NOT LISTED FOR SALE

527 S Prairie Ave Mundelein, IL 60060

Estimated Value: $635,000 - $698,635

4 Beds
3 Baths
3,859 Sq Ft
$170/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $600,000 $155 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,195/month

28 Days on Market

Highlights

  • Water Views
  • Multiple Garages
  • Community Lake
  • Mundelein Cons High School Rated A
  • Mature Trees
  • 1-minute walk to Robert Lewandoski Park

About This Home

As of May 2024

Nestled along the shores of Diamond Lake in Mundelein, this exceptional hillside residence offers a captivating setting with stunning 180-degree lake views on every level. Featuring over 3,500 sq. ft. of meticulously renovated living space across multiple tiers, the home is bathed in natural light, inviting you to savor the beauty and tranquility of Diamond Lake.Upon entering, you'll discover beautifully refinished hardwood flooring, a new roof installed in 2021 with solar panels, and a freshly constructed wraparound wooden patio that provides ample space for entertaining. The residence comprises four bedrooms, three bathrooms, and a newly redesigned gourmet kitchen adorned with top-of-the-line finishes and a convenient breakfast bar. The kitchen is equipped with high-end appliances, generous cooking and storage space, and large custom windows offering breathtaking views of Diamond Lake. The spacious dining room adds to the overall charm of the home. Descending to the basement, you'll find a roomy family room featuring a natural stone wood-burning fireplace and a fully stocked wet bar for your convenience. Additionally, there's a recreational room designed to cater to all your media and entertainment needs, along with a separate laundry area. The property includes two 1.5-car garages and ample driveway space for over 5 vehicles. Ideally situated adjacent to a neighborhood park and just minutes away from the Diamond Lake Park District with its beach and park/playground, this home provides easy access to restaurants, shopping, the Metra commuter rail, and a boat/kayak launch.The seller's request for a tax appeal has been successfully approved by the tax appeal board.

Last Agent to Sell the Property

Sebastian Hernandez

Baird & Warner License #471018054 Listed on: 03/05/2024

Baird & Warner

Last Buyer's Agent

Susan Duchek

Picket Fence Realty License #471003751

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,764

Year Built

  • Built in 1972 | Remodeled in 2022

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60x120x60x120
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Multiple Garages
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Shake Roof
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,859 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Recreation Room
  • Storage Room
  • Wood Flooring
  • Water Views
  • Carbon Monoxide Detectors

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Recreation or Family Area in Basement

Outdoor Features

  • Balcony
  • Deck
  • Porch

Location

  • Property is near a park

Schools

  • Washington Early Learning Center Elementary School
  • Carl Sandburg Middle School
  • Mundelein Cons High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas

Community Details

  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,764

Year Built

Built in 1972 | Remodeled in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1972
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Built-In Oven, Range Hood
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 3859
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Recreation Room, Foyer, Storage, Walk In Closet
  • Estimated Total Finished Sq Ft: 2566
  • Basement Description: Finished,Rec/Family Area
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 2566
  • Basement Sq Ft: 1283
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 3849
  • Upper Level Sq Ft: 2566

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 629900
  • Lot Features: Park Adjacent, Water View, Mature Trees
  • Roof: Asphalt, Shake
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • OpenParkingSpaces: 4
  • ParkingTotal: 6
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Zoned
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Washington Early Learning Center
  • High School: Mundelein Cons High School
  • Middle/Junior School: Carl Sandburg Middle School
  • Middle/Junior School District: 75

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1653
  • Lot Dimensions: 60X120X60X120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 16764.08
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
May 20, 2024
Sold by
Mb Swift Incorporated
Bought by
Knowlden Brandon
Seller's Agent
Sebastian Hernandez
Baird & Warner
Buyer's Agent
Susan Duchek
Picket Fence Realty
List Price
$629,900
Sold Price
$600,000
Premium/Discount to List
-$29,900
-4.75%
Views
1756
Current Estimated Value
$654,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,409
Avg. Annual Appreciation
6.20%

Purchase Details

Listed on
Aug 4, 2022
Closed on
Sep 19, 2022
Sold by
Birch Company
Bought by
Mb Swift Incorporated
Seller's Agent
Bryan Belcher
Prestige Real Estate Group Inc
Buyer's Agent
Elizabeth Goodchild
Realty of America
Sold Price
$3,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,000
Interest Rate
6.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 13, 2021
Sold by
Sierra John and Sierra Elena
Bought by
Birch Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 17, 2008
Sold by
Sierra John and Sierra Laura
Bought by
Sierra John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,800
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 11, 2003
Sold by
Bartlett Stephen and Bartlett Gretchen
Bought by
Sierra John R and Sierra Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Knowlden Brandon $600,000 None Listed On Document
Mb Swift Incorporated -- --
Birch Company $385,000 Regency Title Services Inc
Sierra John -- None Available
Sierra John R $510,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mb Swift Incorporated $353,000
Previous Owner Birch Company $300,000
Previous Owner Sierra John $30,000
Previous Owner Sierra John R $287,000
Previous Owner Sierra John $31,800
Previous Owner Sierra John R $322,000
Previous Owner Sierra John R $322,000
Previous Owner Sierra John R $408,000
Previous Owner Bartlett Stephen G $261,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $600,000 0.0% $155 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/29/2024 03/29/24 Off Market $600,000 -- --
03/05/2024 03/05/24 For Sale $629,900 0.0% $163 / Sq Ft
08/07/2022 08/07/22 Rented $3,500 0.0% --
08/04/2022 08/04/22 For Rent $3,500 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $19,349 $218,733 $43,296 $175,437
2023 $19,349 $182,196 $36,064 $146,132
2022 $16,764 $155,832 $35,637 $120,195
2021 $14,519 $141,832 $34,388 $107,444
2020 $14,293 $137,929 $33,442 $104,487
2019 $13,842 $133,393 $32,342 $101,051
2018 $14,021 $134,833 $29,080 $105,753
2017 $13,850 $130,589 $28,165 $102,424
2016 $13,512 $124,028 $26,750 $97,278
2015 $13,202 $116,272 $25,077 $91,195
2014 $12,638 $111,014 $23,668 $87,346
2012 $13,717 $114,537 $25,341 $89,196
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11996769

Midwest Real Estate Data (MRED)

APN: 10-25-433-005