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$395,000
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Property Description
BACK ON MARKET AT NO FAULT OF THE PROPERTY. YOUR SECOND CHANCE! Home is ready for a quick close. Imagine living in a 1,676 sq ft duplex-style home built in 1995, located in the popular Lakewood Village community with no HOA. Bright and light-filled year-round, this home features large, upgraded windows that bring in abundant natural sunlight-even during the winter months-creating a warm and inviting atmosphere throughout. The spacious, open-concept main living area is designed for both comfort and functionality. The kitchen and dining area flow seamlessly to the backyard, while the double-height living room with expansive windows adds volume and an airy feel-perfect for everyday living and entertaining. A thoughtfully designed layout offers well-sized rooms with excellent flow, making it easy to personalize and adapt each space to your lifestyle. Extensively updated for low-maintenance living, the home includes a new roof and siding, updated washer and dryer, induction range, oven, and microwave, as well as high-efficiency windows. Energy efficiency is further enhanced by solar panels with a transferable lease (~$49/month for ~4,800 kWh/year), helping reduce long-term ComEd bills. Situated on a desirable corner lot, this half duplex is on one of the largest lot in the neighborhood, offering generous outdoor space ideal for gardening, play, or outdoor entertaining. Conveniently located within a 5-10 minute drive to schools, parks, trails, shopping centers, and major retailers. Served by District 73 elementary and middle schools and District 120 high school. Additional features include an attached 2-car garage and a driveway that accommodates up to 4 vehicles. This model does not include a basement. Most recent property taxes are approximately $9,800/year.
Full Property Details
Full Property Details for 1283 Derby Ln
General
- Sold For: $395,000
- Taxes: $9,800 (2025)
- Status: Closed
- Type: Condo /Townhouse
- Source: MRED
- MLS ID: 12631019
- Added to Site: 116 day(s) ago
Interior
- Interior Features: Vaulted Ceiling(s), Cathedral Ceiling(s), Open Floorplan
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Electric Cooktop, ENERGY STAR Qualified Appliances, Electric Oven
- Flooring: Laminate, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Bathroom Features: Separate Shower, Double Sink, Bidet
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: High Speed Conn., Patio, School Bus
- Equipment: Carbon Monoxide Detectors, Ceiling Fan(s), Water Heater-Gas
- Other Features: School Bus Service, Commuter Train, Interstate Access
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: Ivanhoe / Mundelein
- County: Lake
- Driving Directions: From I-94 (Tri-State Tollway): Take the exit for IL-60 / Townline Road (Westbound). Continue West on IL-60 for approximately 3 miles. Turn South (Left) onto Butterfield Road. Turn West (Right) onto Orleans Drive. Turn North (Right) onto Derby Lane. Follow Derby Lane to the property on your left. From US-45 (Lake Street): From US-45, head toward the intersection of IL-60 / Townline Road. Head East on IL-60. Turn South (Right) onto Butterfield Road. Turn West (Right) onto Orleans Drive. From IL-21 (Milwaukee Avenue): Head to the intersection of IL-21 and IL-60 (near the Hawthorn Mall area). Go West on IL-60 / Townline Road. Turn South (Left) onto Butterfield Road. Turn West (Right) onto Orleans Drive.
School Information
- School District: 73
- Midd School District: 73
- Elementary School: Hawthorn Elementary School (Sout
- Middle School: Hawthorn Middle School South
- High School: Mundelein Cons High School
- Private School: Mundelein Cons High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan, Public
- Onsite: Cable Available
Structural Information
- Structure Type: Half Duplex
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Windows: Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows, Low Emissivity Windows, Screens
- Doors: Sliding Doors, Panel Door(s)
- Sub-Flooring: Laminate, Carpet
- Entry Floor Number: 1
- Stories/Levels: 2
- Square Feet: 1,676
- Sq. Ft. Source: Assessor
- Year Built: 1995
Unit Information
- Units in Building: 2
Lot Features
- Lot Dimensions: 50 x 112 x 69 x 113
- Fence: Yes
- Lot Features: Corner Lot, Garden
- Fencing (Description): Fenced
Green Features
- Energy Efficient: Photovoltaic/Solar System
Financial Considerations
- Assoc Fee Freq.: Annually
- Parking Included: Yes
- Assessment Year: 1995
- Tax Amount: $9,800
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Standard
- Property ID: 15051080660000
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Schools
Schools serving 1283 Derby Ln
School Districts:Hawthorn Community Consolidated School District 73, Mundelein Consolidated High School District 120
| Name | Grades | Distance |
|---|---|---|
Hawthorn Elementary School South 430 North Aspen Drive, Vernon Hills, IL 60061 | 1-5 | 0.5 mi |
Hawthorn School for Young Learners 637 North Aspen Drive, Vernon Hills, IL 60061 | K- | 0.7 mi |
Hawthorn Middle School South 600 North Aspen Drive, Vernon Hills, IL 60061 | 6-8 | 0.5 mi |
Mundelein Cons High School 1350 West Hawley Street, Mundelein, IL 60060 | 9-12 | 3.2 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 1283 Derby Ln
Date
Details
Price
Change
Source
8/14/2026
Sold
$395,000
—
MLS
5/27/2026
Price Reduced
$395,000
-5.95%
MLS
5/21/2026
Price Reduced
$420,000
-1.75%
MLS
5/09/2026
Price Reduced
$427,500
-0.58%
MLS
4/27/2026
Listed
$430,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1283 Derby Lane, Mundelein, IL 60060 (MLS# 12631019) is a Condo / Townhouse property that was sold at $395,000 on August 14, 2026. Want to learn more about 1283 Derby Lane? Do you have questions about finding other Condo / Townhouse real estate for sale in Mundelein? You can browse all Mundelein real estate or contact a Coldwell Banker agent to request more information.

