorized private lake. Great for paddle boats, canoes, fishing, paddleboards, etc.! An impressive three story entryway adorns the front of the home and engages a huge GREAT ROOM with open floor plan, vaulted wood beam ceilings, an incredible two story stone fireplace and floor to ceiling windows, offering an absolutely stunning panorama of the property. Whether it be spring, summer, fall or winter, every season will feel like you're on a permanent vacation. The kitchen has attractive granite countertops and high gloss white cabinetry, while the cozy eat in area includes the second fireplace. With both a convenient butler's pantry and a walk in storage pantry, entertaining is a breeze!

The main level Master Suite is outfitted with a sitting area and the third fireplace, huge bathroom with double va nities, separate tub and shower and closets galore! A half bath and enormous laundry/mud room balance out the main level. A main level wraparound deck and gazebo overlook not the lake, but also the patio and pool area. The stairway reaching the upper level is flanked by two generously sized ensuite bedrooms nicely allowing for privacy to ach area. Prepare for RESORT STYLE LIVING as you enter the walkout lower level!! A billiards & game room, custom bar and family room with the fourth fireplace compliment the patio area complete with an in-ground POOL & WATERFALL! A fourth ensuite bedroom is also located on the lower level, as is storage and mechanicals. Just steps from the pool area are the LAKE & PIER where you can enjoy a private gorgeous waterfront ambiance. The property layout includes a land peninsula with a second gazebo! Lots to explore!! An attached two car garage on the main level is joined by a separate attached one car garage on the lower level. Roof replaced 2023. Skylights replaced 2021. SELLING AS IS.


Presented by Lisa Buncic at
@properties Lake Forest.
Listing Agent Photo

Property MLS #12058469 from MRED

Bedrooms: 4
Bedrooms Possible: 4
Primary Bedroom Dimensions: 14 x 28
Bedroom 2 Dimensions: 15 x 20
Bedroom 3 Dimensions: 15 x 20
Bedroom 4 Dimensions: 14 x 14
Primary Bedroom Level: Main
Bedroom 2 Level: Second
Bedroom 3 Level: Second
Bedroom 4 Level: Walkout Basement

Total Rooms: 11
Breakfast Room, Game Room, Workshop, Storage, Utility Room-Lower Level, Screened Porch
Bar/Entertainment: 10 x 22
Bar/Entertainment Level: Walkout Basement
Work Room: 15 x 16
Work Room Level: Basement
Storage: 11 x 14
Storage Level: Basement
Utility Room-Lower Level: 7 x 16
Utility Room-Lower Level Level: Basement
Laundry: 13 x 15
Laundry Level: Main
Basement Features: Full, Walkout
Family Room Dimensions: 22 x 36
Game/Recreation Room Dimensions: 15 x 30
Living Room Dimensions: 23 x 24
Family Room Level: Walkout Basement
Game/Recreation Room Level: Walkout Basement
Living Room Level: Main
Basement Description: Finished

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

Vaulted/Cathedral Ceilings
Skylight(s)
Bar-Wet
First Floor Bedroom
First Floor Laundry
First Floor Full Bath
Walk-In Closet(s)
Beamed Ceilings
Open Floorplan
Granite Counters
Pantry
Flooring: Ceramic Tile

Double Oven
Dishwasher
Refrigerator
Washer
Dryer
Wine Refrigerator
Cooktop
Range Hood
Water Softener
Laundry Features: Sink

Cooling Features: Central Air
Fireplace Features: Wood Burning
Heating Features: Natural Gas
Number of Fireplaces: 4

Breakfast Room Dimensions: 15 x 17
Breakfast Room Level: Main
Dining Area Dimensions: 22 x 8
Dining Area Level: Main
Kitchen Dimensions: 14 x 15
Kitchen Level: Main

Deck
Patio
Screened Deck
In Ground Pool
Other Structures: Gazebo
Porch Dimensions: 9 x 10
Porch Level: Main

