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We have received Multiple Offers on this property. Highest & Best offer Due by Saturday February 21st by 3pm. We will review all offers Saturday evening. Chris Investor Opportunity with Lake Rights Near Diamond Lake Opportunity awaits with this partially completed rehab in unincorporated Mundelein, just blocks from Diamond Lake with lake rights and community access. The heavy lifting has already begun-major updates include a new roof, new windows, new furnace, new A/C, and a new deck. This property offers a spacious yard and strong upside potential. Perfect for investors, flippers, or rehabbers looking to finish the project and capitalize on after-repair value. Whether you're creating a year-round residence, vacation retreat, or income-producing rental, the possibilities are here. Full rehab project. Sold AS-IS. Ideal for cash buyers or renovation financing. Don't miss the chance to complete this transformation in a highly desirable lake-area location.
| DAYS ON MARKET | 32 | LAST UPDATED | 3/6/2026 |
|---|---|---|---|
| TRACT | Oak Terrace | YEAR BUILT | 1931 |
| COMMUNITY | Ivanhoe / Mundelein | COUNTY | Lake |
| STATUS | Conditional | PROPERTY TYPE(S) | Single Family |
| School District | Mundelein Cons High School |
|---|---|
| Elementary School | Diamond Lake Elementary School |
| Jr. High School | West Oak Middle School |
| High School | Mundelein Cons High School |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Ivanhoe / Mundelein |
| BASEMENT | None |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Forced Air, Natural Gas |
| LOT | 7405 sq ft |
| LOT DIMENSIONS | 50X150 |
| PARKING | Gravel, Driveway |
| SEWER | Public Sewer |
| STYLE | Cottage |
| SUBDIVISION | Oak Terrace |
| TAXES | 3001 |
| WATER | Other, None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Coldwell Banker Realty
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Copyright 2026 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 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.