ActivePrice Reduced

$399,900

$419,900
1016 Rainy Lake Court, Lake Villa, IL 60046
3 Beds3 Baths2,365 sqft20 days
1016 Rainy Lake Court·Lake Villa, IL 60046
3Bedrooms
3Bathrooms
2,365Sq Ft
1998Year Built
About This Home

Quick-close opportunity! Situated on a quarter-acre corner lot in Painted Lakes, this move-in-ready home features a bright, open floor plan, stainless steel appliances, and a fully finished basement ideal for a rec room, home office, or gym. Enjoy a private, fenced backyard with a brick patio, pool deck, and heated above-ground pool. Major updates include a furnace and A/C (2016); roof, siding, and gutters (2018); finished basement and primary bath renovation (2020); refinished hardwood floors and luxury vinyl plank flooring throughout the main level (2021); Pella windows, sliding glass door, cedar fence, and LVP flooring in the walk-in attic (2021); garage floor and porch coatings (2022); new carpet throughout the second level (2024); a widened 3-car driveway (2025); and professional landscaping (2026). Schedule your showing today.

MLS# 12764513Listed September 19, 2026ResidentialTraditionalSubdivision: Painted Lakes
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms3
Full Baths2
Half Baths1
Total Rooms8

Size & Structure

Living Area2,365 sqft
Garage Spaces2
Year Built1998
Lot Size0.260 acres

Location

CountyLake
TownshipLake Villa
SubdivisionPainted Lakes
Zip Code60046

Financial

List Price$399,900
Original Price$419,900
Price / Sq Ft$169
Annual Taxes (2025)$9,418
Monthly Tax Est.$785
Parcel #02284020070000
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryerDisposalStainless Steel Appliance(s)Humidifier

Flooring

Hardwood

Heating

Natural GasForced Air

Cooling

Central Air

Basement

FinishedFull

Laundry

Main LevelIn UnitSink
Exterior & Lot

Construction

Vinyl Siding

Roof

Asphalt

Foundation

Concrete Perimeter

Patio & Porch

Patio

Lot Features

Corner LotCul-De-SacLandscaped
Utilities & Parking

Sewer

Public Sewer

Water Source

PublicShared Well

Electric

Circuit Breakers

Parking

AsphaltGarage Door OpenerYesGarage OwnedAttachedGarage
HOA & Community
HOA Fee
$330
Annually

HOA Includes

None

Community Features

CurbsSidewalksStreet LightsStreet Paved
Schools
Elementary
Hillcrest Elementary School
District: 34
Middle School
Antioch Upper Grade School
District: 34
High School
Lakes Community High School
District: 117
Tax & Financial
Annual Taxes
$9,418
Tax Year 2025
Monthly Tax Est.
$785
per month
Price per Sq Ft
$169
per square foot
Price Reduced by $20,000
Original list price: $419,900
Property Location

1016 Rainy Lake Court, Lake Villa, IL 60046 — Lake County

$399,900
$169 / sqft
1016 Rainy Lake Court
3 bd3 ba2,365 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
20 days on market
2-car garage
0.260 acres
$9,418/yr taxes
$330 HOA (annually)
Price reduced $20,000
$2,914
estimated monthly payment
Principal & Interest
$2,102/mo
Property Tax
$785/mo
HOA
$28/mo
$399,900
20% — $79,980
3%50%
6.875%
3%12%
Loan Amount
$319,920
Down Payment
$79,980

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
RE/MAX Advisors
Agent: Alice Scifo
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Lake Villa and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.