418 S Lake Terrace

Mundelein, IL 60060
  • $339,000

    Price
  • 3

    Bed
  • 2

    Bath
  • 1,225

    SqFt

About the Listing 4777 - 63097,47200

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!

Listing Highlights

Status Active
Days on Site 24
Property Type Residential
MLS ® 12723287
Year Built 1941
Total Square Footage 1,225
Lot/Acreage 0.14
County Lake
Neighborhood North Shore Park
School District 75

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Air Cond: Central Air
  • Heating: Natural Gas,Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: 0
  • Basement: Crawl Space
  • Other: 1st Floor Bedroom,1st Floor Full Bath,Open Floorplan
  • Water: Lake Michigan,Public

Exterior Details

  • Lot Description: Mature Trees
  • Garage Capacity: 1 car
  • Parking Spaces: 1
  • Lot Dimensions: 50 x 120
  • Roof: Asphalt
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Asphalt,Shared Driveway,Yes,Detached,Garage

Financial Details

  • Tax Amount: $6,884
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 10254310070000
  • Tax Year: 2025

Payment Calculator

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418 S Lake Terrace Mundelein, IL 60060

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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