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Welcome to your year-round retreat by the lake! Tucked away in the friendly Oak Terrace subdivision, this charming 3-bedroom, 2-bath raised ranch is more than a house-it's a cozy escape from the busyness of everyday life. With lake rights to Diamond Lake, a private boat launch, beach, and access to neighborhood parks, you'll enjoy the perfect balance of relaxation and recreation right outside your door. Step inside and you'll be greeted by a bright, spacious kitchen with rich cherry cabinets, stainless steel appliances, and a welcoming breakfast bar that opens into the family room. Gather around the fireplace on cool evenings, or unwind in the primary suite complete with a spa-like bath featuring a Jacuzzi tub, double sinks, and walk-in closet w/custom shelving system. The full, unfinished basement with 9' ceilings offers endless potential-whether you dream of a home theater, recreation space, or extra bedrooms, there's room to make it truly yours. It offers an egress window & is plumbed for a bathroom. Outside, the large deck and backyard provide plenty of space for family cookouts, morning coffee, or watching the seasons change. In summer, enjoy boating and swimming; in winter, cozy up after ice-fishing or snowmobiling. The home has been beautifully updated with: paint carpet, light fixtures, kitchen sink, plumbing fixtures, nest thermostat, security system, sump pump, garage drywall, gutters w/guards, flashing, oven, microwave, and more! Main floor laundry room. Radon mitigation system in place. This is one you don't want to miss!
| DAYS ON MARKET | 44 | LAST UPDATED | 9/15/2025 |
|---|---|---|---|
| TRACT | Oak Terrace | YEAR BUILT | 2005 |
| COMMUNITY | Ivanhoe / Mundelein | GARAGE SPACES | 2.5 |
| COUNTY | Lake | STATUS | Conditional |
| PROPERTY TYPE(S) | Single Family |
| School District | Mundelein Cons High School |
|---|---|
| Jr. High School | West Oak Middle School |
| High School | Mundelein Cons High School |
| PRICE HISTORY | |
| Prior to Aug 23, '25 | $459,900 |
|---|---|
| Aug 23, '25 - Aug 29, '25 | $449,900 |
| Aug 29, '25 - Today | $439,900 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Ivanhoe / Mundelein |
| BASEMENT | Bath/Stubbed, Full, Unfinished, Yes |
| CONSTRUCTION | Brick, Vinyl Siding |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| HOA DUES | 175 |
| INTERIOR | Cathedral Ceiling(s), Entrance Foyer, Open Floorplan, Walk-In Closet(s) |
| LOT | 7492 sq ft |
| LOT DIMENSIONS | 150 X 50 |
| PARKING | Asphalt, Garage Door Opener, On Site, Attached, Garage |
| SEWER | Public Sewer |
| SUBDIVISION | Oak Terrace |
| TAXES | 12518 |
| WATER | Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Copyright 2025 MRED. All rights reserved.
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 2025 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2025.