See Home Value
$450,000
● House - Off Market

3 LAKEVIEW Drive

Mundelein, IL 60060
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,486 Ft²
$3,093
Est. Monthly
7.56%
Cap Rate

About This Property

DONT MISS THIS INCREDIBLE OPPORTUNITY! HISTORIC & CLASSIC GAMBREL STYLE HOME THAT IS TRUE MUNDELEIN LAKEFRONT PROPERTY ON MOTORIZED DIAMOND LAKE ! YOU CAN SEE BILL'S PUB FROM THE SHORELINE! This home sports 2 Bedrooms on the main level & a Full Bath plus 2 Bedrooms Upstairs with a full bath. The storage in this home is AMAZING! Gleaming wood floors in the Breakfast area & Kitchen as well as the MAIN LEVEL Bedrooms. Laundry- Utility room & Possible work room or Rec room in the walk-out basement.  Follow the Breezeway to the basement, garage & enormous screened in porch overlooking the Lake! Imagine the entertaining you can do in this perfectly situated home! The property includes 2 Lots - the House lot which is high & dry & the lakefront lot. While it is not buildable - you can easily put in a pier (the old one was removed due to condition) & a Boat Lift. The home includes a Jet Ski lift. ROBERT LEWANDOWSKI PARK IS JUST A COUPLE BLOCKS AWAY. THIS HOME IS LOCATED WITHIN EASY SHOPPING IN VERNON HILLS & NOT FAR FROM DOWNTOWN MUNDELEIN.  Home needs some updating (Baths-Basement)- priced with that in mind!
Unit Size
2,486 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$191
Property Type
House
Property Taxes
$762
HOA Dues
-
Year Built
1937

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Last updated: 3 years ago (MRED MLS #11999624)

Price History

Date / Event Date Event Price
Apr 12, 2024 Sold
Sold
Mar 8, 2024 Listed by Keller Williams North Shore West $474,500
Listed by Keller Williams North Shore West

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 726
  • Garage Type: 1
  • Garage Square Area: 530
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,948
  • Total Building Area: 3,088
  • Gross Building Area: 3,088
  • Building Area: 1,832
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,832
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH SHORE PARK SUB.
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: NORTH SHORE PARK SUB. LOT 208

Neighborhood

  • School District Name: Mundelein Consolidated High School District 120
  • Census Tract: 864108

Geography

  • Assessors Map Reference: 2646-D2
  • District: FREMONT
  • Parcel: 10-25-434-015
  • Block: 3
  • Lot: 208
  • Municipality: TWP OF FREMONT
  • Latitude: 42.256
  • Longitude: -88.0041

    Address

  • Full Address: 3 Lakeview Dr
  • Address - House Number: 3
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mundelein
  • Carrier Code: C009
  • 4-Digit Zip Code: 2727
  • Zip Code: 60060

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $772,874
  • Tax Rate Code Area: 12001

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 346,045
  • High Value: 401,325
  • Low Value: 290,764

    Market Valuation

  • Market Total Value: $251,641
  • Market Land Value: $57,033
  • Market Improvement Value: $194,608

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,872
  • Assessed Land Value: $19,009
  • Assessed Improvements Value: $64,863

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Shore Park


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Frequently Asked Questions

When was property at 3 Lakeview Drive built and last sold?
The property at 3 Lakeview Drive was built in 1937 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Lakeview Drive is $479,245.
What are some comparable homes to 3 Lakeview Drive?
There are currently no comparable homes to 3 Lakeview Drive.