ClosedPrice Reduced

$250,000

$320,000
3 Sheehan Drive, Lake Villa, IL 60046
4 Beds2 Baths1,991 sqft77 days
3 Sheehan Drive·Lake Villa, IL 60046
4Bedrooms
2Bathrooms
1,991Sq Ft
1987Year Built
About This Home

Investor or rehab opportunity in Lake Villa! This 4-bedroom, 2-bath split-level sits on a spacious corner lot and offers strong value-add potential with a functional layout, multiple living areas, generous room sizes, and a 2-car attached garage. Solid footprint with great upside for updates, renovation, resale, or rental income. Estate sale - property sold AS IS with seller making no repairs. Cash or rehab financing preferred. Quick close possible. Bring your vision and unlock the potential!

MLS# 12560881Listed February 3, 2026Residential
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms8

Size & Structure

Living Area1,991 sqft
Garage Spaces2
Year Built1987
Lot Size90 x 126

Location

CountyLake
TownshipLake Villa
Zip Code60046

Financial

List Price$250,000
Original Price$320,000
Price / Sq Ft$126
Annual Taxes (2024)$8,431
Monthly Tax Est.$703
Parcel #06042050200000
Interior Features

Heating

Natural Gas

Cooling

Central Air

Basement

FinishedFullDaylight
Exterior & Lot

Construction

Vinyl Siding
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

YesGarage OwnedAttachedOwnedGarage
Tax & Financial
Annual Taxes
$8,431
Tax Year 2024
Monthly Tax Est.
$703
per month
Price per Sq Ft
$126
per square foot
Price Reduced by $70,000
Original list price: $320,000
Property Location

3 Sheehan Drive, Lake Villa, IL 60046 — Lake County

$250,000
$126 / sqft
3 Sheehan Drive
4 bd2 ba1,991 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
77 days on market
2-car garage
90 x 126
$8,431/yr taxes
Price reduced $70,000
$2,016
estimated monthly payment
Principal & Interest
$1,314/mo
Property Tax
$703/mo
$250,000
20% — $50,000
3%50%
6.875%
3%12%
Loan Amount
$200,000
Down Payment
$50,000

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

Listed by
RE/MAX Plaza
Agent: Sandra Anchor
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.