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  • $365,000

    103 S Lake St, Mundelein, IL 60060

    4beds
    --sqft
    Multi Family
    Built in 1895
    -- sqft lot
    $384,400 Zestimate®
    $--/sqft
    $1,928 Estimated rent

    Home value

    $384,400

    $346,000 - $427,000

    $1,928/mo

    Zestimate® history
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    What's special

    Extended drivewayAbundant space for vehiclesCorner lotOversized garageExtra-large corner lotGenerous room sizesPlenty of closet space
    Own a piece of Mundelein history! This charming old farmhouse, now converted to a 2 unit, is a dream opportunity for investors or those willing to put in a little work and love into their new home. This solid 2-flat property is brimming with personality and potential! Set on an extra-large corner lot with an extended driveway, it offers abundant space for vehicles, tools, toys, outdoor storage, or all your "plain ol' stuff" (we get it lol!) It's perfect for contractors, landscapers, or anyone who needs space for work vehicles or trucks. The oversized garage is huge, accommodating up to 5 cars with ease. Each unit features generous room sizes, 2 bedrooms, plenty of closet space, and 1 bathroom, making it a versatile investment or a perfect multi-generational living solution. Dreaming of a single-family home? This beauty can easily be converted back, adding even more value to its farmhouse charm. The partially finished basement is full of possibilities, offering another full bathroom and room to add another bedroom, rec room, storage units- The choice is yours. Plus, the location is unbeatable! Just moments away from Mundelein's highlights, including parks, dining, shopping, and endless recreation around the scenic Diamond Lake. Whether you're an investor or someone looking for a place with character and flexibility, this property checks all the boxes! Don't miss your chance to own a historical piece of Mundelein magic.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stewart Ramirez 773-988-1710,

    E- Signature Realty

    Bought with:

    Kimberly Ehler

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 12298822MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 3
    Heating
    • Steam, Radiant
    Appliances
    • Included: Gas Water Heater
    Features
    • Windows: Screens
    • Basement: Partially Finished,Block,8 ft + pour,Full

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage Door Opener, Tandem, On Site, Garage Owned, Detached, Garage
    • Garage spaces: 5
    • Has uncovered spaces: Yes
    Lot
    • Size: 0.42 Acres
    • Dimensions: 120X153
    • Features: Corner Lot
    Details
    • Additional structures: Workshop
    • Additional parcels included: 11303090020000,11303090030000,11303090150000
    • Parcel number: 11303090010000
    • Zoning: MULTI
    • Special conditions: List Broker Must Accompany
    • Other equipment: TV-Cable, Ceiling Fan(s)

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Farmhouse
    • Property subtype: Multi Family
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1895
    Details
    • Builder model: FARMHOUSE

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Park, Sidewalks, Street Lights
    • Subdivision: Lakewood Heights
    Location
    • Region: Mundelein

    Financial & listing details

    • Tax assessed value: $193,141
    • Annual tax amount: $7,260
    • Date on market: 2/26/2025
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/11/2025Sold$365,000-2.7%
    Source: MRED as distributed by MLS GRID #12298822 Report a problem
    3/13/2025Contingent$375,000
    Source: MRED as distributed by MLS GRID #12298869 Report a problem
    2/26/2025Listed for sale$375,000+74.4%
    Source: MRED as distributed by MLS GRID #12298822 Report a problem
    6/24/2015Listing removed$215,000
    Source: Stedmans Real Estate #08932941 Report a problem
    5/8/2015Price change$215,000-14%
    Source: Stedmans Real Estate #08550028 Report a problem
    1/7/2015Price change$250,000-16.4%
    Source: Stedman's Real Estate #08619672 Report a problem
    12/11/2014Listed for sale$299,000
    Source: Stedman's Real Estate #08619672 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,533 +5.4%$69,986 +8.7%
    2023$5,248 -2.1%$64,374 +11.7%
    2022$5,363 +3.1%$57,646 +4%
    2021$5,203 +8.5%$55,407 +9.1%
    2020$4,796 +12.3%$50,765 +11.1%
    2019$4,271 +2.1%$45,711 +0.4%
    2018$4,184 $45,527 +3.3%
    2017$4,184 +7%$44,090 +5.5%
    2016$3,911 -0.5%$41,803 +7%
    2015$3,931 -19.7%$39,072 +1.4%
    2014$4,898 +2.7%$38,548 -20.7%
    2012$4,767 -21.8%$48,604 -30.2%
    2011$6,097 +4.3%$69,586 -5%
    2010$5,848 +4.5%$73,248 -4.6%
    2009$5,594 -2.2%$76,808 -3%
    2008$5,720 +26.6%$79,208 +3.5%
    2006$4,518 +2.8%$76,500
    2005$4,396 +1%--
    2004$4,351 +5.6%--
    2003$4,122 +13%--
    2002$3,649 --
    2001-- $42,596 +2.6%
    2000$3,224 $41,521
    Find assessor info on the county website

    Neighborhood: 60060

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Washington Early Learning Center
    • Middle: Carl Sandburg Middle School
    • High: Mundelein Cons High School
    • District: 75

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $384,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $384,400