Active Under Contract

$270,000

518 Rae Avenue, Lake Villa, IL 60046
3 Beds1 Baths0 sqft23 days
518 Rae Avenue·Lake Villa, IL 60046
3Bedrooms
1Bathrooms
0Sq Ft
1935Year Built
About This Home

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!

MLS# 12759751Listed September 15, 2026ResidentialRanch
Property Details

Beds & Baths

Total Bedrooms3
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms7

Size & Structure

Living Area0 sqft
Garage Spaces1
Year Built1935
Lot Size0.188 acres

Location

CountyLake
TownshipLake Villa
Zip Code60046

Financial

List Price$270,000
Annual Taxes (2025)$4,309
Monthly Tax Est.$359
Parcel #02321020130000
Interior Features

Flooring

HardwoodCarpet

Heating

Natural GasForced Air

Cooling

Central Air

Basement

None

Laundry

In Garage
Exterior & Lot

Construction

Cedar

Lot Features

Corner Lot
Utilities & Parking

Sewer

Other

Water Source

Well

Parking

Brick DrivewayYesGarage OwnedAttachedGarage
HOA & Community
HOA Fee
$0
Not Applicable

HOA Includes

None
Tax & Financial
Annual Taxes
$4,309
Tax Year 2025
Monthly Tax Est.
$359
per month
Property Location

518 Rae Avenue, Lake Villa, IL 60046 — Lake County

$270,000
518 Rae Avenue
3 bd1 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
23 days on market
1-car garage
0.188 acres
$4,309/yr taxes
$0 HOA (not applicable)
$1,778
estimated monthly payment
Principal & Interest
$1,419/mo
Property Tax
$359/mo
$270,000
20% — $54,000
3%50%
6.875%
3%12%
Loan Amount
$216,000
Down Payment
$54,000

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

Listed by
LPT Realty
Agent: Manpreet Singh
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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