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Closed
    • $175,000

    38867 N Lakewood Ave, Lake Villa, IL 60046

    3beds
    1,080sqft
    Single Family Residence
    Built in 1970
    0.47 Acres Lot
    $296,500 Zestimate®
    $162/sqft
    $2,571 Estimated rent

    Home value

    $296,500

    $264,000 - $326,000

    $2,571/mo

    Zestimate® history
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    $1,378/mo

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    What's special

    Full partially finished basement
    Investor opportunity in Lake Villa! This 3-bedroom, 1.5 bath home features a 2-car garage and a full partially finished basement, offering great potential for additional living space. Property is being sold as-is and presents a strong opportunity for renovation or rental income. Ideal for investors or buyers looking to add value. Convenient location with access to local amenities and major roadways.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher Lobrillo, SRES 630-423-7989,

    Grandview Realty, LLC,

    Lynda Sanchez-Werner 630-673-8004,

    Grandview Realty, LLC

    Bought with:

    Jose Mejia

    New Century Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12550689MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Eating Area, Other Room
    Primary bedroom
    • Features: Flooring (Other)
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 11X13
    Bedroom 2
    • Features: Flooring (Other)
    • Level: Main
    • Area: 99 Square Feet
    • Dimensions: 11X9
    Bedroom 3
    • Features: Flooring (Other)
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11X11
    Eating area
    • Features: Flooring (Vinyl)
    • Level: Main
    • Area: 64 Square Feet
    • Dimensions: 8X8
    Kitchen
    • Features: Flooring (Vinyl)
    • Level: Main
    • Area: 104 Square Feet
    • Dimensions: 13X8
    Living room
    • Features: Flooring (Other)
    • Level: Main
    • Area: 225 Square Feet
    • Dimensions: 15X15
    Other
    • Features: Flooring (Vinyl)
    • Level: Basement
    • Area: 220 Square Feet
    • Dimensions: 22X10
    Heating
    • Steam
    Cooling
    • Central Air
    Features
    • Basement: Partially Finished,Full
    Interior area
    • Total structure area: 0
    • Total interior livable area: 1,080 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Yes, Detached, Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 1
    Lot
    • Size: 0.47 Acres
    Details
    • Parcel number: 02321020320000
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    HOA
    • Services included: None
    Location
    • Region: Lake Villa

    Financial & listing details

    • Price per square foot: $162/sqft
    • Tax assessed value: $205,785
    • Annual tax amount: $5,244
    • Date on market: 1/23/2026
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/13/2026Sold$175,000+16.7%$162/sqft
    Source: MRED as distributed by MLS GRID #12550689 Report a problem
    1/28/2026Contingent$149,900$139/sqft
    Source: MRED as distributed by MLS GRID #12550689 Report a problem
    1/23/2026Listed for sale$149,900$139/sqft
    Source: MRED as distributed by MLS GRID #12550689 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,244 +6.1%$73,574 +7.3%
    2023$4,943 +1.2%$68,588 +13.2%
    2022$4,886 +6%$60,601 +6.6%
    2021$4,607 +2.4%$56,851 +11.2%
    2020$4,498 -8.3%$51,119 +4.1%
    2019$4,904 +54.9%$49,129 +17.5%
    2018$3,165 $41,821 +2.7%
    2017$3,165 +5.4%$40,706 +4.2%
    2016$3,004 -2.2%$39,058 +7.1%
    2015$3,070 +4%$36,479 -2.3%
    2014$2,950 -12.3%$37,330 -0.5%
    2012$3,364 +11.5%$37,510 -17.4%
    2011$3,017 +80.7%$45,429 +11.8%
    2010$1,669 +7.5%$40,631 +3.9%
    2009$1,553 -0.7%$39,116 +3.1%
    2008$1,564 -2%$37,954 +3%
    2006$1,596 -0.5%$36,860
    2005$1,604 -2.7%--
    2004$1,648 -9%--
    2003$1,812 +0.9%--
    2002$1,795 +2.4%--
    2001$1,753 -0.6%$29,358 +0.8%
    2000$1,763 $29,125
    Find assessor info on the county website

    Neighborhood: 60046

    Nearby homes

    Nearby schools

    GreatSchools rating
    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
    $296,500
    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
    $296,500

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