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$375,000

Est. payment - /mo

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5 Beds

3 Baths

0.42 Acres Lot

Active Under Contract

103 S Lake ST Mundelein, IL 60060

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Lakewood Heights

MLS Listing ID 12298822

Style Farmhouse

Bedrooms 5

Year Built 1895

Annual Tax Amount $7,260

Tax Year 2023

Lot Size 0.420 Acres

Lot Dimensions 120X153

Property Sub-Type Two to Four Units

Property Description

Own a piece of Mundelein history! This charming old farmhouse, now converted to a 2 unit, is a dream opportunity for investors or those willing to put in a little work and love into their new home. This solid 2-flat property is brimming with personality and potential! Set on an extra-large corner lot with an extended driveway, it offers abundant space for vehicles, tools, toys, outdoor storage, or all your "plain ol' stuff" (we get it lol!) It's perfect for contractors, landscapers, or anyone who needs space for work vehicles or trucks. The oversized garage is huge, accommodating up to 5 cars with ease. Each unit features generous room sizes, 2 bedrooms, plenty of closet space, and 1 bathroom, making it a versatile investment or a perfect multi-generational living solution. Dreaming of a single-family home? This beauty can easily be converted back, adding even more value to its farmhouse charm. The partially finished basement is full of possibilities, offering another full bathroom and room to add another bedroom, rec room, storage units- The choice is yours. Plus, the location is unbeatable! Just moments away from Mundelein's highlights, including parks, dining, shopping, and endless recreation around the scenic Diamond Lake. Whether you're an investor or someone looking for a place with character and flexibility, this property checks all the boxes! Don't miss your chance to own a historical piece of Mundelein magic.

Location

State IL

County Lake

Area Ivanhoe / Mundelein

Zoning MULTI

Rooms

Basement Full

Interior

Heating Steam, Radiant

Equipment TV-Cable, Ceiling Fan(s), Water Heater-Gas

Fireplace N

Exterior

Exterior Feature Storms/Screens, Cable Access, Workshop

Parking Features Detached

Garage Spaces 5.0

Community Features Park

Roof Type Asphalt

Building

Lot Description Corner Lot, Sidewalks, Streetlights

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

Elementary Schools Washington Early Learning Center

Middle Schools Carl Sandburg Middle School

High Schools Mundelein Cons High School

School District 75 , 75, 120

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Stewart Ramirez • E- Signature Realty

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106