Sold224d on market
508 Fairlawn Ave
Libertyville, IL, 60048 • 60048 • Lake County
$642,000
$212/sqft
5Beds
3Baths
3,024Sqft
0.24 acLot
1975Built
Property DNA
1 Fireplace
Wood Burning · Family Room
2-Car Garage
On Site · Garage Owned · Attached · Garage
This home is getting attention
Listed 224 days ago · 20 views · 1 saves
Market activity
Demand and pricing signals for this listing
20 views
People checking out this listing
1 saves
Buyers have saved this home
224 days on market
Established listing
$212/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 14% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1975
Welcome to this wonderful 5-bedroom, 2.1-bathroom home that has been lovingly cared for and is ready for its new owners! Ideally situated in a fabulous neighborhood, this spacious 3,021 square foot home is just a short walk to downtown Libertyville, top-rated schools, and local parks. Step inside to find gleaming hardwood floors throughout most of the main level. Enjoy a bright and inviting living room, a separate formal dining room, and a flexible main-floor room perfect as a bedroom, home office, or playroom. The heart of the home is the expanded family room, featuring a charming brick wood-burning fireplace and custom built-in bookcase. The kitchen offers an island, a generous eat-in area, and direct access to the brick paver patio, perfect for outdoor entertaining. Upstairs, you'll find four spacious bedrooms and two full bathrooms, including a large primary suite. The finished basement adds even more living space with a sizable recreation room and excellent storage. Don't miss this opportunity to own a beautiful home in one of Libertyville's most desirable neighborhoods!
Estimated monthly payment
Based on current rates
$3,962/month
Principal & Interest$3,106
Property Tax$642
Insurance$214
Down payment20% ($128,400)
3%50%
Est. 6.08% rate · 30yr fixed · $513,600 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1975
HeatingNatural Gas
CoolingCentral Air
Parking2 Attached Garage spaces
Lot10,497 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1975
Stories2
Systems
HeatingNatural Gas
CoolingCentral Air
ConstructionBrick
Water / SewerLake Michigan / Public Sewer
Parking & Outdoor
ParkingOn Site, Garage Owned, Attached, Garage
Garage2 spaces
BasementPartially Finished,Full
Fireplaces1
Lot10,497 sqft
Location & Tax
Neighborhood60048
Annual tax$11,845
Parcel1121308019
Bathrooms & Fees
Full baths2
Features & details
6 categories of property features
Interior Features
Heating
Natural Gas
Cooling
Central Air
Fireplace
Wood Burning
Family Room
Accessibility
No Disability Access
Exterior Features
Parking
On Site
Garage Owned
Attached
Garage
Construction
Brick
Room details
19 rooms detailed
Master Bedroom
Second12×21 ft252 sqft
Flooring (Carpet)Bathroom (Full)
Bedroom2
Second11×15 ft165 sqft
Flooring (Carpet)
Bedroom3
Second10×17 ft170 sqft
Flooring (Carpet)
Bedroom4
Second15×11 ft165 sqft
Flooring (Carpet)
Bedroom5
Main12×18 ft216 sqft
Other
Listing insights
Market data and value estimates
StatusSold
Days on market224
Est. value$329,900
Est. rent$5,005/mo
Tax rate2.60%
Price/sqft$212
On marketJul 21, 2025
PostedJul 21, 2025
Last sold$642,000
MLS statusClosed
MLS updatedSep 2, 2025
Tour days6
Views20
Favorites1
How are the schools in Libertyville?
3 schools rated nearby
Location
Libertyville, IL, 60048
Price history
5 events
DateEventPrice$/sqftSource
Aug 29, 2025Sold$642,000$212MRED as distributed by MLS GRID
Aug 23, 2025Pending Sale$650,000$215MRED as distributed by MLS GRID
Jul 25, 2025Contingent$650,000$215MRED as distributed by MLS GRID
Jul 21, 2025Price Change$650,000$215MRED as distributed by MLS GRID
Jun 22, 2025Listed For Sale$679,000$225MRED as distributed by MLS GRID
Sold$642,000
Aug 29, 2025•$212/sqft•MRED as distributed by MLS GRID
Pending Sale$650,000
Aug 23, 2025•$215/sqft•MRED as distributed by MLS GRID
Contingent$650,000
Jul 25, 2025•$215/sqft•MRED as distributed by MLS GRID
Price Change$650,000
Jul 21, 2025•$215/sqft•MRED as distributed by MLS GRID
Listed For Sale$679,000
Jun 22, 2025•$225/sqft•MRED as distributed by MLS GRID
Tax history
22 years of records
YearTax paidAssessed value
Apr 11, 2023$11,845$201,475
Apr 11, 2022$13,497$185,828
Apr 11, 2021$12,987$179,767
Apr 11, 2020$12,492$172,940
Apr 11, 2019$12,183$171,295
Apr 11, 2018$10,560$156,962
Apr 11, 2017$10,560$152,006
Apr 11, 2016$10,066$144,123
Apr 11, 2015$10,916$134,707
Apr 11, 2014$10,875$144,697
Apr 11, 2012$10,595$143,091
Apr 11, 2011$10,442$158,628
Apr 11, 2010$10,601$165,039
Apr 11, 2009$9,818$166,135
Apr 11, 2008$9,948$168,878
Apr 11, 2006$9,206$163,104
Apr 11, 2005$8,820—
Apr 11, 2004$8,312—
Apr 11, 2003$8,071—
Apr 11, 2002$7,223—
Apr 11, 2001$6,825$97,407
Apr 11, 2000$7,244$103,124
Nearby homes
Neighborhood details
Local context around this listing
Libertyville, IL • Lake County
Nearby neighborhoods
Green Oaks
Nearby cities
AntiochBuffalo GroveGurneeHighland ParkLibertyvilleMundeleinRound Lake BeachVernon Hills
Nearby zip codes
600446004860092
Similar homes
Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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