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$899,900

Address not disclosed - MLS#12397540 Libertyville, IL 60048

4 beds
2 full, 2 partial
2,918 sqft
0.4 acres
$308 / sqft
House

Property details

About This Home

Welcome to 1500 Old Peterson Rd - a beautifully updated home on a spacious corner lot in the highly sought-after Timber Creek neighborhood. Perfectly positioned along the scenic preserve with views of nature, woods, and a tranquil pond, this home offers a rare blend of privacy and community. Enjoy the incredible lifestyle Timber Creek is known for - with walking trails, parks, and a strong neighborhood feel just steps from your door. Step inside to an impressive, updated foyer featuring an all-new modern staircase that sets the tone for the rest of the home. The owners have thoughtfully brought this property into the 2020s with stylish finishes and major interior improvements, plus the not so glamorous improvements, including a new roof (2023) with CertainTeed Presidential TL luxury architectural shingles and a 30-year warranty, new garage doors, and a new washer and dryer. The kitchen is the heart of the home, complete with a center island, pantry, eat-in area, and chef-style appliances. Sliding doors open to a redone deck and patio overlooking the serene preserve. The kitchen flows into a spacious family room with 12-foot ceilings, a central fireplace, and new hardwood floors. A bright sunroom is a perfect spot to enjoy your morning coffee or an additional office space. The formal dining room features custom wainscoting and a built-in wine bar with beverage fridge, while the light-filled living room and dedicated office space offer flexible living. A beautifully updated half bath and a spacious 3-car garage complete the main level. Upstairs, the vaulted-ceiling primary suite includes a large walk-in closet, along with three additional bedrooms and a full hall bath. The finished basement adds even more living space with built-ins, a half bath with rough-in for a shower, and ample storage.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusAccepting Backup Offers
(Contingent)
CoolingCentral Air
Size2,918 sqft
BasementYes
Lot size0.41 Acres
Year built1996
ParkingConcrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
MLS #12397540
Garage3 spaces
FireplaceDouble Sided, Gas Log

Summary

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Oven, Range Hood, Gas Cooktop, Gas Oven, Humidifier
  • Basement: Yes
  • Interior: Dry Bar, Walk-In Closet(s)
  • Fireplace: Double Sided, Gas Log
  • Total Bedroom Count: 4
  • Garage Space: 3 spaces
  • Parking: Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • Architectural Style: Colonial
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • List Price: $899,900
  • Price/SqFt: $308
  • HOA Amount: $0
  • Annual Tax Amount: $15,632
  • Tax Year: 2023
  • Lot: Wooded, Landscaped
  • Year Built: 1996
  • Living Area: 2,918 SqFt
  • Lot Size: 0.41 Acres
  • MLS Number: 12397540
  • MLS Name: MRED
  • Office Name: Compass
  • Office Phone: (773) 466-7150
  • Listing Agent: Alicia Blumer

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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Copyright © 2025 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/12/2025, 10:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jun 06, 2019
Home Sold
$625,000

Tax history

YearAssessmentProperty Tax
2023$216,688$15,632
2022$197,413$16,570
2021$212,267$15,955
2020$208,698$15,569
2019$206,714$15,569
2018$200,667$14,491
2017$194,332$14,491

History based on county public records data.

Nearby schools

10

Butterfield Elementary School

Public District KG-5

1.1 mi

1441 Lake St

5

Adler Park Elementary School

Public District KG-5

1.4 mi

1740 N Milwaukee Ave

4

Mechanics Grove Elementary School

Public District 3-5

2.4 mi

1200 N Midlothian Rd

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 $148,476. The majority of Libertyville, IL residents have income $200k+ annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

3%
<35k
25%
35k-100k
34%
100k-200k
38%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

21%
Single, No Kids
4%
Single, with Kids
46%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
10%
12-17 yrs old
10%
18-34 yrs old
47%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • KmartKmart

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • LincolnLincoln

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

Similar homes for sale

This 2,918 square foot home, which was built in 1996, sits on a 0.41 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $899,900.

While more than 32 listings in Libertyville, IL in June 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 16 were sold below. The number of listings in Libertyville, IL decreased by 7.1% between May and June 2025. In June 2025, listings were on the market for 11 days. During the same period, the median list price in this real estate market was $570,000.

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

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