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  • $295,000

    37 Terrace Ln APT F, Lake Zurich, IL 60047

    2beds
    1,300sqft
    Townhouse, Single Family Residence
    Built in 1990
    -- sqft lot
    $299,100 Zestimate®
    $227/sqft
    $2,422 Estimated rent

    Home value

    $299,100

    $269,000 - $332,000

    $2,422/mo

    Zestimate® history
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    What's special

    Cozy fireplaceIn-unit laundryProfessionally cleaned interiorBrand-new stoveFull primary bathroom
    On the Market for the first time in 30 years! Welcome to this beautifully maintained and refreshed 2-Bedroom & 2 1/2-Bathroom Townhome perfectly situated in the heart of Lake Zurich! Step inside to find a bright and inviting living space featuring a cozy fireplace, and seamless access to a private outdoor area-perfect for relaxing or entertaining. The entire unit has been freshly painted from walls to ceilings (2026), creating a clean and peaceful feel throughout.The Kitchen offers ample cabinetry and counter space, along with a brand-new stove (2026), making it ideal for everyday living. Eat-In dining space is filled with natural light, creating a warm and welcoming atmosphere. The second floor features brand-new carpet (2026), adding comfort and a fresh touch to the living quarters. Primary Bedroom with Vaulted Ceilings includes a full Primary Bathroom. The Second Bedroom includes a full bathroom as well! Perfect for Roommates or Guests. Additional highlights include unfinished basement, ready to be finished and remodeled to fit your ideal lifestyle. In-Unit Laundry, and a professionally cleaned interior-truly move-in ready for the next owner. 1 Car Detached Garage with a driveway that fits 2 additional cars. Located in a highly desirable and central Lake Zurich location, this home offers easy access to shopping, dining, parks, and top-rated schools. Don't miss the opportunity to own a beautifully updated home in a prime location!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kim Alden 847-306-6158,

    Compass,

    Lucero Mateos 847-909-6708,

    Compass

    Bought with:

    Tom Udvance

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 12642710MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: No additional rooms
    Primary bedroom
    • Features: Flooring (Carpet), Bathroom (Full)
    • Level: Main
    • Area: 196 Square Feet
    • Dimensions: 14X14
    Bedroom 2
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 15X12
    Dining room
    • Features: Flooring (Wood Laminate)
    Family room
    • Features: Flooring (Wood Laminate)
    • Level: Lower
    • Area: 520 Square Feet
    • Dimensions: 40X13
    Kitchen
    • Features: Kitchen (Eating Area-Table Space, Pantry-Closet, Updated Kitchen), Flooring (Wood Laminate)
    • Level: Main
    • Area: 238 Square Feet
    • Dimensions: 17X14
    Laundry
    • Features: Flooring (Other)
    • Level: Lower
    • Area: 220 Square Feet
    • Dimensions: 22X10
    Living room
    • Features: Flooring (Wood Laminate)
    • Level: Main
    • Area: 273 Square Feet
    • Dimensions: 21X13
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
    • Laundry: Washer Hookup
    Features
    • Cathedral Ceiling(s), 1st Floor Bedroom
    • Flooring: Hardwood
    • Windows: Screens, Skylight(s)
    • Basement: Unfinished,Full
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning, Gas Starter, Living Room
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,300 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Patio & porch: Patio
    Lot
    • Features: Common Grounds, Cul-De-Sac, Landscaped
    Details
    • Additional parcels included: 14203040400000
    • Parcel number: 14203040420000
    • Special conditions: None
    • Other equipment: TV-Cable, Sump Pump

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse, Single Family Residence
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer, Storm Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Terrace Lane
    HOA
    • Has HOA: Yes
    • Services included: Insurance, Lawn Care, Scavenger, Snow Removal
    • HOA fee: $280 monthly
    Location
    • Region: Lake Zurich

    Financial & listing details

    • Price per square foot: $227/sqft
    • Tax assessed value: $5,292
    • Annual tax amount: $4,689
    • Date on market: 5/13/2026
    • Listing terms: Conventional
    • Ownership: Condo

    Price history

    DateEventPrice
    6/29/2026Sold$295,000-1.3%$227/sqft
    Source: MRED as distributed by MLS GRID #12642710 Report a problem
    5/28/2026Contingent$299,000$230/sqft
    Source: MRED as distributed by MLS GRID #12642710 Report a problem
    5/13/2026Listed for sale$299,000-8%$230/sqft
    Source: MRED as distributed by MLS GRID #12642710 Report a problem
    4/30/2026Listing removed$325,000$250/sqft
    Source: MRED as distributed by MLS GRID #12568829 Report a problem
    4/21/2026Listed for sale$325,000+164.2%$250/sqft
    Source: MRED as distributed by MLS GRID #12568829 Report a problem
    5/5/1995Sold$123,000$95/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$135 +8.9%$1,934 +9.6%
    2023$124 -3.1%$1,764 +12%
    2022$128 +3.5%$1,575 -2.9%
    2021$123 +1.8%$1,622 +2.7%
    2020$121 +1.6%$1,580 +0.9%
    2019$119 -59.4%$1,566 -59.8%
    2018$294 $3,893 +1.2%
    2017$294 +3.1%$3,846 +3.3%
    2016$285 -7%$3,724 +5%
    2015$307 +0.8%$3,547 -5.2%
    2014$304 +5.3%$3,741 -0.2%
    2012$289 +6.2%$3,749 -3%
    2011$272 +8.8%$3,864 +0.5%
    2010$250 +4%$3,846 -4%
    2009$241 +2%$4,006 +2.1%
    2008$236 +31.9%$3,924 +0.7%
    2006$179 +19.9%$3,896
    2005$149 +4.9%--
    2004$142 +0.9%--
    2003$141 -39.7%--
    2002$233 -0.8%--
    2001$235 +10.7%$3,251 +2.7%
    2000$213 $3,166
    Find assessor info on the county website

    Neighborhood: 60047

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: May Whitney Elementary School
    • Middle: Lake Zurich Middle - N Campus
    • High: Lake Zurich High School
    • District: 95

    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
    $299,100
    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
    $299,100