1431 Derby Lane, Mundelein, IL 60060 - Photo 1

1/1

$385,000

Sold
Closed
Condo / Townhouse
2 Beds
2 Full Baths
1 Partial Bath
1,566 Sq. Ft.
2 Car Garage

1/1

Property Description

Stunning updated duplex townhome located in the highly coveted Lakewood Village! No association fees! Completely rehabbed in 2024, this beautifully updated home offers a modern, move-in-ready design with thoughtful finishes throughout. The open and functional layout features brand new engineered hardwood floors, a stunning kitchen with quartz countertops, abundant cabinet space, new appliances, and spacious living and dining areas perfect for everyday living and entertaining. The second level includes a bright open loft overlooking the main living area currently used as a second living area or office, but easily convertible to a 3rd bedroom. Generous bedroom sizes include a primary suite with a walk-in shower, a second full bath with a soaking tub, and an additional powder room on the main level. Enjoy outdoor living with a fully enclosed yard and patio, along with the convenience of a 2-car garage and driveway parking. Major mechanical updates include furnace, A/C, and water heater (2021), roof (2024), and appliances (2022-2023). Investor friendly with no rental restrictions. Located in the highly rated Hawthorn District 73 (K-8) schools, with an unbeatable location close to parks, shopping, dining, and just 4 minutes to the Metra for an easy commute. A truly special home you won't want to miss!

Full Property Details

Full Property Details for 1431 Derby Ln

General

Sold For: $385,000
Taxes: $8,048 (2024)
Status: Closed
Type: Condo /Townhouse
Source: MRED
MLS ID: 12588693
Added to Site: 103 day(s) ago

Interior

Interior Features: Cathedral Ceiling(s), Quartz Counters

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 2

Additional Information

Shared Amenities: Fencing

Parking

Garage: Yes
Attached garage: Yes
Garage Spaces: 2
Total Spaces: 4
Parking Features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Owned, Garage

Location

Area: Ivanhoe / Mundelein
County: Lake
Subdivision: Lakewood Village
Driving Directions: Butterfield Rd., West on Orleans Dr., North on Derby Ln.

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
Pets Allowed: Yes
Pet Restrictions: Cats OK, Dogs OK, / 999lbs.

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Natural Gas

Utilities

Water: Public

Structural Information

Structure Type: Half Duplex
Construction: Vinyl Siding, Brick
Exterior Const.: Vinyl Siding, Brick
Basement Desc.: None
Roof: Asphalt
Common Walls: End Unit
Windows: Screens
Entry Floor Number: 1
Stories/Levels: 2
Square Feet: 1,566
Sq. Ft. Source: Plans
Year Built: 1994

Unit Information

Units in Building: 2

Manufactured Home

Model: DUPLEX

Additional Structures

Other Structures: None

Lot Features

Lot Dimensions: 33.45 x 112
Fence: Yes
Fencing (Description): Fenced

Financial Considerations

Parking Included: Yes
Assessment Year: 1994
Tax Amount: $8,048
Tax Year: 2024

Disclosures and Reports

Ownership: Fee Simple
Property ID: 15051080250000

Listed by Compass
Sold by RE/MAX Suburban

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Schools

Schools serving 1431 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	0.3 mi
Hawthorn School for Young Learners 637 North Aspen Drive, Vernon Hills, IL 60061	K-	0.5 mi
Hawthorn Middle School South 600 North Aspen Drive, Vernon Hills, IL 60061	6-8	0.4 mi
Mundelein Cons High School 1350 West Hawley Street, Mundelein, IL 60060	9-12	3.3 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 1431 Derby Ln

