$375,000

103 S Lake St Mundelein, IL 60060

$4,453
Closing credit¹
4 beds
3 full
3,000 sqft
0.4 acres
$125 / sqft
House

Property details

About 103 S Lake St

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 massive, 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. It would make an awesome and impressive single family home!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Steam, Baseboard
StatusActive
(New)
CoolingWall Unit(s)
Size3,000 sqft
BasementYes
Lot size0.42 Acres
Year built1895
MLS #12298869
Garage5 spaces

Summary

  • MLS Number: 12298869
  • MLS Name: MRED
  • Office Name: E- Signature Realty
  • Office Phone: (847) 693-0213
  • Office Email: stewartramirez66@gmail.com
  • Listing Agent: Stewart Ramirez

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Get an agent. Get a mortgage. Save big.¹

exterior space featuring driveway and a front lawn

$375,000

103 S Lake St

$4,453

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

4

West Oak Intermediate School

Public District 3-5

1.4 mi

26156 N Acorn Ln

4

Mechanics Grove Elementary School

Public District 3-5

1.8 mi

1200 N Midlothian Rd

8

Hawthorn Elementary School North

Public District 1-5

2.0 mi

301 W Hawthorn Pkwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $69,505. Residents of Mundelein, IL typically earn between $35k-100k each year. The most common type of family is married, with kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

17%
<35k
61%
35k-100k
18%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

30%
Single, No Kids
14%
Single, with Kids
24%
Married, No Kids
32%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
11%
12-17 yrs old
26%
18-34 yrs old
38%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Mexican League SoccerMexican League Soccer
  • BasketballBasketball

Where do the neighbors shop?

  • Stein MartStein Mart
  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • Church's ChickenChurch's Chicken
  • Jasons DeliJasons Deli

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • AcuraAcura

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 103 S Lake St

This home is located at 103 S Lake St in Mundelein, IL and zip code 60060 in the Lakewood Heights neighborhood. This 3,000 square foot home, which was built in 1895, sits on a 0.42 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 26, 2025 and is currently priced at $375,000.

Over 12 listings were sold over their listed price in February 2025 in Mundelein, IL. In the same period over 10 listings were sold below the listed price and 2 listings were sold for the listed price. The number of homes for sale in Mundelein, IL increased by 37.5% between January and February 2025. Listings spent 27 days on the market in February 2025, and had a median list price of $359,800 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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