Lot Description: Horses Allowed, Irregular Lot, Lake Front, Landscaped, Water Rights, Water View, Wooded, Mature Trees, Lake Access, Waterfront
Lot Size Acres: 5.5
Lot Size Dimensions: 307X132X275X578X89X496X319X172
Lot Size Square Feet: 239580

Driveway: Asphalt
Garage Spaces: 3
Garage Description: Attached
Garage Features: Garage Door Opener(s), Transmitter(s), Multiple Garages
Parking Total: 3

Association: Yes
Association Fee: 500
Association Fee Frequency: Annually
Calculated Total Monthly Association Fees: 42

Elementary School: Fremont Elementary School
High School: Mundelein Cons High School
High School District: 120

Fremont Intermediate School is a public elementary school located approximately 2.3 miles away.
directions icon Map directions

Fremont Jr High/Middle School is a public middle school located approximately 2.3 miles away.
directions icon Map directions

Mundelein Cons High School is a public high school located approximately 3.5 miles away.
directions icon Map directions

St Matthew Lutheran School is a private elementary school located approximately 2.4 miles away.
directions icon Map directions

Community Features: Lake, Water Rights, Gated

Annual Tax Amount: 28492.44
Source Listing Status: Active
County: Lake
Directions: Midlothian & Gilmer N2 Schwerman W2 23033.
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential
Parcel Number: 10322000230000
Township: Freemont
Property Subtype: Detached Single
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$291,208 + $100,411
$391,619
$30,193
2020$283,194 + $97,648
$380,842
$30,322
2019$273,882 + $94,437
$368,319
$29,395
2018$258,568 + $74,614
$333,182
$26,362
2017$250,429 + $72,265
$322,694
$25,697
2016$237,847 + $68,634
$306,481
$25,270
2015$222,975 + $64,342
$287,317
$25,082
2014$222,975 + $64,342
$287,317
$27,484
2013$247,426 + $60,065
$307,491
$26,680
2012$250,038 + $60,598
$310,636
$25,149
2011$299,122 + $60,598
$359,720
$22,762
2010$343,126 + $60,598
$403,724
$26,844
2009$355,912 + $60,598
$416,510
$25,110
2008$363,176 + $58,833
$422,009
$24,986
2007$356,920 + $55,205
$412,125
$23,963
2006$338,837 + $55,205
$394,042
$23,789

Listing removed 2024-05-17
$0
MRED
Listed 2024-05-16
$1,294,000
MRED
Price Changed 2024-05-08
$1,294,000
MRED
Listed 2024-03-15
$1,325,000
MRED
Listing removed 2022-03-29
$1,375,000
MRED
Listing removed 2016-08-30
$1,299,999
MRED
Price Changed 2016-05-13
$1,299,999
MRED
Listed 2015-09-29
$1,364,785
MRED
Listing removed 2015-09-16
$1,367,900
MRED
Listed 2015-07-14
$1,367,900
MRED
Listing removed 2015-07-14
$1,499,000
MRED
Price Changed 2015-04-08
$1,499,000
MRED
Listing removed 2014-10-29
$1,675,000
MRED
Price Changed 2014-09-07
$1,675,000
MRED
Listed 2014-09-07
$1,675,000
MRED
Price Changed 2013-08-23
$1,798,000
MRED
Price Changed 2013-05-29
$1,698,000
MRED
Price Changed 2011-10-18
$1,649,000
MRED
Price Changed 2011-08-29
$1,877,000
MRED
Price Changed 2011-03-28
$1,999,900
MRED
Listed 2010-08-30
$2,495,000
MRED
Sold 2002-07-23
$1,300,000
Public Record
Sold 1989-06-01
$295,000
Public Record

Total Square Feet Living: 7113
Year Built: 1990
Foundation Details: Concrete Perimeter
Property Age: 34
Roof: Asphalt
Levels or Stories: 2

Sewer: Septic-Private
Water Source: Private Well
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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.