Date

Details

Price

Change

Source

6/15/2026

Sold

$385,000

10%

MLS

3/25/2026

Listed

$350,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

2 Onondaga Dr, Hawthorn Woods, IL 60047 - Photo 1

Just Listed

$120,000

2 Onondaga Dr Hawthorn Woods, IL 60047

Lots/Land
Active
Updated 5 days ago

2.56
Acres

Listed by Mary Lou Scinto Allen (847) 691-8135

433 Dogwood Terrace, Buffalo Grove, IL 60089 - Photo 1

Just Listed

$410,000

433 Dogwood Terrace Buffalo Grove, IL 60089

Townhouse
Active
Updated 6 hours ago

4
Beds
3
Total Baths
1,624
Sq. Ft.

Listed by Vijay Ghuge (224) 800-4885

16373 W Menna Ln, Lincolnshire, IL 60069 - Photo 1

Just Listed

$700,000

16373 W Menna Ln Lincolnshire, IL 60069

Single Family
Active
Updated 6 hours ago

4
Beds
4
Total Baths
4,425
Sq. Ft.

Listed by Del Monte Homes (847) 234-8000

1520 Telegraph Rd, Lake Forest, IL 60045 - Photo 1

Just Listed

$1,475,000

1520 Telegraph Rd Lake Forest, IL 60045

Single Family
Active
Updated 47 minutes ago

5
Beds
6
Total Baths
4,073
Sq. Ft.

Listed by Dawn McKenna Group (630) 686-4886 and Jean Royster (847) 219-5747

756 N Aspen Dr, Vernon Hills, IL 60061 - Photo 1

Price Reduced

-$10,000 (-2.08%)

$470,000

756 N Aspen Dr Vernon Hills, IL 60061

Townhouse
Active
Updated 4 days ago

3
Beds
3
Total Baths
2,087
Sq. Ft.

1875 Trevino Terrace, Vernon Hills, IL 60061 - Photo 1

Price Reduced

-$15,000 (-2.03%)

$724,900

1875 Trevino Terrace Vernon Hills, IL 60061

Single Family
Active
Updated 10 minutes ago

3
Beds
3
Total Baths
2,754
Sq. Ft.

30128 N St Marys Rd, Libertyville, IL 60048 - Photo 1

Price Reduced

-$100,000 (-12.52%)

$699,000

30128 N St Marys Rd Libertyville, IL 60048

Single Family
Active
Updated 4 days ago

5
Beds
3
Total Baths
3,400
Sq. Ft.

[Address not provided], Saint John, IL 61873 - Photo 1

Price Reduced

-$51,000 (-6.8%)

$699,000

[Address not provided] Saint John, IL 61873

Lots/Land
Active
Updated 2 days ago

3.22
Acres

1367 Orleans Dr, Mundelein, IL 60060 - Photo 1

Sold

$355,000

1367 Orleans Dr Mundelein, IL 60060

Townhouse
Closed

3
Beds
3
Total Baths
1,640
Sq. Ft.

Listed by Jackie Koukol

1728 Leeds Ct, Mundelein, IL 60060 - Photo 1

Sold

$350,000

1728 Leeds Ct #1728 Mundelein, IL 60060

Condo / Townhouse
Closed

2
Beds
3
Total Baths
1,333
Sq. Ft.

234 US Hwy 45, Indian Creek, IL 60061 - Photo 1

Sold

$405,000

234 US Hwy 45 Indian Creek, IL 60061

Single Family
Closed

4
Beds
2
Total Baths
2,842
Sq. Ft.

864 Lansing Ct, Vernon Hills, IL 60061 - Photo 1

Sold

$348,000

864 Lansing Ct #864 Vernon Hills, IL 60061

Townhouse
Closed

3
Beds
2
Total Baths
1,439
Sq. Ft.

1431 Derby Lane, Mundelein, IL 60060 (MLS# 12588693) is a Condo / Townhouse property that was sold at $385,000 on June 15, 2026. Want to learn more about 1431 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.

1431 Derby Ln Mundelein, IL 60060

Full Property Details for 1431 Derby Ln

General

Interior

Rooms

Bathrooms

Bedrooms

Additional Information

Parking

Location

School Information

Community

Heating & Cooling

Utilities

Structural Information

Unit Information

Manufactured Home

Additional Structures

Lot Features

Financial Considerations

Disclosures and Reports

Listing agent

Get Pre-Approved Today

Be ready to buy your new home!

Be ready to buy your new home!

Schools serving 1431 Derby Ln

Price & Sales History for 1431 Derby Ln

Just Listed near 1431 Derby Ln

2 Onondaga Dr Hawthorn Woods, IL 60047

433 Dogwood Terrace Buffalo Grove, IL 60089

16373 W Menna Ln Lincolnshire, IL 60069

1520 Telegraph Rd Lake Forest, IL 60045

Price Reduced near 1431 Derby Ln

756 N Aspen Dr Vernon Hills, IL 60061

1875 Trevino Terrace Vernon Hills, IL 60061

30128 N St Marys Rd Libertyville, IL 60048

[Address not provided] Saint John, IL 61873

Recent Sales near 1431 Derby Ln

1367 Orleans Dr Mundelein, IL 60060

1728 Leeds Ct #1728 Mundelein, IL 60060

234 US Hwy 45 Indian Creek, IL 60061

864 Lansing Ct #864 Vernon Hills, IL 60061