This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/39
$354,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/39
Property Description
Unlock the ultimate Chain O' Lakes lifestyle without the exorbitant waterfront tax burden! Located in the highly sought-after Petite Lake Highlands community, this expansive 4-bedroom, 2-bathroom raised ranch represents a rare opportunity to secure premium recreational living and top-tier academics. Zoned for the acclaimed Community High School District 117 (Lakes Community High School), this property places your family in one of Lake County's premier educational corridors. The true value of this location lies in its exclusive Boating Advantage. For a nominal $220 annual HOA fee, residents gain coveted lake rights, access to three neighborhood parks, a private community beach, and a private boat launch. Bypass costly private marinas by utilizing the community's annual boat slip rentals. Inside, the home maximizes its footprint across two intelligently designed levels. The main floor features soaring vaulted ceilings, abundant natural light, and a kitchen modernized with elegant granite countertops. The standout architectural feature is the fully finished, walk-out lower level. Serving as a massive secondary living space, this lower tier boasts a sprawling 18x15 recreation room anchored by a cozy gas log fireplace and a built-in bar. Complete with two additional egress-compliant bedrooms, a full bathroom, and a mudroom with direct walk-up exterior access, this level offers unparalleled flexibility for multi-generational living or a premier entertainment zone. Step outside to discover a deep, fully fenced-in yard complete with a private paver patio and mature landscaping. Aggressively priced at its recent certified appraisal value of $354,000, this home provides a rare opportunity to add your own personal touches and make it your own. Schedule your private showing today before it's gone!
Full Property Details
Full Property Details for 24903 W Oak Ave
General
- Price: $354,000
- HOA FEE: $18/month
- HOA FEE FREQ.: Annually
- Taxes: $8,272 (2025)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12692028
- Updated: 7/7/2026
- Added to Site: 10 day(s) ago
Rental Information
- Complex Features: Park, Lake, Dock, Water Rights, Curbs, Street Lights
Interior
- Basement: Finished, E
- Interior Features: Vaulted Ceiling(s), Dry Bar, 1st-Floor Bedroom, 1st-Floor Bath
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Gas Log
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Water Softener (Owned), Cable TV, Carbon Monoxide Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump
- Other Features: School Bus Service
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: Lake Villa / Lindenhurst
- County: Lake
- Township: Lake Villa
- Subdivision: Petite Lake Highwoods
- Driving Directions: Off Route 59 in Lake Villa (Highwoods Dr to Oak Ave
School Information
- School District: 41
- Elem School District: 41
- Midd School District: 41
- High School District: 117
- Elementary School: Olive C Martin School
- Middle School: Peter J Palombi School
- High School: Lakes Community High School
- Private School: Lakes Community High School
Community
- Assoc. Fees Include: Lake Rights, Other
- Mgmt. Company: Self Managed
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Electric, Forced Air, Steam
Utilities
- Sewer: Public Sewer
- Water: Well
Structural Information
- Architectural Info: Bi-Level
- Architectural Style: Bi-Level
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Exterior Entry, Full, Walk-Out Access
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Sub-Flooring: Laminate
- Square Feet: 2,112
- Sq. Ft. Source: Landlord/Tenant/Seller
- Year Built: 2002
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 72 x 123 x 51 x 134
- Fence: Yes
- Fencing (Description): Fenced
Financial Considerations
- Association Fee: $220
- Assoc Fee Freq.: Annually
- Parking Included: Yes
- Assessment Year: 2002
- Tax Amount: $8,272
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple with Homeowners Association
- Property ID: 2301070060000
Listed by Circle One Realty
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 24903 W Oak Ave
School Districts:Antioch Community High School District 117, Lake Villa Community Consolidated School District 41
| Name | Grades | Distance |
|---|---|---|
Olive C Martin School 24750 West Dering Lane, Lake Villa, IL 60046 | K-6 | 0.8 mi |
Peter J Palombi School 133 McKinley Avenue, Lake Villa, IL 60046 | 7-8 | 2.8 mi |
Lakes Community High School 1600 Eagle Way, Lake Villa, IL 60046 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 24903 W Oak Ave
Date
Details
Price
Change
Source
7/01/2026
Listed
$354,000
118.52%
MLS
7/17/2013
Sold
$162,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 24903 W Oak Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,272
5%
$111,098
7%
2024
$7,847
15%
$103,569
13%
2023
$6,800
6%
$91,508
19%
2022
$6,429
2%
$76,769
8%
2021
$6,283
-8%
$71,314
7%
2019
$6,857
—
$66,342
-4%
2020
$6,857
8%
$69,029
9%
2018
$6,372
8%
$63,271
3%
2017
$5,922
-2%
$61,584
4%
2016
$6,018
4%
$59,090
7%
2015
$5,799
3%
$55,188
—
2014
$5,623
—
$55,188
-2%
2013
$5,623
8%
$56,251
-1%
2012
$5,213
—
$57,093
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 24903 W Oak Ave
24903 W Oak Avenue, Lake Villa, IL 60046 (MLS# 12692028) is a Single Family property with 4 bedrooms and 2 full bathrooms. 24903 W Oak Avenue is currently listed for $354,000 and was received on July 01, 2026. Want to learn more about 24903 W Oak Avenue? Do you have questions about finding other Single Family real estate for sale in Lake Villa? You can browse all Lake Villa real estate or contact a Coldwell Banker agent to request more information.

