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REHAB OPPORTUNITY WITH INSURANCE PROCEEDS IN HAND! This split-level home is being offered in its current condition, AS-IS, following recent water damage. This sale is pursuant to a short sale and was most recently approved by the lender at a purchase price of $320,000. The approved short sale process was already in place, positioning the transaction for a potentially expedited closing, subject to all applicable short sale and lender requirements. The price reflects a combination of projected mitigation costs, already issued insurance funds and remodeling considerations. Seller will not make repairs or provide credits related to the property's AS-IS condition.
PRE-FORECLOSURE
| DAYS ON MARKET | 29 | LAST UPDATED | 10/6/2026 |
|---|---|---|---|
| TRACT | Venetian Village | YEAR BUILT | 1977 |
| COMMUNITY | Lake Villa / Lindenhurst | GARAGE SPACES | 2.0 |
| COUNTY | Lake | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| School District | Grayslake North High School |
|---|---|
| Elementary School | B J Hooper Elementary School |
| Jr. High School | Peter J Palombi School |
| High School | Grayslake North High School |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer |
| AREA | Lake Villa / Lindenhurst |
| BASEMENT | Daylight, Finished, Sump Pump, Yes |
| CONSTRUCTION | Brick, Vinyl Siding |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Forced Air, Natural Gas, Wood Stove |
| INTERIOR | Beamed Ceilings, Granite Counters, Open Floorplan, Vaulted Ceiling(s) |
| LOT | 0.436 acre(s) |
| LOT DESCRIPTION | Cul-de-sac, Garden, Wooded |
| LOT DIMENSIONS | 18979 |
| PARKING | Asphalt, Garage Door Opener, Attached, Garage |
| SEWER | Public Sewer |
| SUBDIVISION | Venetian Village |
| TAXES | 8824.8 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Better Homes and Garden Real Estate Star Homes
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The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.