5510 Fairmont Rd Libertyville, IL 60048
Southwest Waukegan NeighborhoodEstimated payment $10,502/month
Highlights
- Second Kitchen
- Home Theater
- Recreation Room
- Oak Grove Elementary School Rated A
- Viking Appliances
- Freestanding Bathtub
About This Home
This extraordinary 5-bedroom, 4 full and 2 half-bath Brick Georgian estate redefines sophistication, offering top-tier elegance and modern functionality at every turn. From the moment you enter the grand two-story foyer, the home's elevated design and impeccable attention to detail become immediately evident-anchored by richly finished hardwood floors, soaring ceilings, and designer lighting throughout. Just off the foyer, the formal dining room makes an unforgettable impression. Framed by intricate custom millwork and architectural detailing, this space is crowned by a breathtaking showstopper chandelier-an artful centerpiece that casts a warm, opulent glow for elevated dinner parties or holiday gatherings. It's a room where timeless craftsmanship meets contemporary glamour. The main floor also features a dedicated office, ideal for remote work or quiet study, and a sprawling family room complete with a gas fireplace, full wall custom wet bar, and seamless flow to the heart of the home-a gourmet kitchen. Outfitted with professional-grade appliances including a Viking range and Sub-Zero refrigerator, this kitchen was designed with both beauty and function in mind. A cozy coffee bar nook and informal dining area offer casual gathering spaces filled with light and warmth. The spacious laundry room tucked off the kitchen provides added convenience. The first-floor primary suite is a sanctuary unto itself, offering dramatic custom window treatments and serene views of the backyard. The spa-style en suite bath features dual vanities, a freestanding therapeutic tub, an oversized walk-in shower, a towel-warming drawer, and a secondary washer and dryer, all designed to create a private, luxurious experience. A generous walk-in closet completes the retreat. Upstairs, you'll find four additional bedrooms-including two oversized guest suites with secondary living areas and en suite baths. One bedroom is currently styled as a second home office, reflecting the home's flexible, thoughtful layout. Each bathroom is accented with custom finishes and fine materials, continuing the home's cohesive, upscale aesthetic. The lower level offers a true extension of the living space and is a destination in itself. Perfect for entertaining on any scale, the basement includes a spacious gathering lounge, a kitchenette ideal for crafts or casual serving, a game room large enough for a pool table and arcade games, and an incredible full bar/second kitchen with high-end finishes and plenty of seating. The crown jewel of the lower level is the private home theater, complete with tiered seating for 12 or more guests, immersive surround sound, and ambient lighting-bringing the cinematic experience home. Step outside into a backyard oasis designed for year-round enjoyment. A retractable pergola provides prefect coverage over the spa, while an oversized patio features both a full outdoor fireplace and a separate firepit area. The outdoor kitchen is equipped for serious entertaining, surrounded by beautifully manicured greenspace and mature landscaping that offers both privacy and tranquility. Additional premium features include a new roof, whole-house generator, 4-zone HVAC, state-of-the-art security system with license plate recognition, advanced underground drainage system, and epoxy-coated floors in the heated 3-car garage. The location is perfectly blended to provide peace and quiet, access to Independence Grove Forest Preserve, walking trails, downtown Libertyville, I-94, all within highly rated Oak Grove Elementary and Libertyville High School districts. This is more than just a home-it's a statement of elevated living, masterfully blending luxury, comfort, and functionality in every detail.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,578
Year Built
- Built in 1993
Lot Details
- 0.93 Acre Lot
HOA Fees
- $50 Monthly HOA Fees
Parking
- 3 Car Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 4,874 Sq Ft Home
- 2-Story Property
- Bar Fridge
- Entrance Foyer
- Family Room with Fireplace
- Family Room Downstairs
- Living Room
- Dining Room
- Home Theater
- Home Office
- Recreation Room
- Bonus Room
- Game Room
- Home Gym
Kitchen
- Second Kitchen
- Breakfast Bar
- Range with Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- Wine Refrigerator
- Viking Appliances
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Freestanding Bathtub
Laundry
- Laundry Room
- Laundry in multiple locations
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Schools
- Oak Grove Elementary School
- Libertyville High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- Cory Kelly Association, Phone Number (847) 712-7443
- Property managed by Nickels and Dimes HOA
Listing and Financial Details
- Homeowner Tax Exemptions
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 | $27,663 | $323,611 | $98,358 | $225,253 |
2023 | $29,767 | $289,786 | $88,077 | $201,709 |
2022 | $29,767 | $304,258 | $84,656 | $219,602 |
2021 | $27,325 | $278,233 | $77,415 | $200,818 |
2020 | $27,487 | $273,555 | $76,113 | $197,442 |
2019 | $27,438 | $270,954 | $75,389 | $195,565 |
2018 | $31,195 | $306,975 | $89,015 | $217,960 |
2017 | $30,389 | $297,284 | $86,205 | $211,079 |
2016 | $31,144 | $329,119 | $86,206 | $242,913 |
2015 | $34,275 | $307,617 | $80,574 | $227,043 |
2014 | $32,313 | $302,560 | $79,492 | $223,068 |
2012 | $28,916 | $290,654 | $76,365 | $214,289 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/13/2025 06/13/25 | For Sale | $1,499,000 | 0.0% | $308 / Sq Ft |
05/07/2025 05/07/25 | For Sale | $1,499,000 | -- | $308 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available | |
Warranty Deed | $520,500 | Land Title Group Inc |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $150,000 | Credit Line Revolving | |
Open | $572,000 | New Conventional | |
Closed | $399,500 | New Conventional | |
Closed | $410,000 | Unknown | |
Closed | $300,000 | Credit Line Revolving | |
Closed | $250,000 | Credit Line Revolving | |
Previous Owner | $414,200 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12341690

APN: 11-03-102-033
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