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  • $315,000

    40 Cedar Ave, Lake Villa, IL 60046

    3beds
    2,121sqft
    Single Family Residence
    Built in 1904
    0.46 Acres Lot
    $395,300 Zestimate®
    $149/sqft
    $2,872 Estimated rent

    Home value

    $395,300

    $368,000 - $427,000

    $2,872/mo

    Zestimate® history
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    What's special

    Sturdy wallsMeticulous landscapingSpacious islandNew windowsCoffered ceilingsHardwood floorsEuropean hand-laid flooring
    Discover Your Dream Home in the Heart of Lake Villa! Potential for a Home Business!!! Nestled in a picturesque location, this captivating home is a masterpiece of craftsmanship, boasting a rich history dating back to 1904. Impeccably designed by two talented carpenters, this residence exudes timeless elegance and charm. As you approach, the meticulous landscaping and sophisticated curb appeal extend a warm invitation to your new abode. The European hand-laid flooring, sturdy walls, and foundation evoke a sense of permanence, like the architectural brilliance of Frank Lloyd Wright. Step inside, and you'll be instantly captivated by the remodeled kitchen, a true showstopper. It features granite countertops, stainless steel appliances, modern 42" cabinets, and a spacious island, creating a perfect focal point for both quick meals and memorable gatherings. Notably, the renovations were thoughtfully executed to preserve the home's original hand-crafted charm, including a built-in with drawers designed for spices and condiments. Hardwood floors gracefully flow throughout the main level, seamlessly connecting to the office and generously sized bedrooms. The convenience of a first-floor laundry room adds to the home's practicality. The full basement eagerly awaits your creative touch - envision a wine tasting room nestled in its own unique location or additional bedrooms, all while taking advantage of an existing full bathroom just needing a little TLC. The second floor offers versatility, whether you choose to convert it into an extra bedroom or maintain it as a vibrant playroom paradise for kids. Spend the days enjoying the enclosed front porch/sunroom, with its two ceiling fans providing the perfect atmosphere for sipping coffee, watching parades, or simply reveling in the soothing sounds of nature. In the evenings, cozy up by the fireplace, unwind with a movie, or engage in a spirited game of cards in your luxurious living room. An array of spaces invites you to explore and make your own, including a private patio/courtyard overlooking the serene backyard. The owner has invested approximately $60,000 in updates and upgrades, ensuring your comfort and peace of mind. Recent improvements include fresh paint. New water heater. New plumbing in the main floor bathrooms. New asphalt driveway and concrete floor in garage. Newly refinished hardwood floors throughout. New windows in Laundry Room. All complimenting the gorgeous original wood doors and hardware. One-of-a-Kind Built-ins in the Dining Room and Kitchen. Coffered Ceilings and Crown Molding. Brick Fireplace. This is where memories are made, relationships are strengthened & milestones are celebrated! Just steps to all things Lake Villa including the shimmering Cedar Lake & Lehmann Park, restaurants, shops, and the Metra. This is truly Luxury for Less.

    Zillow last checked:

    Listing updated:

    Listed by:

    Connie Olker 847-456-7396,

    @properties Christie's International Real Estate

    Bought with:

