$300,000

941 Martingale Ln Round Lake Beach, IL 60073

Estimated payment $2,250/month

Total Views 511
2 Beds
1.5 Baths
1,600 Sq Ft
$188 Price per Sq Ft

Highlights

  • Wood Flooring
  • Living Room
  • Central Air
  • B.J. Hooper Elementary School Rated A-
  • Laundry Room
  • Dining Room

About This Home

Welcome to 941 Martingale Lane. NO HOA!! A beautifully updated 2 bedroom, 1.5 bath duplex with loft that blends timeless craftsmanship with modern luxury. Tucked on a spacious corner lot backing to a quiet cul-de-sac, this home offers privacy, convenience, and an impressive list of high-end upgrades. Inside, you'll be greeted by three-quarter inch Brazilian cherry hardwood floors in the living and dining areas, freshly painted walls, and new carpeting. The main level features upgraded Jeld-Wen interior and exterior doors with polished nickel knobs and locks, adding both style and security. The kitchen is a true standout with cork flooring, Decora cabinets, a custom island topped with a 3" solid walnut John Boos butcher block, a Viking stove, and a Thermador dishwasher (installed within the last two years). Upstairs, the upgraded high-sloped ceilings create an open, airy feel. The spacious loft offers endless possibilities: perfect as a home office, family entertainment space, or easily convertible into a third bedroom. The full bathroom features heightened ceilings, marble tile flooring, a Waterworks polished nickel faucet, a custom walnut vanity with storage tower, a Kohler Tresham toilet, and a deep 19" Waterworks cast iron soaker tub, perfect for relaxation. Functionality has been carefully designed throughout the home, with canned lighting in every room, upgraded Lutron dimmer switches and programmable lighting, a custom closet organizer, and dependable $3,000 Speed Queen laundry machines that are just over a year old. The heated garage provides year-round comfort, while pull-down scissor stairs to the attic and an outdoor shed add excellent storage options. Practical upgrades offer peace of mind: roof replaced in 2017, newer A/C unit, new heater coils (2020), freshly cleaned ducts, and a recently seal-coated driveway. Outdoors, the fenced backyard is ideal for entertaining or relaxing, with the taller fencing sections already updated, leaving room for the new owner to finish the enclosure with their preferred design. Families will appreciate being part of Lake Villa Schools and Grayslake North High School, and commuters will love the convenient access to the nearby Metra station for an easy ride to the city. With its perfect mix of luxury finishes, thoughtful upgrades, and everyday functionality, this home is move-in ready and waiting to be enjoyed.

Listing Agent

Jamie Ross

@properties Christie's International Real Estate License #475174480 Listed on: 09/05/2025

@properties Christie's International Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,539

Year Built

  • Built in 1995

Parking

  • 2 Car Garage

Home Design

  • Half Duplex

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,539

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: 1/2 Duplex
  • Ownership: Fee Simple
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: 1/2 Duplex
  • Year Built: 1995
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1600
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1564
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 300000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Storm Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 41

Lot Info

  • Lot Dimensions: 6098
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Max Pet Weight: 000

Tax Info

  • Tax Annual Amount: 7539
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,960 $78,761 $12,760 $66,001
2023 $6,294 $69,589 $11,274 $58,315
2022 $6,294 $60,312 $9,676 $50,636
2021 $6,057 $56,026 $8,988 $47,038
2020 $6,189 $54,231 $8,700 $45,531
2019 $6,248 $52,120 $8,361 $43,759
2018 $5,333 $44,540 $8,053 $36,487
2017 $5,332 $43,352 $7,838 $35,514
2016 $5,169 $41,597 $7,521 $34,076
2015 $5,049 $38,850 $7,024 $31,826
2014 $4,599 $37,216 $8,569 $28,647
2012 $4,226 $37,395 $8,610 $28,785
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 For Sale $300,000 -- $188 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Joint Tenancy Deed $127,500 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $65,000 Balloon
Closed $23,900 Stand Alone Second
Closed $36,000 Unknown
Closed $122,900 Unknown
Closed $28,000 Unknown
Closed $122,900 Unknown
Previous Owner $123,750 No Value Available
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12465507

Midwest Real Estate Data (MRED)

APN: 06-10-306-078