877 Fair Way Libertyville, IL 60048
Estimated payment $7,304/month
Total Views
164,853
5
Beds
5
Baths
4,428
Sq Ft
$226
Price per Sq Ft
Highlights
- Open Floorplan
- Fireplace in Kitchen
- Recreation Room
- Oak Grove Elementary School Rated A
- Property is near a park
- Wood Flooring
About This Home
Welcome to 877 Fair Way - A beautifully updated home in one of Libertyville's most desirable neighborhoods, Terre Fair. This move-in ready residence offers a perfect blend of modern upgrades and timeless charm. Nestled on a 1+ acre lot with a fully fenced in yard. Step inside to discover a thoughtfully renovated interior featuring large eat-in kitchen with peninsula, walk-in pantry, GE Monogram appliances and natural stone countertops and backsplash. Bathrooms have been tastefully modernized, and major systems have been carefully maintained for peace of mind. 2nd floor features 5 bedrooms, 3 full bathrooms, upstairs laundry room and additional family room / media room. New driveway has been replaced. Located in the sought-after Oak Grove School District and served by award-winning Libertyville High School, this home offers access to top-tier education. Outdoor enthusiasts will love the proximity to local parks, expansive walking and bike trails, and nearby forest preserves - perfect for weekend adventures. Commuters will appreciate quick access to I-94 and Metra, making travel to downtown Chicago or O'Hare a breeze. Whether you're enjoying quiet mornings on the back patio or exploring everything Libertyville has to offer, 877 Fair Way is a place to truly call home. **Seller is a licensed IL Real Estate Broker. Broker Owned.**
Open House Schedule
-
Sunday, August 17, 202511:00 am to 1:00 pm8/17/2025 11:00:00 AM +00:008/17/2025 1:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,107
Year Built
- Built in 1976
Lot Details
- 1.1 Acre Lot
- Fenced
HOA Fees
- $14 Monthly HOA Fees
Parking
- 2.5 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,428 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Bar
- Coffered Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Gas Log Fireplace
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Formal Dining Room
- Home Office
- Recreation Room
- Wood Flooring
- Carbon Monoxide Detectors
Kitchen
- Breakfast Bar
- Range
- Microwave
- High End Refrigerator
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Disposal
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Partial Basement
- Sump Pump
- Finished Basement Bathroom
Outdoor Features
- Patio
- Shed
Location
- Property is near a park
Schools
- Oak Grove Elementary School
- Libertyville High School
Utilities
- Forced Air Heating and Cooling System
- Two Heating Systems
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Community Details
- Joni Kane Association, Phone Number (217) 714-3907
- Terre Fair Subdivision
- Property managed by Terre Fair Homeowners Association
Listing and Financial Details
- Homeowner Tax Exemptions
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 | $22,107 | $309,716 | $81,313 | $228,403 |
| 2023 | $19,910 | $285,663 | $74,998 | $210,665 |
| 2022 | $19,910 | $259,618 | $72,085 | $187,533 |
| 2021 | $18,704 | $254,029 | $70,533 | $183,496 |
| 2020 | $17,395 | $241,351 | $69,347 | $172,004 |
| 2019 | $16,954 | $239,056 | $68,688 | $170,368 |
| 2018 | $15,904 | $233,262 | $69,650 | $163,612 |
| 2017 | $15,657 | $225,898 | $67,451 | $158,447 |
| 2016 | $14,994 | $214,182 | $63,953 | $150,229 |
| 2015 | $14,744 | $200,189 | $59,775 | $140,414 |
| 2014 | $15,464 | $191,444 | $58,972 | $132,472 |
| 2012 | $15,330 | $211,175 | $59,485 | $151,690 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | For Sale | $999,900 | +35.9% | $226 / Sq Ft |
| 10/15/2021 10/15/21 | Sold | $736,000 | -1.9% | $166 / Sq Ft |
| 08/25/2021 08/25/21 | Pending | -- | -- | -- |
| 08/18/2021 08/18/21 | For Sale | $749,900 | -- | $169 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $736,000 | Chicago Title | |
| Warranty Deed | $400,000 | -- | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $142,800 | Credit Line Revolving | |
| Open | $662,400 | New Conventional | |
| Previous Owner | $110,000 | Unknown | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $58,500 | Credit Line Revolving | |
| Previous Owner | $409,500 | New Conventional | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $433,700 | Unknown | |
| Previous Owner | $393,750 | Stand Alone First | |
| Previous Owner | $381,000 | Stand Alone First | |
| Previous Owner | $382,500 | Unknown | |
| Previous Owner | $300,000 | No Value Available |
Source: Public Records
Similar Homes in Libertyville, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12446473
APN: 11-15-201-017
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