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$350,000

1431 Derby Lane, Mundelein, IL 60060
2 Beds3 Baths1,566 sqft5 days
1431 Derby Lane·Mundelein, IL 60060
2Bedrooms
3Bathrooms
1,566Sq Ft
1994Year Built
About This Home

Stunning updated duplex townhome located in the highly coveted Lakewood Village! No association fees! Completely rehabbed in 2024, this beautifully updated home offers a modern, move-in-ready design with thoughtful finishes throughout. The open and functional layout features brand new engineered hardwood floors, a stunning kitchen with quartz countertops, abundant cabinet space, new appliances, and spacious living and dining areas perfect for everyday living and entertaining. The second level includes a bright open loft overlooking the main living area currently used as a second living area or office, but easily convertible to a 3rd bedroom. Generous bedroom sizes include a primary suite with a walk-in shower, a second full bath with a soaking tub, and an additional powder room on the main level. Enjoy outdoor living with a fully enclosed yard and patio, along with the convenience of a 2-car garage and driveway parking. Major mechanical updates include furnace, A/C, and water heater (2021), roof (2024), and appliances (2022-2023). Investor friendly with no rental restrictions. Located in the highly rated Hawthorn District 73 (K-8) schools, with an unbeatable location close to parks, shopping, dining, and just 4 minutes to the Metra for an easy commute. A truly special home you won't want to miss!

MLS# 12588693Listed March 25, 2026ResidentialSubdivision: Lakewood Village
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms3
Full Baths2
Half Baths1
Total Rooms6

Size & Structure

Living Area1,566 sqft
Stories2
Garage Spaces2
Year Built1994
Lot Size33.45 X 112

Location

CountyLake
TownshipVernon
SubdivisionLakewood Village
Zip Code60060

Financial

List Price$350,000
Price / Sq Ft$223
Annual Taxes (2024)$8,048
Monthly Tax Est.$671
Parcel #15051080250000
Interior Features

Heating

Natural Gas

Cooling

Central Air

Basement

None

Laundry

Upper LevelGas Dryer HookupIn Unit
Exterior & Lot

Construction

Vinyl SidingBrick

Roof

Asphalt

Patio & Porch

Patio
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Electric

100 Amp Service

Parking

AsphaltGarage Door OpenerYesGarage OwnedAttachedOwnedGarage
HOA & Community
HOA Fee
$0
Not Applicable

HOA Includes

None

Association Amenities

Fencing
Schools
Elementary
Hawthorn Elementary School (Sout
District: 73
Middle School
Hawthorn Middle School South
District: 73
High School
Mundelein Cons High School
District: 120
Tax & Financial
Annual Taxes
$8,048
Tax Year 2024
Monthly Tax Est.
$671
per month
Price per Sq Ft
$223
per square foot
Property Location

1431 Derby Lane, Mundelein, IL 60060 — Lake County

$350,000
$223 / sqft
1431 Derby Lane
2 bd3 ba1,566 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
5 days on market
2-car garage
33.45 X 112
$8,048/yr taxes
$0 HOA (not applicable)
$2,510
estimated monthly payment
Principal & Interest
$1,839/mo
Property Tax
$671/mo
$350,000
20% — $70,000
3%50%
6.875%
3%12%
Loan Amount
$280,000
Down Payment
$70,000

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

Listed by
Compass
Agent: Jamie Stoner
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