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Listing provided courtesy of Jameson Sotheby's Intl RealtyMREDas Distributed by MLSGrid- MLS# 12649628MLS Provider

401 S Lake TerraceMundelein, IL 60060

Single Family · 3 Beds · 2 Full Baths · 1 Half Bath · 1,750 Sq. ft.
$425,000 Active

401 S Lake Terrace Overview

Time on Site:
41 days
Visits:
6

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!

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401 S Lake Terrace Facts & Features

  • Type Single Family
  • Sq. ft. 1,750
  • Price/Sq.ft. $243

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None

School Information

  • School District: 120
  • High School: Mundelein Cons High School

Building Information

  • New Construction: No
  • Year Built: 1943

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Ivanhoe / Mundelein
  • Township: Fremont

Tax Information

  • Tax Annual Amount: $8,046.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 10254320010000
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 3
  • Bedrooms Possible: 3

Building Interior

  • Fireplace Location: Family Room

General Information

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Finished, Partial
  • Cooling: Central Air
  • Fireplaces Total: 1
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Living Area: 1750
  • Living Area Source: Estimated
  • Rooms Total: 7

Exterior

Parking Information

  • Parking Features: Yes, Detached, Garage
  • Parking Total: 2

Lot Information

  • Lot Size Dimensions: 8525
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Vinyl Siding, Brick

General Information

  • Sewer: Public Sewer

Room Information

Room: Recreation Room

  • Level: Basement
  • Dimensions: 19X12

Room: Dining Room

  • Level: Main
  • Dimensions: 13X11

Room: Kitchen

  • Level: Main
  • Dimensions: 16X10

Room: Laundry

  • Level: Main
  • Dimensions: 10X6

Room: Living Room

  • Level: Main
  • Dimensions: 21X12

Room: Sun Room

  • Level: Main
  • Dimensions: 29X10

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

Room: Family Room

  • Level: N/A

Room: Bedroom 2

  • Level: Second
  • Dimensions: 11X10

Room: Bedroom 3

  • Level: Second
  • Dimensions: 15X9

Room: Master Bedroom

  • Level: Second
  • Dimensions: 19X12

401 S Lake Terrace Neighborhood

Community

60060 (Mundelein) Demographics

39
Median Age
1,500
Population Density (per sq. mile)
50%
College Educated
$93,905
Estimated Median Income
9,912
Estimated Total Home Owners
3,128
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

401 S Lake Terrace Monthly Cost

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Jeremy Woods
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

401 S Lake Terrace Market Data

Based on the last 30 days in this zip code

$515,041
Average List Price
$222
Average Price per Square Foot
40
Properties Sold
54
Average Days on Market
145
Properties for Sale
Calculations provided by Reliance Network

401 S Lake Terrace History

Date Event Value Agent
5/24/2026Source: MRED Status Change
Active
5/19/2026Source: MRED Added to Database
May 19, 2026