O'Neil Property Group

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$339,000
7 Days On Site

418 S Lake Terrace
Mundelein, IL 60060

For Sale|Single Family Residence|Active
3
Beds
2
Total Baths
2
Full Baths
1,225
SqFt
$277
/SqFt
1941
Built
Subdivision:
North Shore Park
County:
Lake
Listing Courtesy of MRED as distributed by MLS Grid of @properties Christie's International Real Estate
418 S Lake Terrace418 S Lake Terrace418 S Lake Terrace418 S Lake Terrace
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Beautifully renovated 3-bedroom, 2-bath Cape Cod home in an incredible Mundelein location, just steps from Diamond Lake! Completely gutted to the studs and thoughtfully rebuilt in 2024, this home offers approximately 1,225 square feet of stylish, move-in-ready living space with all the major updates already completed. The open-concept floor plan features a spacious living room flowing seamlessly into the dining area and an all-new kitchen with classic white shaker cabinetry, stainless steel appliances, abundant cabinet space, and modern finishes throughout. A convenient first-floor bedroom, full bathroom, and laundry/mudroom provide flexible living options, while the second level offers two additional bedrooms and a second full bath. Extensive improvements made to this home in 2024 include: HVAC, water heater, 200-amp electrical service, all new plumbing, new gas service, new city water service line, new sewer line, and a new roof, all of which are important upgrades to offer buyers the peace of mind that comes with nearly every major system being replaced. 2025-26 updates include installation of new radon mitigation system, added new insulation in the attic and new insulation in the crawlspace, and added a new solar fan in the attic. Outside, enjoy a partially fenced backyard, a detached 1 car garage, and an unbeatable location less than two blocks from Diamond Lake. "Diamond Lake is a 153-acre glacial lake located in Mundelein, Illinois. It has a maximum depth of 23 feet and a shoreline of nearly six miles. The lake is a popular local spot for boating, fishing, and community recreation in Lake County." Conveniently located near parks, schools, shopping, restaurants, Metra, and major commuter routes, fabulous Farmer's Market is held every June - Sept on Saturdays from 8am-12pm. This truly is a rare opportunity to own a charming and updated home in Mundelein!

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Listing Snapshot
PriceΒ 
$339,000
Days On SiteΒ 
7 Days
BedroomsΒ 
3
Inside Area (SqFt)Β 
1,225 sqft
Total BathsΒ 
2
Full BathsΒ 
2
Partial BathsΒ 
N/A
Lot SizeΒ 
0.14 Acres
Year BuiltΒ 
1941
MLS NumberΒ 
12787206
StatusΒ 
Active
Property TaxΒ 
$6,884
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
Assessor
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS
yesterdayStatus changed to Active
a week agoListing first seen on site
General Features
AcresΒ 
0.14
Direction FacesΒ 
East
FoundationΒ 
Concrete Perimeter
GarageΒ 
Yes
Garage SpacesΒ 
1
ParkingΒ 
AsphaltShared DrivewayDetachedGarage
Parking SpacesΒ 
1
Property Sub TypeΒ 
Single Family Residence
SewerΒ 
Public Sewer
SqFt TotalΒ 
1225
StyleΒ 
Cape Cod
Water SourceΒ 
Public
Interior Features
AppliancesΒ 
RangeMicrowaveDishwasherRefrigeratorWasherDryerDisposalStainless Steel Appliance(s)
BasementΒ 
Crawl Space
CoolingΒ 
Central Air
ElectricΒ 
200+ Amp Service
HeatingΒ 
Forced Air
InteriorΒ 
Open Floorplan
Laundry FeaturesΒ 
Main LevelIn Unit
AtticΒ 
Dimensions - 34X5Level - Second
Bedroom 2Β 
Dimensions - 13X9Level - Second
Bedroom 3Β 
Dimensions - 12X9Level - Second
Bedroom 4Β 
Dining RoomΒ 
Dimensions - 14X10Level - Main
Family RoomΒ 
KitchenΒ 
Dimensions - 15X11Level - MainDescription - Granite Counters,Updated Kitchen
LaundryΒ 
Dimensions - 7X9Level - Main
Living RoomΒ 
Dimensions - 18X12Level - Main
Master BedroomΒ 
Dimensions - 11X11Level - Main
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Exterior Features
Construction DetailsΒ 
Vinyl Siding
FencingΒ 
Partial
RoofΒ 
Asphalt
Waterfront FeaturesΒ 
DIAMOND LAKE
Community Features
Community FeaturesΒ 
ParkSidewalksStreet Lights
MLS AreaΒ 
Ivanhoe / Mundelein
School DistrictΒ 
Mundelein Cons High School
TownshipΒ 
Fremont
Schools
School District
Mundelein Cons High School
Elementary School
Mechanics Grove Elementary Schoo
Middle School
Carl Sandburg Middle School
High School
Mundelein Cons High School
Listing Courtesy of MRED as distributed by MLS Grid of @properties Christie's International Real Estate



Based on information submitted to the MLS GRID as of 2026-11-05 01:19 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-11-05 01:19 AM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

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