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Lake Villa 60046
40 Cedar Avenue
$315,000
● House - Off Market

40 Cedar Avenue

Lake Villa, IL 60046
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,121 Ft²
$2,092
Est. Monthly
7.40%
Cap Rate

About This Property

Discover Your Dream Home in the Heart of Lake Villa! Potential for a Home Business!!! Nestled in a picturesque location, this captivating home is a masterpiece of craftsmanship, boasting a rich history dating back to 1904. Impeccably designed by two talented carpenters, this residence exudes timeless elegance and charm.    As you approach, the meticulous landscaping and sophisticated curb appeal extend a warm invitation to your new abode. The European hand-laid flooring, sturdy walls, and foundation evoke a sense of permanence, like the architectural brilliance of Frank Lloyd Wright.   Step inside, and you'll be instantly captivated by the remodeled kitchen, a true showstopper. It features granite countertops, stainless steel appliances, modern 42" cabinets, and a spacious island, creating a perfect focal point for both quick meals and memorable gatherings. Notably, the renovations were thoughtfully executed to preserve the home's original hand-crafted charm, including a built-in with drawers designed for spices and condiments.   Hardwood floors gracefully flow throughout the main level, seamlessly connecting to the office and generously sized bedrooms. The convenience of a first-floor laundry room adds to the home's practicality.    The full basement eagerly awaits your creative touch - envision a wine tasting room nestled in its own unique location or additional bedrooms, all while taking advantage of an existing full bathroom just needing a little TLC. The second floor offers versatility, whether you choose to convert it into an extra bedroom or maintain it as a vibrant playroom paradise for kids.        Spend the days enjoying the enclosed front porch/sunroom, with its two ceiling fans providing the perfect atmosphere for sipping coffee, watching parades, or simply reveling in the soothing sounds of nature. In the evenings, cozy up by the fireplace, unwind with a movie, or engage in a spirited game of cards in your luxurious living room.    An array of spaces invites you to explore and make your own, including a private patio/courtyard overlooking the serene backyard.     The owner has invested approximately $60,000 in updates and upgrades, ensuring your comfort and peace of mind. Recent improvements include fresh paint. New water heater.  New plumbing in the main floor bathrooms.  New asphalt driveway and concrete floor in garage.  Newly refinished hardwood floors throughout.  New windows in Laundry Room.  All complimenting the gorgeous original wood doors and hardware.  One-of-a-Kind Built-ins in the Dining Room and Kitchen. Coffered Ceilings and Crown Molding. Brick Fireplace.  This is where memories are made, relationships are strengthened & milestones are celebrated!  Just steps to all things Lake Villa including the shimmering Cedar Lake & Lehmann Park, restaurants, shops, and the Metra. This is truly Luxury for Less.
Unit Size
2,121 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$153
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
1904

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Last updated: 3 years ago (MRED MLS #11904861)

Price History

Date / Event Date Event Price
Dec 5, 2023 Sold
Sold
Oct 20, 2023 Listed by @properties Christie's International Real Estate $325,000
Listed by @properties Christie's International Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1904
  • Effective Year Built: 1904
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,851
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 5,553
  • Gross Building Area: 5,991
  • Building Area: 1,851
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,851
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEHMANS ADD
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: RESUB OF PT BLKS 4 & 5L.V. & PT BLK 8 LEHMANS ADD LOT 14 BLOCK A

Neighborhood

  • School District Name: Antioch Community High School District 117
  • Census Tract: 861012

Geography

  • Assessors Map Reference: 2475-A1
  • District: LAKE VILLA
  • Parcel: 02-33-305-016
  • Block: 4,5,8
  • Lot: 14
  • Municipality: TWP OF LAKE VILLA
  • Latitude: 42.4162
  • Longitude: -88.082

    Address

  • Full Address: 40 Cedar Ave
  • Address - House Number: 40
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Lake Villa
  • Carrier Code: R777
  • 4-Digit Zip Code: 8411
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $594,880
  • Tax Rate Code Area: 5159

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 268,763
  • High Value: 311,698
  • Low Value: 225,828

    Market Valuation

  • Market Total Value: $202,865
  • Market Land Value: $20,393
  • Market Improvement Value: $182,472

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,615
  • Assessed Land Value: $6,797
  • Assessed Improvements Value: $60,818

    Sales

  • Current Sale Contract Date: Dec 05, 2023
  • Current Sale Recording Date: Jan 02, 2024
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8012310
  • Previous Sale Recording Date: Apr 10, 1997
  • Previous Sale Contract Date: Mar 22, 1997
  • Previous Sale Document Type: 71
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 Lake Villa


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Frequently Asked Questions

When was property at 40 Cedar Avenue built and last sold?
The property at 40 Cedar Avenue was built in 1904 and last sold on Dec 5, 2023 for $315,000.
How much is this home worth?
The estimated value of the home located at 40 Cedar Avenue is $333,586.
What are some comparable homes to 40 Cedar Avenue?
There are currently no comparable homes to 40 Cedar Avenue.