Primary on Main
Address
418 S Lake Terrace, Mundelein, IL
Price
$ 339,000
Property Attributes
- MLS#12723287
- TypeSingle Family
- Listing Status Active
- CountyLAKE
- CityMundelein
- AreaIvanhoe - Mundelein
- NeighborhoodNorth Shore Park
- Zip60060
- StyleCape Cod
- Year Built1941
- Taxes$ 6884
- Price$ 339,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1225
- Lot Size0.14 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Don't miss this beautifully renovated 3-bedroom, 2-bath Cape Cod home in an incredible Mundelein location just steps from Diamond Lake! Completely gutted to the studs and thoughtfully rebuilt in 2024, this home offers approximately 1,225 square feet of stylish, move-in-ready living space with all the major updates already completed. The open-concept floor plan features a spacious living room flowing seamlessly into the dining area and an all-new kitchen with classic white shaker cabinetry, stainless steel appliances, abundant cabinet space, and modern finishes throughout. A convenient first-floor bedroom, full bathroom, and laundry/mudroom provide flexible living options, while the second level offers two additional bedrooms and a second full bath. Extensive improvements made to this home in 2024 include: HVAC, water heater, 200-amp electrical service, all new plumbing, new gas service, new city water service line, new sewer line, and a new roof, all of which are important upgrades to offer buyers the peace of mind that comes with nearly every major system being replaced. 2025-26 updates include installation of new radon mitigation system, added new insulation in the attic and new insulation in the crawlspace, and added a new solar fan in the attic. Outside, enjoy a partially fenced backyard, a detached 1 car garage, and an unbeatable location less than two blocks from Diamond Lake. "Diamond Lake is a 153-acre glacial lake located in Mundelein, Illinois. It has a maximum depth of 23 feet and a shoreline of nearly six miles. The lake is a popular local spot for boating, fishing, and community recreation in Lake County." Conveniently located near parks, schools, shopping, restaurants, Metra, and major commuter routes, fabulous Farmer's Market is held every June - Sept on Saturdays from 8am-12pm. Lake Fest on the Landing at Diamond Lake is coming Saturday, August 29the 11am-9pm. This truly is a rare opportunity to own a charming and updated home in Mundelein at an exceptional value!
| Elementary School | Middle School | High School |
|---|---|---|
| Mechanics Grove Elementary Schoo | Carl Sandburg Middle School | Mundelein Cons High School |
| Price History | |
|---|---|
| 8/6/2026 | Listed $339,000 |
General Features
| Living Area | 1225 |
|---|---|
| Sewer | Public Sewer |
| Heating | Natural Gas,Forced Air |
| Cooling | Central Air |
| Possession | Closing |
| Roof | Asphalt |
| Appliances | Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer,Disposal,Stainless Steel Appliance(s) |
| Garage Spaces | 1 |
| Association Fee Includes | None |
| Architectural Style | Cape Cod |
| Construction Materials | Vinyl Siding |
| Year Built | 1941 |
| Electric | 200+ Amp Service |
| Township | Fremont |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Community Features | Park,Sidewalks,Street Lights,Street Paved |
| Assoc Fee Paid Per | Not Applicable |
| County | Lake |
| New Construction | No |
| Property Type | Residential |
| Subdivision Name | North Shore Park |
| Total Rooms | 7 |
| Full Baths | 2 |
| Status | Active |
| Directions | Heading north on Route 45,take a left turn onto Lakeview Drive. Then,take your first right turn onto S Lake Terrace. The home is on the lefthand side. |
| High School | Mundelein Cons High School |
| City | Mundelein |
| High School District | 120 |
| MLS Area | Ivanhoe / Mundelein |
| Elementary School | Mechanics Grove Elementary Schoo |
| Tax Annual Amount | 6884 |
| Middle/Junior High School | Carl Sandburg Middle School |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Middle/Junior School District | 75 |
| Elementary School District | 75 |
| Property Type | Detached Single |
Interior Features
| Interior Amenities | 1st Floor Bedroom,1st Floor Full Bath,Open Floorplan |
|---|---|
| Basement | Crawl Space |
| Laundry Features | Main Level,In Unit |
| Total Bedrooms | 3 |
| Room Type | Attic |
| LivingAreaSource | Assessor |
| Total Baths | 2 |
| Bedrooms Possible | 3 |
Exterior Features
| Parking Features | Asphalt,Shared Driveway,Yes,Detached,Garage |
|---|---|
| Lot Features | Mature Trees |
| Water Source | Lake Michigan,Public |
| Total Parking | 1 |
| Foundation Details | Concrete Perimeter |
| Lot Dimensions | 50 x 120 |
| Lot Size Acres | 0.14 |
| Waterfront Y/N | No |
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 60060
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 3, 2026 4:26 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 3, 2026 4:26 PM UTC
