508 Fairlawn Ave Libertyville, IL 60048
Cambridge-Liberty Village NeighborhoodEstimated payment $4,546/month
Total Views
1,509
5
Beds
2.5
Baths
3,024
Sq Ft
$215
Price per Sq Ft
Highlights
- Recreation Room
- Wood Flooring
- Breakfast Bar
- Rockland Elementary School Rated A-
- Formal Dining Room
- 4-minute walk to Duane Laska Park
About This Home
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!
Listing Agent
@properties Christie's International Real Estate License #475187264 Listed on: 07/21/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,845
Year Built
- Built in 1975 | Remodeled in 1993
Lot Details
- 10,498 Sq Ft Lot
Parking
- 2 Car Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 3,024 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Family Room with Fireplace
- Living Room
- Formal Dining Room
- Recreation Room
- Storage Room
- Laundry Room
- Basement Fills Entire Space Under The House
- Breakfast Bar
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
Schools
- Rockland Elementary School
- Highland Middle School
- Libertyville High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Map
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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 | $11,845 | $201,475 | $66,439 | $135,036 |
| 2023 | $13,497 | $185,828 | $61,279 | $124,549 |
| 2022 | $13,497 | $179,767 | $58,900 | $120,867 |
| 2021 | $12,987 | $175,897 | $57,632 | $118,265 |
| 2020 | $12,492 | $172,940 | $56,663 | $116,277 |
| 2019 | $12,183 | $171,295 | $56,124 | $115,171 |
| 2018 | $10,715 | $156,962 | $55,896 | $101,066 |
| 2017 | $10,560 | $152,006 | $54,131 | $97,875 |
| 2016 | $10,188 | $144,123 | $51,324 | $92,799 |
| 2015 | $10,066 | $134,707 | $47,971 | $86,736 |
| 2014 | $10,875 | $144,697 | $45,073 | $99,624 |
| 2012 | $10,595 | $143,091 | $44,573 | $98,518 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Pending | -- | -- | -- |
| 07/21/2025 07/21/25 | For Sale | $650,000 | -- | $215 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $192,000 | New Conventional | |
| Closed | $204,700 | New Conventional | |
| Closed | $208,300 | Adjustable Rate Mortgage/ARM | |
| Closed | $211,400 | Adjustable Rate Mortgage/ARM | |
| Closed | $213,200 | Adjustable Rate Mortgage/ARM | |
| Closed | $231,500 | Adjustable Rate Mortgage/ARM | |
| Closed | $230,000 | Unknown | |
| Previous Owner | $123,000 | Unknown |
Source: Public Records
Similar Homes in Libertyville, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12426095
APN: 11-21-308-019
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