Date
Details
Price
Change
Source
7/15/2026
Listed
$274,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
No photo available
$274,900 Just Listed
Property Description
Welcome to this spacious 3-bedroom, 1-bath ranch home! This move-in-ready home features brand-new hardwood flooring throughout the main living areas and new carpet in all three bedrooms. The updated kitchen offers beautiful quartz countertops and plenty of cabinet space. Freshly painted throughout, the home provides a bright and inviting atmosphere. Enjoy the charming front porch, perfect for relaxing or entertaining. Conveniently located in a great neighborhood, this home is an excellent opportunity for first-time buyers, downsizers, or investors. Don't miss your chance to make this wonderful home yours!
Full Property Details
Full Property Details for 518 Rae Ave
General
- Price: $274,900
- Taxes: $4,308 (2025)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12705010
- Updated: Today (7/15/2026)
- Added to Site: Today
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Brick Driveway, Yes, Garage Owned, Attached, Garage
Location
- Area: Lake Villa / Lindenhurst
- County: Lake
- Township: Lake Villa
- Driving Directions: Route 83 , N of Route 132 ( Grand Ave) to West Park Ave South to Rae, w2 #
School Information
- School District: 41
- Elem School District: 41
- Midd School District: 41
- High School District: 117
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Holding Tank
- Water: Well
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Construction: Cedar
- Exterior Const.: Cedar
- Basement Desc.: None
- Square Feet: 1,150
- Sq. Ft. Source: Assessor
- Year Built: 1935
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.1876
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 75 x 109
- Lot Features: Corner Lot
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1935
- Tax Amount: $4,308.66
- Tax Year: 2025
- Pays Sewer: Holding Tank
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2321020130000
Listed by LPT Realty
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Listing agent
— 518 Rae Ave —
LPT Realty
(847) 887-9144
NMLS#: 1598647
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Schools
Schools serving 518 Rae Ave
School Districts:Lake Villa Community Consolidated School District 41, Antioch Community High School District 117
| Name | Grades | Distance |
|---|---|---|
Olive C Martin School 24750 West Dering Lane, Lake Villa, IL 60046 | K-6 | 0.9 mi |
Peter J Palombi School 133 McKinley Avenue, Lake Villa, IL 60046 | 7-8 | 1.4 mi |
Lakes Community High School 1600 Eagle Way, Lake Villa, IL 60046 | 9-12 | 2.2 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 518 Rae Ave
Tax History
Tax History for 518 Rae Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,390
11%
$56,385
7%
2024
$3,958
21%
$52,564
13%
2023
$3,281
6%
$46,443
25%
2022
$3,083
3%
$37,154
8%
2021
$3,002
-7%
$34,514
7%
2019
$3,238
—
$32,107
-4%
2020
$3,248
19%
$33,408
17%
2018
$2,740
7%
$28,579
3%
2017
$2,558
-1%
$27,817
4%
2016
$2,573
5%
$26,690
7%
2015
$2,441
-10%
$24,927
—
2014
$2,712
4%
$24,927
-8%
2013
$2,615
-7%
$27,189
-12%
2012
$2,798
—
$30,854
—
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 518 Rae Ave
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![[Address not provided], Antioch, IL 60002 - Photo 1](https://m.cbhomes.com/p/156/12525537/59fd5a60c4dB44C/s23cc.webp)
518 Rae Avenue, Lake Villa, IL 60046 (MLS# 12705010) is a Single Family property with 3 bedrooms and 1 full bathroom. 518 Rae Avenue is currently listed for $274,900 and was received on July 15, 2026. Want to learn more about 518 Rae 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.