    Jamie Hering, CSC

    Coldwell Banker Realty

    Source: MRED as distributed by MLS GRID,MLS#: 11904861MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Play Room, Foyer, Sun Room
    Primary bedroom
    • Features: Flooring (Hardwood), Window Treatments (Blinds)
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 14X12
    Bedroom 2
    • Features: Flooring (Hardwood), Window Treatments (Blinds)
    • Level: Main
    • Area: 240 Square Feet
    • Dimensions: 15X16
    Bedroom 3
    • Features: Flooring (Hardwood), Window Treatments (Blinds)
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 15X12
    Dining room
    • Features: Flooring (Hardwood), Window Treatments (Bay Window(s), Blinds)
    • Level: Main
    • Area: 238 Square Feet
    • Dimensions: 14X17
    Foyer
    • Features: Flooring (Hardwood), Window Treatments (Blinds)
    • Level: Main
    • Area: 98 Square Feet
    • Dimensions: 14X7
    Kitchen
    • Features: Kitchen (Eating Area-Breakfast Bar, Island, Pantry-Butler, Pantry-Closet, Custom Cabinetry, Granite Counters, Updated Kitchen), Flooring (Ceramic Tile), Window Treatments (Blinds)
    • Level: Main
    • Area: 320 Square Feet
    • Dimensions: 20X16
    Laundry
    • Features: Flooring (Ceramic Tile)
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10X10
    Living room
    • Features: Flooring (Hardwood), Window Treatments (Blinds)
    • Level: Main
    • Area: 368 Square Feet
    • Dimensions: 23X16
    Play room
    • Level: Second
    • Area: 630 Square Feet
    • Dimensions: 35X18
    Sun room
    • Level: Main
    • Area: 264 Square Feet
    • Dimensions: 22X12
    Heating
    • Radiant
    Cooling
    • None
    Appliances
    • Included: Range, Microwave, Refrigerator, Washer, Dryer
    • Laundry: Main Level, In Unit
    Features
    • Cathedral Ceiling(s), Dry Bar, 1st Floor Bedroom, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Coffered Ceiling(s), Open Floorplan, Granite Counters, Separate Dining Room, Workshop
    • Flooring: Hardwood, Laminate, Wood
    • Windows: Screens, Drapes
    • Basement: Unfinished,Full
    • Attic: Interior Stair,Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning, Living Room
    Interior area
    • Total structure area: 4,242
    • Total interior livable area: 2,121 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Asphalt, Garage Door Opener, Garage, On Site, Garage Owned, Detached, Driveway, Owned
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 1.5
    • Patio & porch: Patio, Screened
    • Fencing: Partial
    Lot
    • Size: 0.46 Acres
    • Dimensions: 125 X 200
    • Features: Landscaped, Mature Trees
    Details
    • Parcel number: 02333050160000
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Synthetic Stucco, Stucco
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1904
    • Major remodel year: 2018
    Details
    • Builder model: CUSTOM

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
    HOA
    • Services included: None
    Location
    • Region: Lake Villa

    Financial & listing details

    • Price per square foot: $149/sqft
    • Tax assessed value: $32,631
    • Annual tax amount: $5,948
    • Date on market: 10/20/2023
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/5/2023Sold$315,000-3.1%$149/sqft
    Source: MRED as distributed by MLS GRID #11904861 Report a problem
    11/26/2023Pending sale$325,000$153/sqft
    Source: MRED as distributed by MLS GRID #11904861 Report a problem
    11/4/2023Contingent$325,000$153/sqft
    Source: MRED as distributed by MLS GRID #11904861 Report a problem
    10/20/2023Listed for sale$325,000+1.6%$153/sqft
    Source: MRED as distributed by MLS GRID #11904861 Report a problem
    5/14/2022Listing removed--
    Source: MRED as distributed by MLS GRID #11235563 Report a problem
    5/13/2022Listed for sale$319,900$151/sqft
    Source: MRED as distributed by MLS GRID #11235563 Report a problem
    3/20/2022Contingent$319,900$151/sqft
    Source: MRED as distributed by MLS GRID #11235563 Report a problem
    12/17/2021Listed for sale$319,900$151/sqft
    Source: MRED as distributed by MLS GRID #11235563 Report a problem
    12/15/2021Contingent$319,900$151/sqft
    Source: MRED as distributed by MLS GRID #11235563 Report a problem
    10/1/2021Listed for sale$319,900+88.2%$151/sqft
    Source: MRED as distributed by MLS GRID #11235563 Report a problem
    4/10/1997Sold$170,000$80/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,053 +4.2%$11,666 +7.3%
    2023$1,011 +0.1%$10,876 +13.2%
    2022$1,009 +4.7%$9,609 +3.2%
    2021$964 +1.9%$9,310 +11.2%
    2020$945 -7.6%$8,371 +4%
    2019$1,023 -3.1%$8,046 -10.3%
    2018$1,055 $8,973 +2.7%
    2017$1,055 +1.5%$8,733 +4.2%
    2016$1,040 -17.2%$8,379 +7.1%
    2015$1,256 -16.7%$7,826 -35.8%
    2014$1,507 +8.7%$12,183 -0.5%
    2012$1,386 -9.5%$12,242 -18.9%
    2011$1,531 +6.6%$15,097 -3.4%
    2010$1,436 +4.3%$15,633 -5%
    2009$1,376 -5.2%$16,448 -6.7%
    2008$1,451 +64.9%$17,635 +12%
    2006$880 +6.3%$15,750
    2005$828 +4.9%--
    2004$789 +3.3%--
    2003$764 +0.7%--
    2002$759 +1.4%--
    2001$749 -0.6%$9,165 +0.8%
    2000$753 $9,093
    Find assessor info on the county website

    Neighborhood: 60046

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Olive C Martin School
    • Middle: Peter J Palombi School
    • High: Lakes Community High School
    • 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
    $395,300
    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
    $395,300