Stunning updated duplex townhome located in the highly coveted Lakewood Village! No association fees! Completely rehabbed in 2024, this beautifully updated home offers a modern, move-in-ready design with thoughtful finishes throughout. The open and functional layout features brand new engineered hardwood floors, a stunning kitchen with quartz countertops, abundant cabinet space, new appliances, and spacious living and dining areas perfect for everyday living and entertaining. The second level includes a bright open loft overlooking the main living area currently used as a second living area or office, but easily convertible to a 3rd bedroom. Generous bedroom sizes include a primary suite with a walk-in shower, a second full bath with a soaking tub, and an additional powder room on the main level. Enjoy outdoor living with a fully enclosed yard and patio, along with the convenience of a 2-car garage and driveway parking. Major mechanical updates include furnace, A/C, and water heater (2021), roof (2024), and appliances (2022-2023). Investor friendly with no rental restrictions. Located in the highly rated Hawthorn District 73 (K-8) schools, with an unbeatable location close to parks, shopping, dining, and just 4 minutes to the Metra for an easy commute. A truly special home you won't want to miss!
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$385,000
1431 Derby Ln, Mundelein, IL 60060
2beds
1,566sqft
Duplex, Single Family Residence
Built in 1994
-- sqft lot
$386,300 Zestimate®
$246/sqft
$2,513 Estimated rent
Home value
$386,300
$352,000 - $421,000
$2,513/mo
Zestimate® history
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List your homeWhat's special
Thoughtful finishes throughoutModern move-in-ready designGenerous bedroom sizesAbundant cabinet spaceStunning updated duplex townhomeOpen and functional layoutNew appliances
Zillow last checked:
Listing updated:
Listed by:
Jamie Stoner 773-218-9044,
Compass
Bought with:
David Pickard, ABR,PSA
RE/MAX Suburban
Source: MRED as distributed by MLS GRID,MLS#: 12588693
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Loft
Primary bedroom
- Features: Flooring (Carpet), Bathroom (Full)
- Level: Second
- Area: 192 Square Feet
- Dimensions: 16X12
Bedroom 2
- Features: Flooring (Carpet)
- Level: Second
- Area: 121 Square Feet
- Dimensions: 11X11
Dining room
- Features: Flooring (Engineered Hardwood)
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14X11
Family room
- Features: Flooring (Engineered Hardwood)
Kitchen
- Features: Flooring (Engineered Hardwood), Window Treatments (Blinds)
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12X11
Laundry
- Features: Flooring (Linoleum)
- Level: Second
- Area: 54 Square Feet
- Dimensions: 9X6
Living room
- Features: Flooring (Engineered Hardwood)
- Level: Main
- Area: 228 Square Feet
- Dimensions: 19X12
Loft
- Features: Flooring (Carpet)
- Level: Second
- Area: 180 Square Feet
- Dimensions: 18X10
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Upper Level, Gas Dryer Hookup, In Unit
Features
- Cathedral Ceiling(s), Quartz Counters
- Windows: Screens
- Basement: None
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 1,566
- Total interior livable area: 1,566 sqft
Property
Parking
- Total spaces: 4
- Parking features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Owned, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Patio & porch: Patio
- Fencing: Fenced
Lot
- Size: 3,746 Square Feet
- Dimensions: 33.45 X 112
Details
- Additional structures: None
- Parcel number: 15051080250000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Single Family Residence
Materials
- Vinyl Siding, Brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1994
Details
- Builder model: DUPLEX
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Lakewood Village
HOA
- Amenities included: Fencing
- Services included: None
Location
- Region: Mundelein
Financial & listing details
- Price per square foot: $246/sqft
- Tax assessed value: $281,044
- Annual tax amount: $8,048
- Date on market: 3/25/2026
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Sold | $385,000+10%$246/sqft |
Source:  MRED as distributed by MLS GRID #12588693 Report a problem | ||
| 3/29/2026 | Contingent | $350,000$223/sqft |
Source: MRED as distributed by MLS GRID #12588693 Report a problem | ||
| 3/25/2026 | Listed for sale | $350,000+33.3%$223/sqft |
Source: MRED as distributed by MLS GRID #12588693 Report a problem | ||
| 5/3/2021 | Sold | $262,500+5%$168/sqft |
Source: MRED as distributed by MLS GRID #11032217 Report a problem | ||
| 3/31/2021 | Pending sale | $250,000$160/sqft |
Source:  RE/MAX International #11032217 Report a problem | ||
| 3/30/2021 | Contingent | $250,000$160/sqft |
Source: MRED as distributed by MLS GRID #11032217 Report a problem | ||
| 3/25/2021 | Listed for sale | $250,000-1.6%$160/sqft |
Source: MRED as distributed by MLS GRID #11032217 Report a problem | ||
| 11/14/2005 | Sold | $254,000+3.7%$162/sqft |
Source: Public Record Report a problem | ||
| 5/26/2004 | Sold | $245,000+14%$156/sqft |
Source: Public Record Report a problem | ||
| 4/16/2003 | Sold | $215,000+15.3%$137/sqft |
Source: Public Record Report a problem | ||
| 2/6/2001 | Sold | $186,500+29.5%$119/sqft |
Source: Public Record Report a problem | ||
| 1/25/1995 | Sold | $144,000$92/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,048 +1.5% | $101,355 +8.2% |
| 2023 | $7,931 +13.3% | $93,672 +6% |
| 2022 | $7,001 +2.5% | $88,386 +15.4% |
| 2021 | $6,828 -0.4% | $76,559 +0.7% |
| 2020 | $6,856 -2.3% | $75,993 -2.6% |
| 2019 | $7,018 +5.3% | $78,060 +4.2% |
| 2018 | $6,663 | $74,942 +2.4% |
| 2017 | $6,663 +6.4% | $73,193 +4.4% |
| 2016 | $6,262 +5.3% | $70,088 +6.9% |
| 2015 | $5,949 +3.7% | $65,545 +6.9% |
| 2014 | $5,736 +1.8% | $61,311 -0.2% |
| 2012 | $5,636 +2.9% | $61,434 -9.2% |
| 2011 | $5,476 -14% | $67,622 -19.8% |
| 2010 | $6,370 +3.4% | $84,271 -5.2% |
| 2009 | $6,160 +3.4% | $88,940 +2.4% |
| 2008 | $5,957 +8.8% | $86,818 +3.3% |
| 2006 | $5,473 +3.8% | $84,029 |
| 2005 | $5,275 | -- |
| 2004 | $5,275 +105.7% | -- |
| 2003 | $2,565 -44.5% | -- |
| 2002 | $4,621 +7.7% | -- |
| 2001 | $4,289 +3.3% | $54,975 +5.8% |
| 2000 | $4,154 | $51,964 |
Find assessor info on the county website
Neighborhood: 60060
Nearby homes
- $368,3002 bd2 ba1.4k sqft1435 Derby Ln, Mundelein, IL 60060Off Market
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- $426,400-- bd2 ba1.6k sqft1436 Newport St, Mundelein, IL 60060Off Market
Nearby schools
GreatSchools rating
- 7/10Hawthorn Elementary School SouthGrades: 1-5Distance: 0.4 mi
- 5/10Hawthorn Middle School SouthGrades: 6-8Distance: 0.4 mi
- 7/10Mundelein Cons High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- Elementary: Hawthorn Elementary School (Sout
- Middle: Hawthorn Middle School South
- High: Mundelein Cons High School
- District: 73
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
$386,300
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Estimated market value
$386,300
- Illinois
- Lake County
- Mundelein
- 60060
- 1431 Derby Ln
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