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    • $274,900

    518 Rae Ave, Lake Villa, IL 60046

    3beds
    1,150sqft
    : 
    $2,009/mo
    Get pre-qualified
    Single Family Residence
    Built in 1935
    8,171 Square Feet Lot
    $268,300 Zestimate®
    $239/sqft
    $-- HOA

    What's special

    Beautiful quartz countertopsFreshly painted throughoutPlenty of cabinet spaceBright and inviting atmosphereUpdated kitchenCharming front porch
    Welcome to this spacious 3-bedroom, 1-bath ranch home! This move-in-ready home features brand-new hardwood flooring throughout the main living areas and new carpet in all three bedrooms. The updated kitchen offers beautiful quartz countertops and plenty of cabinet space. Freshly painted throughout, the home provides a bright and inviting atmosphere. Enjoy the charming front porch, perfect for relaxing or entertaining. Conveniently located in a great neighborhood, this home is an excellent opportunity for first-time buyers, downsizers, or investors. Don't miss your chance to make this wonderful home yours!
    5 days
    |
    411
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Manpreet Singh (847)887-9144,

    LPT Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12719769MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: No additional rooms
      Primary bedroom
      • Features: Flooring (Carpet)
      • Level: Main
      • Area: 168 Square Feet
      • Dimensions: 12X14
      Bedroom 2
      • Features: Flooring (Carpet)
      • Level: Main
      • Area: 168 Square Feet
      • Dimensions: 12X14
      Bedroom 3
      • Features: Flooring (Carpet)
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 10X12
      Dining room
      • Level: Main
      • Dimensions: COMBO
      Family room
      • Level: Main
      • Area: 224 Square Feet
      • Dimensions: 14X16
      Kitchen
      • Level: Main
      • Area: 192 Square Feet
      • Dimensions: 12X16
      Living room
      • Level: Main
      • Area: 192 Square Feet
      • Dimensions: 12X16
      Heating
      • Natural Gas, Forced Air
      Cooling
      • Central Air
      Features
      • Basement: None
      Interior area
      • Total structure area: 0
      • Total interior livable area: 1,150 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Brick Driveway, Yes, Garage Owned, Attached, Garage
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: No Disability Access
      Features
      • Stories: 1
      Lot
      • Size: 8,171 Square Feet
      • Dimensions: 75X109
      • Features: Corner Lot
      Details
      • Parcel number: 02321020130000
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Cedar
      Condition
      • New construction: No
      • Year built: 1935

      Utilities & green energy

      • Sewer: Holding Tank
      • Water: Well

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $239/sqft
      • Tax assessed value: $157,708
      • Annual tax amount: $4,308
      • Date on market: 7/30/2026
      • Ownership: Fee Simple

        Estimated market value

        $268,300

        $255,000 - $282,000

        $2,320/mo

        Price history

        DateEventPrice
        7/30/2026Listed for sale$274,900$239/sqft
        Source: MRED as distributed by MLS GRID #12719769 Report a problem
        7/30/2026Listing removed$274,900$239/sqft
        Source: MRED as distributed by MLS GRID #12705010 Report a problem
        7/15/2026Listed for sale$274,900+89.6%$239/sqft
        Source: MRED as distributed by MLS GRID #12705010 Report a problem
        6/10/2026Sold$145,000$126/sqft
        Source: Public Record Report a problem
        1/29/2021Sold$145,000-5.2%$126/sqft
        Source: MRED as distributed by MLS GRID #10907438 Report a problem
        1/1/2021Contingent$152,999$133/sqft
        Source: MRED as distributed by MLS GRID #10907438 Report a problem
        12/3/2020Pending sale$152,999$133/sqft
        Source: New Century Real Estate #10907438 Report a problem
        11/23/2020Price change$152,999-0.6%$133/sqft
        Source: New Century Real Estate #10907438 Report a problem
        11/16/2020Price change$153,999-0.6%$134/sqft
        Source: New Century Real Estate #10907438 Report a problem
        11/9/2020Price change$154,999-3.1%$135/sqft
        Source: New Century Real Estate #10907438 Report a problem
        10/31/2020Listed for sale$159,999$139/sqft
        Source: New Century Real Estate #10907438 Report a problem
        10/25/2020Pending sale$159,999$139/sqft
        Source: New Century Real Estate #10907438 Report a problem
        10/16/2020Price change$159,999+3.2%$139/sqft
        Source: New Century Real Estate #10907438 Report a problem
        9/28/2020Pending sale$154,999$135/sqft
        Source: New Century Real Estate #10907438 Report a problem
        9/28/2020Listed for sale$154,999$135/sqft
        Source: New Century Real Estate #10907438 Report a problem
        9/11/2020Pending sale$154,999$135/sqft
        Source: New Century Real Estate #10907438 Report a problem
        8/31/2020Price change$154,999-1.2%$135/sqft
        Source: New Century Real Estate #10907438 Report a problem
        7/24/2020Pending sale$156,899$136/sqft
        Source: New Century Real Estate #10907438 Report a problem
        7/22/2020Price change$156,899-0.6%$136/sqft
        Source: New Century Real Estate #10907438 Report a problem
        7/9/2020Price change$157,777-0.5%$137/sqft
        Source: New Century Real Estate #10907438 Report a problem
        7/7/2020Pending sale$158,500$138/sqft
        Source: New Century Real Estate #10907438 Report a problem
        6/23/2020Price change$158,500-0.6%$138/sqft
        Source: New Century Real Estate #10907438 Report a problem
        6/8/2020Price change$159,500-0.3%$139/sqft
        Source: New Century Real Estate #10907438 Report a problem
        5/21/2020Listed for sale$159,900+77.7%$139/sqft
        Source: New Century Real Estate #10907438 Report a problem
        12/18/2015Sold$90,000-9.1%$78/sqft
        Source: MRED as distributed by MLS GRID #09043436 Report a problem
        12/11/2015Pending sale$99,000-27.9%$86/sqft
        Source: Homepath #09043436 Report a problem
        5/6/2015Sold$137,321-3.3%$119/sqft
        Source: Public Record Report a problem
        8/6/2004Sold$142,000+82.1%$123/sqft
        Source: Public Record Report a problem
        5/14/1997Sold$78,000$68/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,227 +6.8%$56,385 +7.3%
        2023$3,958 +20.7%$52,564 +13.2%
        2022$3,281 +6.4%$46,443 +25%
        2021$3,083 +2.7%$37,154 +11.2%
        2020$3,002 -7.3%$33,408 +4.1%
        2019$3,238 +26.6%$32,107 +12.3%
        2018$2,558 $28,579 +2.7%
        2017$2,558 +4.8%$27,817 +4.2%
        2016$2,441 -10%$26,690 +7.1%
        2015$2,712 +3.7%$24,927 -8.3%
        2014$2,615 -6.6%$27,189 -0.5%
        2012$2,798 +4.1%$27,320 -15.5%
        2011$2,688 +6%$32,338 -3.4%
        2010$2,536 -19.5%$33,486 -23.3%
        2009$3,151 +3.9%$43,659 +3.1%
        2008$3,034 +10.5%$42,363 +3%
        2006$2,746 +7%$41,141
        2005$2,566 +6.3%--
        2004$2,415 -1.5%--
        2003$2,451 +0.8%--
        2002$2,431 +1.7%--
        2001$2,391 +54.4%$32,768 +0.8%
        2000$1,549 $32,508
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 60046

        Getting around

        5 / 100
        Car-Dependent
        20 / 100
        Somewhat Bikeable

        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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