Price Reduction
Address
61 PARK Avenue, Lake Zurich, IL
Price
$ 340,000
Property Attributes
  • MLS#12015768
  • TypeContingent
  • CountyLAKE
  • CityLake Zurich
  • AreaHawthorn Woods - Lake Zurich - Kildeer - Long Grov
  • NeighborhoodLake Zurich Highlands
  • Zip60047
  • Style
  • Year Built1899
  • Taxes$ 9168
  • Price$ 340,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1408
  • Lot Size1.0259 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Nestled in downtown Lake Zurich, this charming yet in need of renovation four plus one bedroom, two bath home presents a unique opportunity for those looking to restore or expand a classic property. Situated just a short walk from Lake Zurich, this home sits on four lots totaling over an acre, offering ample space for potential improvements. The living and dining rooms provide a spacious layout for entertaining, and the main level bedroom or office allows for flexible use. Upstairs, three additional bedrooms await transformation. With a full basement featuring a family room, fifth bedroom, workroom, laundry room, and full bath, there is plenty of room to reimagine this space. A huge detached four car garage can fit up to six vehicles and has tons of room for workshop with large machines. Three of the lots lack main road access, the possibility of adding an easement opens up exciting prospects, or use all four lots and build your dream home! Bring your vision and creativity to breathe new life into this historic home.

Elementary School Middle School High School
May Whitney Elementary School Lake Zurich Middle - N Campus Lake Zurich High School
Price History
3/28/2024 Listed $399,900
4/1/2024 15% - $340,000

General Features

Interior Features Hardwood Floors,First Floor Bedroom
Sewer Public Sewer
Heating Natural Gas,Forced Air
Cooling Window/Wall Units - 2
Possession Closing
Appliances Range,Microwave
Exterior Features Porch Screened,Storms/Screens
Garage Spaces 4
Association Fee Includes None
Year Built 1899
Township Ela
Tax Year 2022
Percent Ownership Fee Simple
Community Features Park,Lake,Street Paved
Assoc Fee Paid Per Not Applicable
County Lake
New Construction No
Property Type Residential
Contingency Attorney/Inspection
Total Rooms 10
Status Contingent
Directions Main Street and N Old Rand South ... Main Street South to Park left to home
High School Lake Zurich High School
City Lake Zurich
High School District 95
MLS Area Hawthorn Woods / Lake Zurich / Kildeer / Long Grove
Waterfront Y/N No
Street Name PARK
Elementary School May Whitney Elementary School
Tax Annual Amount 9168.82
Middle/Junior High School Lake Zurich Middle - N Campus
Additional Parcels Y/N Yes
Days on Market 18
Standard Status Active Under Contract
Middle/Junior School District 95
Elementary School District 95
Property Type Detached Single

Interior Features

Basement Full
Total Fireplaces 1
Fireplace Features Wood Burning Stove
Full Baths 2
Street Suffix Avenue
Total Bedrooms 4
Room Type Bedroom 5,Workshop
LivingAreaSource Assessor
Total Baths 2
Bedrooms Possible 5
Basement Partially Finished,Exterior Access

Exterior Features

Lot Features Landscaped
Water Source Public
Total Parking 4
Lot Dimensions 66X150X66X150
Lot Size Acres 1.0259
Other Equipment Ceiling Fan(s)
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Wood Siding

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 60047

Price
AVG $700K
$340K
Taxes
AVG $14,060
$9,168
Visits
AVG 165
102
Data Provided by Inside Real Estate®
Year Built
AVG 1993
1899

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