Nestled in downtown Lake Zurich, this charming yet in need of renovation four plus one bedroom, two bath home presents a unique opportunity for those looking to restore or expand a classic property. Situated just a short walk from Lake Zurich, this home sits on four lots totaling over an acre, offering ample space for potential improvements. The living and dining rooms provide a spacious layout for entertaining, and the main level bedroom or office allows for flexible use. Upstairs, three additional bedrooms await transformation. With a full basement featuring a family room, fifth bedroom, workroom, laundry room, and full bath, there is plenty of room to reimagine this space. A huge detached four car garage can fit up to six vehicles and has tons of room for workshop with large machines. Three of the lots lack main road access, the possibility of adding an easement opens up exciting prospects, or use all four lots and build your dream home! Bring your vision and creativity to breathe new life into this historic home.
Closed
$270,000
61 Park Ave, Lake Zurich, IL 60047
5beds
1,408sqft
Single Family Residence
Built in 1899
1.03 Acres Lot
$430,600 Zestimate®
$192/sqft
$2,971 Estimated rent
Home value
$430,600
$396,000 - $469,000
$2,971/mo
Zestimate® history
Owner options
List your home for rent
$2,971/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,971/mo
Rent Zestimate®
Refinance and save
$2,073/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,073/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Large machinesLaundry roomDowntown lake zurich
Zillow last checked:
Listing updated:
Listed by:
Jane Lee 847-295-0800,
RE/MAX Top Performers
Bought with:
Jane Lee
RE/MAX Top Performers
Source: MRED as distributed by MLS GRID,MLS#: 12015768
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom 5, Workshop
Primary bedroom
- Features: Flooring (Hardwood), Window Treatments (All)
- Level: Second
- Area: 221 Square Feet
- Dimensions: 17X13
Bedroom 2
- Features: Flooring (Hardwood), Window Treatments (All)
- Level: Second
- Area: 143 Square Feet
- Dimensions: 13X11
Bedroom 3
- Features: Flooring (Hardwood), Window Treatments (All)
- Level: Second
- Area: 143 Square Feet
- Dimensions: 13X11
Bedroom 4
- Features: Flooring (Hardwood), Window Treatments (All)
- Level: Main
- Area: 96 Square Feet
- Dimensions: 12X8
Bedroom 5
- Features: Flooring (Other), Window Treatments (All)
- Level: Basement
- Area: 210 Square Feet
- Dimensions: 15X14
Dining room
- Features: Flooring (Hardwood), Window Treatments (All)
- Level: Main
- Area: 208 Square Feet
- Dimensions: 16X13
Family room
- Features: Flooring (Other), Window Treatments (All)
- Level: Basement
- Area: 192 Square Feet
- Dimensions: 16X12
Kitchen
- Features: Kitchen (Pantry-Closet), Flooring (Hardwood), Window Treatments (All)
- Level: Main
- Area: 150 Square Feet
- Dimensions: 15X10
Laundry
- Features: Flooring (Ceramic Tile)
- Level: Basement
- Area: 72 Square Feet
- Dimensions: 12X6
Living room
- Features: Flooring (Hardwood), Window Treatments (All)
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15X13
Other
- Features: Flooring (Other)
- Level: Basement
- Area: 90 Square Feet
- Dimensions: 10X9
Heating
- Natural Gas, Forced Air
Cooling
- Wall Unit(s)
Appliances
- Included: Range, Microwave
Features
- 1st Floor Bedroom
- Flooring: Hardwood
- Windows: Screens
- Basement: Partially Finished,Exterior Entry,Full
- Number of fireplaces: 1
- Fireplace features: Wood Burning Stove, Dining Room
Interior area
- Total structure area: 2,112
- Total interior livable area: 1,408 sqft
Property
Parking
- Total spaces: 4
- Parking features: Asphalt, Tandem, Garage, On Site, Garage Owned, Detached
- Garage spaces: 4
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
- Patio & porch: Screened
Lot
