$490,000

1270 Benson Ln Libertyville, IL 60048

Estimated payment $3,511/month

Total Views 19,440
2 Beds
1 Bath
1,039 Sq Ft
$472 Price per Sq Ft

Highlights

  • 2.4 Acre Lot
  • Ranch Style House
  • Living Room
  • Oak Grove Elementary School Rated A
  • Enclosed Patio or Porch
  • Laundry Room

About This Home

An exceptional opportunity awaits in highly sought-after Green Oaks. This rare 2.4-acre parcel offers an expansive and private setting on a quiet, deep lot-ideal for those seeking space and seclusion while remaining close to top-rated schools, nature preserves, and all the amenities of Libertyville. The existing home offers generous living space with potential for expansion, but it does require significant investment due to major foundation issues. A full foundation replacement is needed, making this a prime candidate for redevelopment. Whether you're envisioning a complete rebuild or a bold renovation project, the value here is truly in the land. Opportunities like this don't come often-create your dream estate in one of Lake County's most desirable communities.

Listing Agent

Benjamin Lovinger

Baird & Warner License #475187079 Listed on: 06/30/2025

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,087

Year Built

  • Built in 1950

Lot Details

  • 2.4 Acre Lot
  • Lot Dimensions are 165 x 628

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,039 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Oak Grove Elementary School
  • Libertyville High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,087

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1039
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1039
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Brick, Combination
  • List Price: 490000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, On Site, Attached, Garage
  • ParkingTotal: 8

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Oak Grove Elementary School
  • High School: Libertyville High School
  • Middle/Junior School: Oak Grove Elementary School
  • Middle/Junior School District: 68

Lot Info

  • Lot Size Acres: 2.4
  • Lot Dimensions: 165 X 628
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 10087.28
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,637 $132,824 $84,174 $48,650
2023 $9,131 $122,509 $77,637 $44,872
2022 $9,131 $117,472 $74,623 $42,849
2021 $8,784 $114,944 $73,017 $41,927
2020 $8,464 $113,011 $71,789 $41,222
2019 $7,907 $111,936 $71,106 $40,830
2018 $6,101 $92,925 $80,389 $12,536
2017 $5,946 $89,991 $77,851 $12,140
2016 $7,972 $111,393 $73,813 $37,580
2015 $7,849 $104,116 $68,991 $35,125
2014 -- $102,719 $68,065 $34,654
2012 $7,750 $103,610 $68,655 $34,955
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Price Changed $490,000 -16.9% $472 / Sq Ft
06/30/2025 06/30/25 For Sale $590,000 +118.5% $568 / Sq Ft
08/12/2016 08/12/16 Sold $270,000 -12.6% $260 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
05/23/2016 05/23/16 Price Changed $309,000 -6.6% $297 / Sq Ft
02/10/2016 02/10/16 Price Changed $331,000 -2.6% $319 / Sq Ft
11/12/2015 11/12/15 Price Changed $339,900 -2.9% $327 / Sq Ft
10/08/2015 10/08/15 For Sale $349,900 -- $337 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Deed $270,000 Ct
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $216,000 New Conventional
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12398931

Midwest Real Estate Data (MRED)

APN: 11-14-103-003