Chain O' Lakes community with water rights to the Chain! Charming 1 story home with views of Petite Lake from 2 huge picture windows. This charming walk-out Ranch home offers 3 comfortable Bedrooms and 2 1/2 baths, finished basement, workshop, shed, screen in porch, fireplace, dining area, eat-in kitchen and a dry bar area. Enjoy lake life without the high taxes. Property runs up to HOA area that keeps taxes low. Subdivision offers a launch area for your boat into the chain paid separately to the HOA. Home is on well and city sewer.
Closed
$305,000
24927 W Forest Dr, Lake Villa, IL 60046
3beds
1,126sqft
Single Family Residence
Built in 1933
-- sqft lot
$295,800 Zestimate®
$271/sqft
$2,681 Estimated rent
Home value
$295,800
$281,000 - $311,000
$2,681/mo
Zestimate® history
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List your homeWhat's special
Charming walk-out ranch homeFinished basementDry bar areaEat-in kitchenDining areaScreen in porch
Zillow last checked:
Listing updated:
Listed by:
Nikki Nielsen 847-652-3786,
Keller Williams North Shore West
Bought with:
Bob Linke
Village Realty
Source: MRED as distributed by MLS GRID,MLS#: 12569843
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Eating Area, Workshop, Screened Porch
Primary bedroom
- Features: Flooring (Carpet), Bathroom (Full)
- Level: Main
- Area: 224 Square Feet
- Dimensions: 16X14
Bedroom 2
- Features: Flooring (Parquet)
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12X11
Bedroom 3
- Features: Flooring (Parquet)
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12X9
Dining room
- Features: Flooring (Parquet)
- Level: Main
- Area: 104 Square Feet
- Dimensions: 13X8
Eating area
- Features: Flooring (Tile)
- Level: Main
- Area: 77 Square Feet
- Dimensions: 11X7
Family room
- Features: Flooring (Other)
- Level: Basement
- Area: 272 Square Feet
- Dimensions: 17X16
Kitchen
- Features: Kitchen (Eating Area-Table Space), Flooring (Ceramic Tile)
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Laundry
- Level: Basement
- Area: 25 Square Feet
- Dimensions: 5X5
Living room
- Features: Flooring (Parquet)
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14X13
Screened porch
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Other
- Level: Basement
- Area: 112 Square Feet
- Dimensions: 16X7
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator, Washer, Dryer, Range Hood
Features
- Basement: Finished,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 1,678
- Total interior livable area: 1,126 sqft
- Finished area below ground: 552
Property
Parking
- Total spaces: 4
- Parking features: Asphalt, Driveway, Yes, Owned
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Dimensions: 46x172x50x175
- Features: Water Rights
Details
- Additional structures: Shed(s)
- Parcel number: 02301040270000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1933
Details
- Builder model: Ranch
Utilities & green energy
- Sewer: Public Sewer
- Water: Well
Community & HOA
Community
- Subdivision: Petite Lake Highwoods
HOA
- Has HOA: Yes
- Services included: Lake Rights
- HOA fee: $200 annually
Location
- Region: Lake Villa
Financial & listing details
- Price per square foot: $271/sqft
- Tax assessed value: $243,928
- Annual tax amount: $6,345
- Date on market: 2/20/2026
- Listing terms: Conventional
- Ownership: Fee Simple w/ HO Assn.
- Has irrigation water rights: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Sold | $305,000+5.2%$271/sqft |
Source:  MRED as distributed by MLS GRID #12569843 Report a problem | ||
| 2/26/2026 | Contingent | $289,900$257/sqft |
Source: MRED as distributed by MLS GRID #12569843 Report a problem | ||
| 2/20/2026 | Listed for sale | $289,900+52.6%$257/sqft |
Source: MRED as distributed by MLS GRID #12569843 Report a problem | ||
| 12/4/2003 | Sold | $190,000+56.4%$169/sqft |
Source: Public Record Report a problem | ||
| 3/16/2000 | Sold | $121,500$108/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,345 +5.8% | $87,212 +7.3% |
| 2023 | $5,998 -0.3% | $81,301 +13.2% |
| 2022 | $6,017 +5.9% | $71,833 +4.7% |
| 2021 | $5,683 +2.4% | $68,620 +11.2% |
| 2020 | $5,553 -8.3% | $61,702 +4.1% |
| 2019 | $6,058 +6.1% | $59,300 -3.1% |
| 2018 | $5,710 | $61,221 +2.7% |
| 2017 | $5,710 +2.2% | $59,588 +4.2% |
| 2016 | $5,588 -2.4% | $57,175 +7.1% |
| 2015 | $5,727 +4.2% | $53,399 -3.1% |
| 2014 | $5,496 +7.8% | $55,123 -0.5% |
| 2012 | $5,096 +4.7% | $55,388 -5.5% |
| 2011 | $4,865 +6.5% | $58,640 -3.4% |
| 2010 | $4,568 +3.9% | $60,722 -4.9% |
| 2009 | $4,398 +4.3% | $63,884 +3.1% |
| 2008 | $4,219 +32.3% | $61,988 +21.1% |
| 2006 | $3,189 +7.2% | $51,180 |
| 2005 | $2,975 +6% | -- |
| 2004 | $2,807 | -- |
| 2003 | -- | -- |
| 2002 | $2,794 +7.9% | -- |
| 2001 | $2,588 -0.7% | $38,721 +0.8% |
| 2000 | $2,606 | $38,414 |
Find assessor info on the county website
Neighborhood: 60046
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Nearby schools
GreatSchools rating
- 6/10Olive C Martin SchoolGrades: PK-5Distance: 0.7 mi
- 5/10Peter J Palombi SchoolGrades: 6-8Distance: 2.7 mi
- 8/10Lakes Community High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- District: 41
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
$295,800
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Estimated market value
$295,800
- Illinois
- Lake County
- Lake Villa
- 60046
- 24927 W Forest Dr
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