- Size: 1.03 Acres
- Dimensions: 66X150X66X150
- Features: Landscaped
Details
- Additional parcels included: 14201040240000,14201040230000,14201040220000
- Parcel number: 14201040130000
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1899
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Park, Lake, Street Paved
HOA
- Services included: None
Location
- Region: Lake Zurich
Financial & listing details
- Price per square foot: $192/sqft
- Tax assessed value: $295,044
- Annual tax amount: $9,168
- Date on market: 3/28/2024
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2024 | Sold | $270,000-20.6%$192/sqft |
Source:  MRED as distributed by MLS GRID #12015768 Report a problem | ||
| 4/14/2024 | Contingent | $340,000$241/sqft |
Source: MRED as distributed by MLS GRID #12015768 Report a problem | ||
| 4/1/2024 | Price change | $340,000-15%$241/sqft |
Source: MRED as distributed by MLS GRID #12015768 Report a problem | ||
| 3/28/2024 | Listed for sale | $399,900$284/sqft |
Source: MRED as distributed by MLS GRID #12015768 Report a problem | ||
| 10/13/2023 | Contingent | $399,900$284/sqft |
Source: MRED as distributed by MLS GRID #11846594 Report a problem | ||
| 7/31/2023 | Listed for sale | $399,900$284/sqft |
Source: MRED as distributed by MLS GRID #11846594 Report a problem | ||
| 7/31/2023 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11828572 Report a problem | ||
| 7/28/2023 | Price change | $399,900-11.1%$284/sqft |
Source: MRED as distributed by MLS GRID #11828572 Report a problem | ||
| 7/10/2023 | Price change | $450,000-10%$320/sqft |
Source: MRED as distributed by MLS GRID #11796120 Report a problem | ||
| 5/31/2023 | Listed for sale | $500,000$355/sqft |
Source: MRED as distributed by MLS GRID #11796120 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,524 +20% | $102,675 +4.4% |
| 2023 | $6,270 -4.9% | $98,338 +2.8% |
| 2022 | $6,591 +3.8% | $95,697 +1.1% |
| 2021 | $6,348 +1.8% | $94,658 +2.6% |
| 2020 | $6,234 +1.5% | $92,232 +0.9% |
| 2019 | $6,141 +5.2% | $91,427 +3.4% |
| 2018 | $5,835 | $88,382 +1.2% |
| 2017 | $5,835 +4.3% | $87,317 +3.3% |
| 2016 | $5,593 -3.7% | $84,552 +5% |
| 2015 | $5,808 -4.3% | $80,533 -1.6% |
| 2014 | $6,066 -1.5% | $81,834 -4.5% |
| 2012 | $6,160 +5.9% | $85,728 -3% |
| 2011 | $5,816 +9.4% | $88,374 +0.9% |
| 2010 | $5,314 +3.9% | $87,551 -4% |
| 2009 | $5,115 +1.6% | $91,199 +2.1% |
| 2008 | $5,037 +17.6% | $89,349 +2.5% |
| 2006 | $4,284 +6% | $87,212 |
| 2005 | $4,041 +7.4% | -- |
| 2004 | $3,763 -1.1% | -- |
| 2003 | $3,807 +7.7% | -- |
| 2002 | $3,535 +2.5% | -- |
| 2001 | $3,447 +10.9% | $51,125 +2.7% |
| 2000 | $3,108 | $49,780 |
Find assessor info on the county website
Neighborhood: 60047
Nearby homes
- $27,600-- bd-- ba-- sqft61 Park Ave, Lake Zurich, IL 60047Off Market
- $30,840-- bd-- ba-- sqftMionske Dr, Lake zurich, IL 60047Off Market
- $680,3004 bd3 ba2.7k sqft69 Park Ave, Lake Zurich, IL 60047Off Market
- $33,246-- bd-- ba-- sqftMionske Dr, Lake zurich, IL 60047Off Market
- $31,410-- bd-- ba-- sqftMionske Dr, Lake zurich, IL 60047Off Market
- $334,100-- bd2 ba925 sqft46 Mionske Dr, Lake Zurich, IL 60047Off Market
- $388,8003 bd1 ba2.1k sqft50 Mionske Dr, Lake Zurich, IL 60047Off Market
- $278,4002 bd1 ba925 sqft42 Mionske Dr, Lake Zurich, IL 60047Off Market
Nearby schools
GreatSchools rating
- 9/10May Whitney Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 8/10Lake Zurich Middle - N CampusGrades: 6-8Distance: 2.1 mi
- 8/10Lake Zurich High SchoolGrades: 9-12Distance: 0.8 mi
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.
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
$430,600
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
$430,600
- Illinois
- Lake County
- Lake Zurich
- 60047
- 61 Park Ave
Nearby cities
Nearby zip codes
Other Lake Zurich Topics
