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$369,900

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,160 Sq. Ft.
  • 2 Car Garage
  • Updated 1 day ago
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Beautiful Ranch Home in the Heart of Mundelein! 550 S. Walnut St., Mundelein, IL Welcome home to this beautifully maintained 4-bedroom, 2.5-bath ranch offering comfort, space, and modern updates in a desirable neighborhood. This move-in-ready home features an open-concept layout with a spacious kitchen, stainless steel appliances, and plenty of cabinet space-perfect for entertaining family and friends. The fully finished basement expands your living space with a cozy fireplace, additional bedrooms, and endless possibilities for a family room, home office, gym, or guest suite. Step outside to enjoy a private, fenced backyard complete with a large paver patio, pergola, and plenty of green space for kids, pets, and summer gatherings. Property Highlights: 3 Bedrooms 2.5 Bathrooms Spacious Open Kitchen & Dining Area Stainless Steel Appliances Fully Finished Basement with Fireplace & Additional Bedrooms Large Fenced Backyard with Paver Patio & Pergola Attached 2-Car Garage Move-In Ready! Don't miss this incredible opportunity to own a beautiful home in a fantastic Mundelein location with Hawthorn schools and Mundelein High School , close to parks, schools, shopping, and dining.

Full Property Details for 550 S Walnut St

General

  • Price: $369,900
  • Taxes: $7,814 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12692563

Interior

  • Basement: Finished, F
  • Fireplace: Yes
  • Number of Fireplaces: 1

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Baths: Yes

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms(Blw Grade): 1

Additional Information

  • Other Features: School Bus Service, Commuter Bus, Commuter Train

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Asphalt, Yes, Garage Owned, Attached, Garage

Location

  • Area: Ivanhoe / Mundelein
  • County: Lake
  • Township: Libertyville
  • Subdivision: Phillips & Barrs
  • Driving Directions: Butterfield and Allanson, west to Walnut, north to home

School Information

  • School District: 73
  • Elem School District: 73
  • Midd School District: 73
  • High School District: 120
  • Elementary School: Hawthorn Elementary School (Nor
  • Middle School: Hawthorn Middle School North
  • 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, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Architectural Info: Ranch
  • Architectural Style: Ranch
  • Construction: Vinyl Siding, Brick
  • Exterior Const.: Vinyl Siding, Brick
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Square Feet: 1,160
  • Sq. Ft. Source: Assessor
  • Year Built: 1976
  • Built Before 1978: Yes
  • Remodeled/Updated: 2015

Lot Features

  • Lot Size (Acres): 0.1377
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 100 x 60
  • Fence: Yes
  • Fencing (Description): Fenced

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1976
  • Tax Amount: $7,814
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 11303290400000

Listed by American Dream Realty Group Inc

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— 550 S Walnut St —

  • American Dream Realty Group Inc

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 550 S Walnut St

School Districts:Hawthorn Community Consolidated School District 73, Mundelein Consolidated High School District 120
NameGradesDistance
Hawthorn Elementary School North
301 West Hawthorn Parkway, Vernon Hills, IL 60061
1-51.5 mi
Hawthorn School for Young Learners
637 North Aspen Drive, Vernon Hills, IL 60061
K-1.8 mi
Hawthorn Middle School North
201 West Hawthorn Parkway, Vernon Hills, IL 60061
6-81.5 mi
Mundelein Cons High School
1350 West Hawley Street, Mundelein, IL 60060
9-121.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 550 S Walnut St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,814
8%
$99,140
9%
2024
$7,267
35%
$91,190
12%
2023
$5,365
4%
$81,658
36%
2022
$5,168
2%
$59,889
2%
2021
$5,070
2%
$58,600
3%
2019
$4,992
—
$57,067
-1%
2020
$4,992
18%
$57,615
18%
2018
$4,219
3%
$48,713
3%
2017
$4,092
5%
$47,176
5%
2016
$3,912
4%
$44,729
7%
2015
$3,773
-1%
$41,807
—
2014
$3,799
-20%
$41,807
1%
2013
$4,772
2%
$41,246
-23%
2012
$4,684
—
$53,761
—
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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Listed by American Dream Realty Group Inc

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550 S Walnut Street, Mundelein, IL 60060 (MLS# 12692563) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 550 S Walnut Street is currently listed for $369,900 and was received on July 01, 2026. Want to learn more about 550 S Walnut Street? 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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