ClosedPrice Reduced

$344,000

$354,000
24903 Oak Avenue, Lake Villa, IL 60046
4 Beds2 Baths2,112 sqft63 days
24903 Oak Avenue·Lake Villa, IL 60046
4Bedrooms
2Bathrooms
2,112Sq Ft
2002Year Built
About This Home

Unlock the ultimate Chain O' Lakes lifestyle without the exorbitant waterfront tax burden! Located in the highly sought-after Petite Lake Highwoods community, this expansive 4-bedroom, 2-bathroom raised ranch represents a rare opportunity to secure premium recreational living and top-tier academics. Zoned for the acclaimed Community High School District 117 (Lakes Community High School), this property places your family in one of Lake County's premier educational corridors. The true value of this location lies in its exclusive Boating Advantage. For a nominal $220 annual HOA fee, residents gain coveted lake rights, access to three neighborhood parks, a private community beach, and a private boat launch. Bypass costly private marinas by utilizing the community's annual boat slip rentals. Inside, the home maximizes its footprint across two intelligently designed levels. The main floor features soaring vaulted ceilings, abundant natural light, and a kitchen modernized with elegant granite countertops. The standout architectural feature is the fully finished, walk-out lower level. Serving as a massive secondary living space, this lower tier boasts a sprawling 18x15 recreation room anchored by a cozy gas log fireplace and a built-in bar. Complete with two additional egress-compliant bedrooms, a full bathroom, and a mudroom with direct walk-up exterior access, this level offers unparalleled flexibility for multi-generational living or a premier entertainment zone. Step outside to discover a deep, fully fenced-in yard complete with a private paver patio and mature landscaping. Aggressively priced at its recent certified appraisal value of $354,000, this home provides a rare opportunity to add your own personal touches and make it your own. Schedule your private showing today before it's gone!

MLS# 12692028Listed July 1, 2026ResidentialBi-LevelSubdivision: Petite Lake Highwoods
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms9

Size & Structure

Living Area2,112 sqft
Garage Spaces2
Fireplaces1
Year Built2002
Lot Size72x123x51x134

Location

CountyLake
TownshipLake Villa
SubdivisionPetite Lake Highwoods
Zip Code60046

Financial

List Price$344,000
Original Price$354,000
Price / Sq Ft$163
Annual Taxes (2025)$8,272
Monthly Tax Est.$689
Parcel #02301070060000
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryer

Flooring

Laminate

Heating

Natural GasElectricForced AirSteam

Cooling

Central Air

Basement

FinishedExterior EntryFullWalk-Out Access

Fireplace

Gas Log
Exterior & Lot

Construction

Vinyl Siding

Roof

Asphalt

Foundation

Concrete Perimeter

Patio & Porch

Patio
Utilities & Parking

Sewer

Public Sewer

Water Source

Well

Electric

Circuit Breakers

Parking

AsphaltGarage Door OpenerYesGarage OwnedAttachedGarage
HOA & Community
HOA Fee
$220
Annually

HOA Includes

Lake RightsOther

Community Features

ParkLakeDockWater RightsCurbsStreet Lights
Schools
Elementary
Olive C Martin School
District: 41
Middle School
Peter J Palombi School
District: 41
High School
Lakes Community High School
District: 117
Tax & Financial
Annual Taxes
$8,272
Tax Year 2025
Monthly Tax Est.
$689
per month
Price per Sq Ft
$163
per square foot
Price Reduced by $10,000
Original list price: $354,000
Property Location

24903 Oak Avenue, Lake Villa, IL 60046 — Lake County

$344,000
$163 / sqft
24903 Oak Avenue
4 bd2 ba2,112 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
63 days on market
2-car garage
1 fireplace
72x123x51x134
$8,272/yr taxes
$220 HOA (annually)
Price reduced $10,000
$2,516
estimated monthly payment
Principal & Interest
$1,808/mo
Property Tax
$689/mo
HOA
$18/mo
$344,000
20% — $68,800
3%50%
6.875%
3%12%
Loan Amount
$275,200
Down Payment
$68,800

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

Listed by
Circle One Realty
Agent: Ryan Cherney
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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