ActivePrice Reduced

$860,000

$880,000
1042 Terre Drive, Libertyville, IL 60048
4 Beds4 Baths4,176 sqft37 days
1042 Terre Drive·Libertyville, IL 60048
4Bedrooms
4Bathrooms
4,176Sq Ft
1977Year Built
About This Home

Welcome to 1042 Terre Drive, located in the highly sought-after Terre Fair neighborhood. Situated on a desirable interior one-acre lot surrounded by mature trees, this exceptional residence seamlessly blends timeless charm, incredible living space, and an impressive suite of recent high-value updates. From the moment you arrive, the newly installed driveway (2025) sets the tone for a home that has been well maintained and updated. At the heart of the main level, the gourmet kitchen boasts stylish custom cabinetry, granite countertops, a brand-new refrigerator (2025), and professional-grade stainless steel appliances-including a high-performance Wolf range and Wolf hood. The breakfast area opens effortlessly into a cozy family room complete with a wood-burning fireplace and custom built-in cabinetry, while French doors connect to the formal living room. A separate dining room, a convenient powder room, and a main-floor laundry/mudroom with laundry chute finish off this main level layout. Designed for both relaxation and effortless entertaining, the home features a beautiful, spacious cedar three-seasons room that overlooks a lush, private backyard retreat. Step outside onto the beautiful patio to take in views of the expansive green lawn, or make use of the convenient outdoor shed. Upstairs, you will find generous accommodations, including a tranquil primary suite featuring a walk-in closet and an updated bath with separate shower/toilet room, and luxurious heated floors. The home now boast 5 total bedrooms, with four upstairs and a versatile 5th bedroom located in the fully finished basement-a lower level that also houses a spacious recreation room, a full third bathroom, and ample storage space. Beyond its expansive interior, this residence offers unmatched peace of mind with major structural and system investments already taken care of. Recent mechanical and capital upgrades include a new furnace (2025), majority of windows replaced (2023/2024), a new washer and dryer (2022), a new sump pump (2022), new water heater (2023), new driveway and new garage door (2025)and a complete roof replacement installed in October 2020. Living in Libertyville offers an exceptional suburban lifestyle filled with community charm and modern convenience. Residents enjoy quick access to a vibrant, historic downtown filled with award-winning local restaurants, boutique shopping, seasonal farmers markets, and community events, as well as easy access to I-294 for effortless commuting and nearby trails at Independence Grove Forest Preserve. Adding even greater value to this premier property is its location within prestigious public school districts, enrolling students in the top-rated Oak Grove Elementary/Middle School and the nationally recognized Libertyville High School. Come check out this stunning home before it's gone!

MLS# 12770902Listed September 28, 2026Residential
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms4
Full Baths3
Half Baths1
Total Rooms9

Size & Structure

Living Area4,176 sqft
Garage Spaces2
Fireplaces1
Year Built1977
Lot Size0.901 acres

Location

CountyLake
TownshipLibertyville
Zip Code60048

Financial

List Price$860,000
Original Price$880,000
Price / Sq Ft$206
Annual Taxes (2025)$18,278
Monthly Tax Est.$1,523
Parcel #11152030180000
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryerDisposalStainless Steel Appliance(s)Range HoodGas Oven

Flooring

HardwoodCarpet

Heating

GasForced AirRadiant Floor

Cooling

Central Air

Basement

FinishedFull

Laundry

Main LevelGas Dryer HookupLaundry ChuteSink

Fireplace

Wood Burning
Exterior & Lot

Construction

BrickWood Siding

Roof

Asphalt

Foundation

Concrete Perimeter

Patio & Porch

Patio

Lot Features

Mature Trees
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Electric

Circuit Breakers

Parking

AsphaltGarage Door OpenerYesGarage OwnedAttachedGarage
HOA & Community
HOA Fee
$180
Annually

HOA Includes

None
Schools
Elementary
Oak Grove Elementary School
District: 68
Middle School
Oak Grove Elementary School
District: 68
Tax & Financial
Annual Taxes
$18,278
Tax Year 2025
Monthly Tax Est.
$1,523
per month
Price per Sq Ft
$206
per square foot
Price Reduced by $20,000
Original list price: $880,000
Property Location

1042 Terre Drive, Libertyville, IL 60048 — Lake County

$860,000
$206 / sqft
1042 Terre Drive
4 bd4 ba4,176 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
37 days on market
2-car garage
1 fireplace
0.901 acres
$18,278/yr taxes
$180 HOA (annually)
Price reduced $20,000
$6,058
estimated monthly payment
Principal & Interest
$4,520/mo
Property Tax
$1,523/mo
HOA
$15/mo
$860,000
20% — $172,000
3%50%
6.875%
3%12%
Loan Amount
$688,000
Down Payment
$172,000

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

Listed by
Keller Williams North Shore West
Agent: Lori Howe
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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