1519 S Elizabeth Ln Unit 1 Round Lake, IL 60073
Estimated payment $3,043/month
Highlights
- Water Views
- Home fronts a pond
- Community Lake
- Park Campus Rated A-
- Mature Trees
- 5-minute walk to Amarias Park
About This Home
Lovingly cared for by its original owner, this Lakewood Grove gem is ready for its next chapter. Step into the two-story foyer that leads to the formal living and dining rooms, and a versatile first-floor office/den. The updated kitchen includes an island and breakfast area that opens to a deck overlooking a private, peaceful pond. Upstairs, the master bedroom suite offers walk-in closets, joined by three additional bedrooms and an open loft (possible 4th bedroom). The finished lookout basement with a full bathroom adds valuable living space. Located in the sought-after Grayslake school district, this home combines comfort, functionality, and community in one exceptional package.
Listing Agent
Keller Williams North Shore West License #471014148 Listed on: 10/23/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,972
Year Built
- Built in 2004
Lot Details
- Lot Dimensions are 80x130
- Home fronts a pond
- Mature Trees
- Wooded Lot
HOA Fees
- $39 Monthly HOA Fees
Parking
- 2 Car Garage
- Driveway
Home Design
- Traditional Architecture
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,405 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Family Room
- Living Room
- Formal Dining Room
- Home Office
- Recreation Room
- Loft
- Water Views
Kitchen
- Breakfast Area or Nook
- Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Schools
- Park Campus Elementary School
- Grayslake Central High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Additional Features
- Deck
- Property is near a park
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Community Details
Overview
- Association fees include clubhouse, pool
- Lakewood Grove Subdivision
- Community Lake
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,926 | $99,466 | $20,204 | $79,262 |
| 2023 | $11,438 | $91,136 | $18,512 | $72,624 |
| 2022 | $11,438 | $81,096 | $15,701 | $65,395 |
| 2021 | $11,077 | $76,537 | $15,162 | $61,375 |
| 2020 | $11,199 | $74,431 | $14,745 | $59,686 |
| 2019 | $11,631 | $71,983 | $14,260 | $57,723 |
| 2018 | $10,703 | $64,580 | $13,469 | $51,111 |
| 2017 | $10,748 | $62,547 | $13,045 | $49,502 |
| 2016 | $10,750 | $59,405 | $12,390 | $47,015 |
| 2015 | $8,435 | $55,690 | $11,615 | $44,075 |
| 2014 | $7,564 | $51,883 | $11,203 | $40,680 |
| 2012 | $7,076 | $52,343 | $11,302 | $41,041 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2025 11/05/25 | Pending | -- | -- | -- |
| 10/23/2025 10/23/25 | For Sale | $430,000 | -- | $179 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $292,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | Stand Alone First |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12479727
APN: 10-05-403-002
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