Welcome to this wonderful 5-bedroom, 2.1-bathroom home that has been lovingly cared for and is ready for its new owners! Ideally situated in a fabulous neighborhood, this spacious 3,021 square foot home is just a short walk to downtown Libertyville, top-rated schools, and local parks. Step inside to find gleaming hardwood floors throughout most of the main level. Enjoy a bright and inviting living room, a separate formal dining room, and a flexible main-floor room perfect as a bedroom, home office, or playroom. The heart of the home is the expanded family room, featuring a charming brick wood-burning fireplace and custom built-in bookcase. The kitchen offers an island, a generous eat-in area, and direct access to the brick paver patio, perfect for outdoor entertaining. Upstairs, you'll find four spacious bedrooms and two full bathrooms, including a large primary suite. The finished basement adds even more living space with a sizable recreation room and excellent storage. Don't miss this opportunity to own a beautiful home in one of Libertyville's most desirable neighborhoods!
Closed
$642,000
508 Fairlawn Ave, Libertyville, IL 60048
5beds
3,024sqft
Single Family Residence
Built in 1975
10,497 Square Feet Lot
$337,900 Zestimate®
$212/sqft
$5,342 Estimated rent
Home value
$337,900
$304,000 - $375,000
$5,342/mo
Zestimate® history
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$4,105/mo
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Samantha Trace 847-295-0700,
@properties Christie's International Real Estate,
Lisa Trace 708-710-4104,
@properties Christie's International Real Estate
Bought with:
Elizabeth Bryant
Baird & Warner
Source: MRED as distributed by MLS GRID,MLS#: 12426095
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom 5, Eating Area, Recreation Room, Storage
Primary bedroom
- Features: Flooring (Carpet), Bathroom (Full)
- Level: Second
- Area: 252 Square Feet
- Dimensions: 12X21
Bedroom 2
- Features: Flooring (Carpet)
- Level: Second
- Area: 165 Square Feet
- Dimensions: 11X15
Bedroom 3
- Features: Flooring (Carpet)
- Level: Second
- Area: 170 Square Feet
- Dimensions: 10X17
Bedroom 4
- Features: Flooring (Carpet)
- Level: Second
- Area: 165 Square Feet
- Dimensions: 15X11
Bedroom 5
- Level: Main
- Area: 216 Square Feet
- Dimensions: 12X18
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12X13
Eating area
- Features: Flooring (Hardwood)
- Level: Main
- Area: 216 Square Feet
- Dimensions: 12X18
Family room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 336 Square Feet
- Dimensions: 14X24
Kitchen
- Features: Kitchen (Eating Area-Table Space, Island, Breakfast Room), Flooring (Hardwood)
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12X15
Laundry
- Level: Main
- Area: 63 Square Feet
- Dimensions: 7X9
Living room
- Features: Flooring (Carpet)
- Level: Main
- Area: 224 Square Feet
- Dimensions: 14X16
Recreation room
- Features: Flooring (Carpet)
- Level: Basement
- Area: 325 Square Feet
- Dimensions: 25X13
Storage
- Level: Basement
- Area: 1073 Square Feet
- Dimensions: 37X29
Heating
- Natural Gas
Cooling
- Central Air
Features
- Basement: Partially Finished,Full
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Family Room
Interior area
- Total structure area: 0
- Total interior livable area: 3,024 sqft
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
Lot
- Size: 10,497 Square Feet
Details
- Parcel number: 11213080190000
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1975
- Major remodel year: 1993
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
HOA
- Services included: None
Location
- Region: Libertyville
Financial & listing details
- Price per square foot: $212/sqft
- Tax assessed value: $604,486
- Annual tax amount: $11,845
- Date on market: 7/21/2025
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $642,000-1.2%$212/sqft |
Source:  MRED as distributed by MLS GRID #12426095 Report a problem | ||
| 8/23/2025 | Pending sale | $650,000$215/sqft |
Source: MRED as distributed by MLS GRID #12426095 Report a problem | ||
| 7/25/2025 | Contingent | $650,000$215/sqft |
Source: MRED as distributed by MLS GRID #12426095 Report a problem | ||
| 7/21/2025 | Price change | $650,000-4.3%$215/sqft |
Source: MRED as distributed by MLS GRID #12426095 Report a problem | ||
| 6/22/2025 | Listed for sale | $679,000$225/sqft |
Source: MRED as distributed by MLS GRID #12395070 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,347 -4.2% | $216,951 +7.7% |
| 2023 | $11,845 -12.2% | $201,475 +8.4% |
| 2022 | $13,497 +3.9% | $185,828 +3.4% |
| 2021 | $12,987 +4% | $179,767 +3.9% |
| 2020 | $12,492 +2.5% | $172,940 +1% |
| 2019 | $12,183 +15.4% | $171,295 +9.1% |
| 2018 | $10,560 | $156,962 +3.3% |
| 2017 | $10,560 +4.9% | $152,006 +5.5% |
| 2016 | $10,066 -7.8% | $144,123 +7% |
| 2015 | $10,916 +0.4% | $134,707 -6.9% |
| 2014 | $10,875 +2.6% | $144,697 +1.1% |
| 2012 | $10,595 +1.5% | $143,091 -9.8% |
| 2011 | $10,442 -1.5% | $158,628 -3.9% |
| 2010 | $10,601 +8% | $165,039 -0.7% |
| 2009 | $9,818 -1.3% | $166,135 -1.6% |
| 2008 | $9,948 +8.1% | $168,878 +3.5% |
| 2006 | $9,206 +4.4% | $163,104 |
| 2005 | $8,820 +6.1% | -- |
| 2004 | $8,312 +3% | -- |
| 2003 | $8,071 +11.7% | -- |
| 2002 | $7,223 +5.8% | -- |
| 2001 | $6,825 -5.8% | $97,407 -5.5% |
| 2000 | $7,244 | $103,124 |
Find assessor info on the county website
Neighborhood: 60048
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Nearby schools
GreatSchools rating
- 7/10Rockland Elementary SchoolGrades: K-5Distance: 0.5 mi
- 7/10Highland Middle SchoolGrades: 6-8Distance: 0.4 mi
- 9/10Libertyville High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Rockland Elementary School
- Middle: Highland Middle School
- High: Libertyville High School
- District: 70
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
$337,900
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Estimated market value
$337,900
- Illinois
- Lake County
- Libertyville
- 60048
- 508 Fairlawn Ave
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