Closed

$625,000

229 Lake Street, Libertyville, IL 60048
4 Beds2 Baths2,359 sqft4 days
229 Lake Street·Libertyville, IL 60048
4Bedrooms
2Bathrooms
2,359Sq Ft
1925Year Built
About This Home

Location and character! Classic 1920's bungalow on a very large lot in Libertyville's sought-after Heritage area. Very close to METRA, shops, and all the dining, fun, and events in downtown Libertyville. Plus, it's close to Libertyville High and Butterfield Elementary. There is tremendous character to love in this home - high ceilings, large rooms, hardwood floors and original crown, trim, hardware, fixtures, sconces, door hardware, ceiling fixtures, and 3-over-1 windows in excellent condition. A very flexible floor plan offers bedrooms on both main and second floor, with great in-law or teen suite potential. There is huge potential in the plan to create a fantastic master suite on the second floor too - and at this price there is plenty of headroom in the budget before you get near the value ceiling for this prime neighborhood. This home is only on its 3rd owner after nearly 100 years. The current owners of 30+ years have made many smart updates, including an updated kitchen with high-end stainless appliances and custom cabinets that perfectly fits the period of the house. Radiator heat provides quiet, even, efficient, comfort with the bonus of being great for allergies. The lot is very large for the area, at .4 acres. A huge back yard behind the garage is like your own private park. Enjoy peaceful views from the patio, or from a sunny back porch that will work great as a home office. The two car garage is augmented by a big side apron with space for easily three more cars. It is great parking for guests - and the free municipal parking garage is just one block away if you're having a party! A spacious, dry basement with lots of windows affords excellent space for a rec room or play space. We love the idea of a 1920's-themed speakeasy down there! There is also a tidy laundry room, an exercise room, exterior access and great storage space. This one is a story waiting to be told - let's make it yours!

MLS# 11940297Listed December 17, 2023ResidentialBungalowSubdivision: Heritage
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms11

Size & Structure

Living Area2,359 sqft
Garage Spaces2
Fireplaces1
Year Built1925
Lot Size0.400 acres

Location

CountyLake
TownshipLibertyville
SubdivisionHeritage
Zip Code60048

Financial

List Price$625,000
Price / Sq Ft$265
Annual Taxes (2022)$12,657
Monthly Tax Est.$1,055
Parcel #11163000510000
Interior Features

Appliances

RangeMicrowaveDishwasherHigh End RefrigeratorStainless Steel Appliance(s)

Flooring

Hardwood

Heating

Natural GasSteamRadiator(s)

Cooling

Wall Unit(s)

Basement

UnfinishedExterior EntryStorage SpaceFullWalk-Out Access

Fireplace

Wood Burning
Exterior & Lot

Construction

Brick

Roof

AsphaltRubber

Foundation

Concrete Perimeter

Patio & Porch

Patio
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Electric

Circuit Breakers200+ Amp Service

Parking

AsphaltGarage Door OpenerOn SiteGarage OwnedDetachedOff StreetSide ApronOwnedGarage
HOA & Community
HOA Fee
$0
Not Applicable

HOA Includes

None

Community Features

ParkLakeSidewalksStreet LightsStreet Paved
Schools
Elementary
Butterfield School
District: 70
Middle School
Highland Middle School
District: 70
High School
Libertyville High School
District: 128
Tax & Financial
Annual Taxes
$12,657
Tax Year 2022
Monthly Tax Est.
$1,055
per month
Price per Sq Ft
$265
per square foot
Property Location

229 Lake Street, Libertyville, IL 60048Lake County

$625,000
$265 / sqft
229 Lake Street
4 bd2 ba2,359 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
4 days on market
2-car garage
1 fireplace
0.400 acres
$12,657/yr taxes
$0 HOA (not applicable)
$4,339
estimated monthly payment
Principal & Interest
$3,285/mo
Property Tax
$1,055/mo
$625,000
20% — $125,000
3%50%
6.875%
3%12%
Loan Amount
$500,000
Down Payment
$125,000

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

Listed by
Baird & Warner
Agent: Daniel Timm
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