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401 S Lake Terrace, Mundelein, IL 60060

Lake County

Key Facts

3Beds
3Baths
1,750Sq Ft
1943Year Built
2Garage

Description

ABSOLUTELY WONDERFUL REMODEL of this vintage charmer on a Perfect Corner Lot, only 1 block from Diamond Lake! New Flooring, New Lighting, New Electrical, New Baths and New HVAC. Enjoy the Beautifully Remodeled Island Kitchen, featuring all New SS Appliances, 42" White Shaker Cabinets and Quartz Countertops. Tons of Windows Throughout! 1st Floor Laundry/Mudroom AND a Huge ALL- SEASON ROOM Overlooking the Large Backyard complete the Main Floor. Upstairs you'll find 3 Bedrooms with Lots of Storage and Natural Light and a New Full Bath! The Basement Offers a HUGE new Rec Room with Recessed Lighting, FULL Bath and a Separate Workroom/Storage Room. 2 Car Detached Garage. DON'T MISS THIS FABULOUS OPPORTUNITY!

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Year Built

1943

Living Area

1,750 sq ft

Lot Dimensions

8525

Garage Spaces

2

Parking Spaces

2

Ownership

Fee Simple

Days on Market

7

MLS® Listing#

12649628

Property Features

Appliances

RangeMicrowaveDishwasherFreezerWasherDryerStainless Steel Appliance(s)

Cooling

Central Air

Heating

Natural Gas

Fireplace

Family Room

Basement

FinishedPartial

Parking

DetachedGarage

Laundry

In Unit

Construction

Vinyl SidingBrick

Sewer

Public Sewer

Rooms

  • 29X10Main
  • 19X12Basement
  • Bedroom 211X10Second
  • Bedroom 315X9Second
  • Bedroom 4
  • Dining Room13X11Main
  • Family Room
  • Kitchen16X10Main
  • Laundry10X6Main
  • Living Room21X12Main
  • Master Bedroom19X12Second

Schools

High:
Mundelein Cons High School
District:
Mundelein Cons High School

Financial Details

Annual Taxes

$8,046

Tax year 2024

Parcel Number

10254320010000

Directions

Lake St (Rt 45) to Lakeview to S Lake Terrace

Affordability Calculator

$85,000

Estimated monthly payment

$2,262/mo

Principal $340,000 · Est. interest $474,330 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Mundelein, IL

$432,000
Median Listing Price
23
Median Days on Market
1,662
Median Sq Ft
$247
Median Price / Sq Ft
66
Active Listings
  • This home’s price is 2% below the area median.
  • Its price per sq ft is 2% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Mundelein, IL.

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Listing Courtesy: Jameson Sotheby's Intl Realty - (773) 914-4422

Based on information submitted to the MLS GRID as of 2026-05-19. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-05-19

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Chicago Association of Realtors. MLS® Listing#12649628. © 2026EXIT Realty®. All rights reserved.