Sold334d on marketHistoric · 131 yrs
103 S Lake St
Mundelein, IL, 60060 • 60060 • Lake County
$365,000
4Beds
2Baths
0.42 acLot
1895Built
Property DNA
Farmhouse Style
Built 1895 · 131 years of history
Lakewood Heights
60060
Workshop
Workshop
5-Car Garage
Garage Door Opener · Tandem · On Site · Garage Owned · Detached · Garage
Market activity
Demand and pricing signals for this listing
16 views
People checking out this listing
334 days on market
Established listing
About this home
Multi Family · Built 1895 · Historic
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.
Standout features identified
Our analysis highlights extended driveway, abundant space for vehicles, and corner lot as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,276/month
Principal & Interest$1,789
Property Tax$365
Insurance$122
Down payment20% ($73,000)
3%50%
Est. 6.20% rate · 30yr fixed · $292,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1895
HeatingSteam, Radiant
Parking5 Garage spaces
Property
Home typeMulti Family
Sub-typeMulti Family
StyleFarmhouse
Year built1895
Systems
HeatingSteam, Radiant
RoofAsphalt
ConstructionFrame
Water / SewerLake Michigan / Public Sewer
Parking & Outdoor
ParkingGarage Door Opener, Tandem, On Site, Garage Owned, Detached, Garage
Garage5 spaces
BasementPartially Finished,Block,8 ft + pour,Full
Lot0.42 Acres
Location & Tax
Neighborhood60060
ZoningMULTI
Annual tax$7,260
Parcel1130309002
Bathrooms & Fees
Full baths3
Features & details
10 categories of property features
Interior Features
Appliances
Gas Water Heater
Heating
Steam
Radiant
Windows
Screens
Exterior Features
Parking
Garage Door Opener
Tandem
On Site
Garage Owned
Detached
Garage
Construction
Frame
Lot Features
Corner Lot
Community
Park
Sidewalks
Street Lights
Utilities
Cable Available
Other Equipment
TV-Cable
Ceiling Fan(s)
Other Structures
Workshop
Listing insights
Market data and value estimates
StatusSold
Days on market334
Est. value$379,700
Est. rent$2,165/mo
Tax rate2.60%
On marketFeb 26, 2025
PostedFeb 26, 2025
Last sold$365,000
MLS statusClosed
MLS updatedMay 14, 2025
Tour days6
Views16
How are the schools in Mundelein?
3 schools rated nearby
Location
Mundelein, IL, 60060
Price history
7 events
DateEventPrice$/sqftSource
May 11, 2025Sold$365,000—MRED as distributed by MLS GRID
Mar 13, 2025Contingent$375,000—MRED as distributed by MLS GRID
Feb 26, 2025Listed For Sale$375,000—MRED as distributed by MLS GRID
Jun 24, 2015Listing Removed$215,000—Stedmans Real Estate
May 8, 2015Price Change$215,000—Stedmans Real Estate
Jan 7, 2015Price Change$250,000—Stedman's Real Estate
Dec 11, 2014Listed For Sale$299,000—Stedman's Real Estate
Sold$365,000
May 11, 2025•MRED as distributed by MLS GRID
Contingent$375,000
Mar 13, 2025•MRED as distributed by MLS GRID
Listed For Sale$375,000
Feb 26, 2025•MRED as distributed by MLS GRID
Listing Removed$215,000
Jun 24, 2015•Stedmans Real Estate
Price Change$215,000
May 8, 2015•Stedmans Real Estate
Price Change$250,000
Jan 7, 2015•Stedman's Real Estate
Listed For Sale$299,000
Dec 11, 2014•Stedman's Real Estate
Tax history
22 years of records
YearTax paidAssessed value
Apr 11, 2023$5,248$64,374
Apr 11, 2022$5,363$57,646
Apr 11, 2021$5,203$55,407
Apr 11, 2020$4,796$50,765
Apr 11, 2019$4,271$45,711
Apr 11, 2018$4,184$45,527
Apr 11, 2017$4,184$44,090
Apr 11, 2016$3,911$41,803
Apr 11, 2015$3,931$39,072
Apr 11, 2014$4,898$38,548
Apr 11, 2012$4,767$48,604
Apr 11, 2011$6,097$69,586
Apr 11, 2010$5,848$73,248
Apr 11, 2009$5,594$76,808
Apr 11, 2008$5,720$79,208
Apr 11, 2006$4,518$76,500
Apr 11, 2005$4,396—
Apr 11, 2004$4,351—
Apr 11, 2003$4,122—
Apr 11, 2002$3,649—
Apr 11, 2001—$42,596
Apr 11, 2000$3,224$41,521
Nearby homes
Neighborhood details
Local context around this listing
Mundelein, IL • Lake County
Nearby cities
AntiochBuffalo GroveGurneeHighland ParkLibertyvilleMundeleinRound Lake BeachVernon Hills
Nearby zip codes
60060
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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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