Residential Income

0.25 Acre - 103 Lake Street, Mundelein, Illinois 60060

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Property Description

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 huge, 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.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : MRD12298822
Price : $375,000
Bedrooms : 5
Bathrooms : 3
Year Built : 1895
Lot Area : 0.25 Acre
Features
Basement : Full
Roof Deck : Asphalt
Parking : 5
Address Map
Country : US
State : IL
County : Lake
City : Mundelein
Zipcode : 60060
Street : Lake
Street Number : 103
Street Suffix : Street
Floor Number : 0
Longitude : W89° 59' 47.3''
Latitude : N42° 15' 39.7''
Area : Ivanhoe / Mundelein
Street Dir Prefix : S
MLS Addon
Agent Name : Stewart
Architectural Style : Farmhouse
CommunityFeatures : Park
DaysOnMarket : 16
Directions : LAKE ST & ORCHARD JUST SOUTH OF DOWNTOWN
ElementarySchool : Washington Early Learning Center
ExteriorFeatures : Storms/screens, Workshop, Cable Access
HighSchool : Mundelein Cons High School
List Agent Full Name : Stewart Ramirez
List Agent MLSID : MRD21045
List Office MLSID : MRD27849
List Office Name : E- Signature Realty
LotFeatures : Corner Lot, Streetlights, Sidewalks
MiddleOrJuniorSchool : Carl Sandburg Middle School
Parcel Number : 11303090010000
Sewer : Public Sewer
Tax Year : $2,023
Zoning : MULTI
GarageSpaces : 5
ListAgentLastName : Ramirez
Annual Tax Amount : $0
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Status : Active Under Contract
PhotosChangeTimestamp : 27/02/2025 01:56:03
Residential Income For Sale
  • Listing ID : MRD12298822
  • Bedrooms : 5
  • Bathrooms : 3
  • Lot Area : 0.25 Acre
$375,000
Agent info
Contact Agent