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$275,000 Contingent

  • For Sale
  • Contingent
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,443 Sq. Ft.
  • 1 Car Garage
  • Updated 2 days ago
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Charming 1943 Cape Cod on a corner lot in the heart of Mundelein. This 3-bed, 1-bath home has the kind of curb appeal that makes people slow down when they drive by. Classic gray siding, white trim, a covered front entry with wrought iron detail, and mature trees framing the property on two sides. Inside, the main level features a bright entry with a fan light door. Upstairs, the dormer-style second level offers vaulted roofline ceilings with built-in character and flexible space that works as a bedroom, office, or bonus room. The unfinished basement provides solid storage and houses the washer and dryer. Out back, you have a fully fenced yard with a detached garage and a stone pathway leading to the garage from the house. A corner lot means more green space and breathing room. The location is hard to beat. You're less than a mile from downtown Mundelein's shops, restaurants, and the Metra North Central Line, which connects straight to Chicago. Diamond Lake is just minutes away with its beach, paddleboard rentals, and picnic areas. Zoned for Mechanics Grove Elementary, Carl Sandburg Middle School, and Mundelein High School.

Full Property Details for 428 S Lake Terrace

General

  • Price: $275,000
  • Taxes: $6,879 (2024)
  • Status: Contingent
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12649119
  • Updated: 5/17/2026
  • Added to Site: 5 day(s) ago

Interior

  • Basement: Unfinished
  • Appliances: Microwave, Refrigerator, Washer, Dryer, Electric Cooktop, Electric Oven

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Yes, Detached, Garage

Location

  • Area: Ivanhoe / Mundelein
  • County: Lake
  • Township: Libertyville
  • Driving Directions: Head North on Rte. 45. Make a left onto Lake View Dr. Home is on the corner of Lakeview Dr and Lake Terrace

School Information

  • School District: 75
  • Elem School District: 75
  • Midd School District: 75
  • High School District: 120
  • High School: Mundelein Cons High School
  • Private School: Mundelein Cons High School

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Square Feet: 1,443
  • Sq. Ft. Source: Estimated
  • Year Built: 1943
  • Built Before 1978: Yes

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 60 x 113

Financial Considerations

  • Assessment Year: 1943
  • Tax Amount: $6,879
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 10254310090000

Listed by Real Broker, LLC

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Listing agent

— 428 S Lake Terrace —

  • Real Broker, LLC

(904) 694-3844

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 428 S Lake Terrace

School Districts:Mundelein Elementary School District 75, Mundelein Consolidated High School District 120
NameGradesDistance
Washington Elementary School, Mundelein, IL
122 South Garfield Avenue, Mundelein, IL 60060
K-20.3 mi
Mechanics Grove Elementary School
1200 North Midlothian Road, Mundelein, IL 60060
3-52 mi
Carl Sandburg Middle School, Mundelein, IL
855 West Hawley Street, Mundelein, IL 60060
6-81 mi
Mundelein Cons High School
1350 West Hawley Street, Mundelein, IL 60060
9-121.4 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 428 S Lake Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/15/2026
Listed
$275,000
14.58%
MLS
10/04/2024
Sold
$240,000
—
Public Record
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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 for 428 S Lake Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,879
12%
$72,491
4%
2024
$6,138
12%
$69,383
20%
2023
$5,467
8%
$57,794
14%
2022
$5,062
2%
$50,817
8%
2021
$4,985
3%
$47,264
3%
2020
$4,827
—
$45,963
3%
2019
$4,827
2%
$44,451
3%
2018
$4,754
2%
$43,152
3%
2017
$4,646
2%
$41,794
5%
2016
$4,544
2%
$39,694
7%
2015
$4,455
14%
$37,212
—
2014
$3,918
28%
$37,212
16%
2013
$3,066
6%
$32,044
-23%
2012
$2,879
—
$41,522
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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428 S Lake Terrace, Mundelein, IL 60060 (MLS# 12649119) is a Single Family property with 3 bedrooms and 1 full bathroom. 428 S Lake Terrace is currently listed for $275,000 and was received on May 15, 2026. Want to learn more about 428 S Lake Terrace? Do you have questions about finding other Single Family real estate for sale in Mundelein? You can browse all Mundelein real estate or contact a Coldwell Banker agent to request more information.

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