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$320,000 Just Listed
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Property Description
Investor or rehab opportunity in Lake Villa! This 4-bedroom, 2-bath split-level sits on a spacious corner lot and offers strong value-add potential with a functional layout, multiple living areas, generous room sizes, and a 2-car attached garage. Solid footprint with great upside for updates, renovation, resale, or rental income. Estate sale - property sold AS IS with seller making no repairs. Cash, conventional, or rehab financing preferred. Quick close possible. Bring your vision and unlock the potential!
Full Property Details
Full Property Details for 3 Sheehan Dr
General
- Price: $320,000
- Taxes: $8,431 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12560881
- Updated: 2/4/2026
- Added to Site: 2 day(s) ago
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: School Bus Service
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 4
- Parking Features: Yes, Garage Owned, Attached, Owned, Garage
Location
- Area: Lake Villa / Lindenhurst
- County: Lake
- Township: Lake Villa
- Driving Directions: Grand Ave east to Sheehan corner house
School Information
- School District: 41
- Elem School District: 41
- Midd School District: 41
- High School District: 41
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Full, Daylight
- Square Feet: 1,991
- Sq. Ft. Source: Estimated
- Year Built: 1987
Lot Features
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 90 x 126
Financial Considerations
- Assessment Year: 1987
- Tax Amount: $8,431
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 6042050200000
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Schools
Schools serving 3 Sheehan Dr
School Districts:Lake Villa Community Consolidated School District 41, Antioch Community High School District 117
| Name | Grades | Distance |
|---|---|---|
William L Thompson School 515 Thompson Lane, Lake Villa, IL 60046 | PK-6 | 1.8 mi |
Peter J Palombi School 133 McKinley Avenue, Lake Villa, IL 60046 | 7-8 | 0.9 mi |
Lakes Community High School 1600 Eagle Way, Lake Villa, IL 60046 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3 Sheehan Dr
Date
Details
Price
Change
Source
2/03/2026
Listed
$320,000
93.94%
MLS
9/08/1998
Sold
$165,000
—
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 3 Sheehan Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,996
8%
$95,103
13%
2023
$7,434
5%
$84,028
13%
2022
$7,051
2%
$74,577
8%
2021
$6,895
-7%
$69,278
3%
2020
$7,440
—
$67,059
4%
2019
$7,440
14%
$64,449
11%
2018
$6,511
6%
$58,154
3%
2017
$6,114
-1%
$56,603
4%
2016
$6,186
4%
$54,311
7%
2015
$5,941
8%
$50,725
—
2014
$5,500
-15%
$50,725
4%
2013
$6,468
8%
$48,813
-17%
2012
$5,968
—
$59,127
—
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 3 Sheehan Dr
3 Sheehan Drive, Lake Villa, IL 60046 (MLS# 12560881) is a Single Family property with 4 bedrooms and 2 full bathrooms. 3 Sheehan Drive is currently listed for $320,000 and was received on February 03, 2026. Want to learn more about 3 Sheehan Drive? 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.

