Price Reduction - Waterfront
Address
24941 W Forest Drive, Lake Villa, IL
Price
$ 749,000
Property Attributes
- MLS#12711766
- TypeSingle Family
- Listing Status Active
- CountyLAKE
- CityLake Villa
- AreaLake Villa - Lindenhurst
- NeighborhoodPetite Lake Highlands
- Zip60046
- Style
- Year Built1923
- Taxes$ 10412
- Price$ 749,000
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage3000
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Waterfront living at its finest! Nestled on 2.5 beautifully landscaped lots with 160 feet of channel frontage just off Petite Lake, this exceptional 5-bedroom, 3-bath home offers approximately 3,000 square feet of beautifully designed living space and the perfect blend of privacy, comfort, and the ultimate Chain O'Lakes lifestyle. Whether you're enjoying your morning coffee overlooking the water, spending the day boating on the Chain, or entertaining family and friends, this home was designed to create unforgettable memories. Step inside to discover beautiful wood floors, an open floor plan, and an updated kitchen featuring quartz countertops, a large center island, abundant cabinetry, and plenty of space to gather. The kitchen flows effortlessly into the dining room and family room, while the sunroom is surrounded by windows that showcase peaceful water views and fill the home with natural light. The finished walkout basement expands your living space with a spacious recreation area, wet bar, full bath, and abundant storage, making it the perfect place to host guests after a day on the water. Outdoor living is simply exceptional. Relax on the expansive maintenance-free deck, unwind in the screened porch, or step into your backyard where your private pier provides easy access to Petite Lake and the entire Chain O'Lakes. The rare 2.5-lot setting offers an incredible amount of green space, mature trees, and privacy that is seldom found on waterfront property. Recent improvements include the roof, windows, siding, furnace, air conditioner, water heater, fresh paint, and newer flooring, allowing you to move in with confidence and enjoy lake life from day one. Whether you're searching for a full-time residence or the perfect weekend escape, this is more than a home-it's where summers are celebrated, sunsets are savored, and lifelong memories are made."
| Elementary School | Middle School | High School |
|---|---|---|
| Olive C Martin School Elementary School | Peter J Palombi School Middle School | Lakes Community High School |
| Price History | |
|---|---|
| 7/30/2026 | Listed $799,900 |
| 8/10/2026 | 7$749,000 |
General Features
| Living Area | 3000 |
|---|---|
| Sewer | Public Sewer |
| Heating | Natural Gas,Forced Air |
| Cooling | Central Air |
| Possession | Closing |
| Roof | Asphalt |
| Appliances | Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer,Stainless Steel Appliance(s),Water Softener |
| Garage Spaces | 1 |
| Association Fee Includes | None |
| Construction Materials | Vinyl Siding |
| Year Built | 1923 |
| Township | Lake Villa |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Community Features | Water Rights,Curbs,Street Lights,Street Paved |
| Assoc Fee Paid Per | Not Applicable |
| County | Lake |
| New Construction | No |
| Property Type | Residential |
| Subdivision Name | Petite Lake Highlands |
| Other Structures | Shed(s) |
| Total Rooms | 9 |
| Full Baths | 3 |
| Status | Active |
| Directions | Rt 59 and 132 North to Highwoods Left to Forest L to home |
| High School | Lakes Community High School |
| City | Lake Villa |
| High School District | 117 |
| MLS Area | Lake Villa / Lindenhurst |
| Elementary School | Olive C Martin School |
| Tax Annual Amount | 10412 |
| Middle/Junior High School | Peter J Palombi School |
| Additional Parcels Y/N | No |
| Virtual Tour | https://r3p.realtor360pro.com/sites/enqmaazq/unbranded |
| Standard Status | Active |
| Middle/Junior School District | 41 |
| Elementary School District | 41 |
| Property Type | Detached Single |
Interior Features
| Interior Amenities | Wet Bar,1st Floor Bedroom,1st Floor Full Bath,Walk-In Closet(s),Open Floorplan,Quartz Counters |
|---|---|
| Basement | Finished,Full,Walk-Out Access |
| Flooring | Hardwood,Laminate |
| Total Bedrooms | 5 |
| Room Type | Bedroom 5,Recreation Room,Foyer,Storage,Walk In Closet,Deck,Sun Room |
| LivingAreaSource | Estimated |
| Total Baths | 3 |
| Bedrooms Possible | 5 |
Exterior Features
| Exterior Amenities | Dock |
|---|---|
| Parking Features | Garage Door Opener,Yes,Garage Owned,Detached,Garage |
| Lot Features | Channel Front,Water Rights,Mature Trees |
| Water Source | Public |
| Total Parking | 1 |
| Foundation Details | Concrete Perimeter |
| Lot Dimensions | 59 x 220 x 160 x 297 |
| Waterfront Y/N | Yes |
| Other Equipment | Water-Softener Owned,TV-Cable,CO Detectors,Ceiling Fan(s),Sump Pump |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 60046
Price
Taxes
Year Built
Visits
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Real People Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.Based on information submitted to the MLS GRID as of September 2, 2026 1:11 PM UTC 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.
Data is updated as of September 2, 2026 1:11 PM UTC
