For Sale
New
No HOANo HOA
Single family home for sale at 518 Rae Ave, Lake Villa, IL 60046 | MLS# 12801442 | Listing updated on 2026-11-06
Photo 1 of Single family home for sale at 518 Rae Ave, Lake Villa, IL 60046 | MLS# 12801442 | Listing updated on 2026-11-06
Photo 2 of Single family home for sale at 518 Rae Ave, Lake Villa, IL 60046 | MLS# 12801442 | Listing updated on 2026-11-06
Photo 3 of Single family home for sale at 518 Rae Ave, Lake Villa, IL 60046 | MLS# 12801442 | Listing updated on 2026-11-06
Photo 4 of Single family home for sale at 518 Rae Ave, Lake Villa, IL 60046 | MLS# 12801442 | Listing updated on 2026-11-06
10+
Beds Icon

Street View

$265,000

Monthly Est:$1,319

  • Beds Icon3 Beds
  • Beds Icon
    1 Bath
  • Beds Icon1,150sqft

518 Rae Ave, Lake Villa, IL 60046

$1,319/moEst:

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  • Single Family Residence

  • Built in 1935

  • $-- HOA

  • 8,171.86 sqft lot

  • $230/sq.ft

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!

  • Houzeo last checked: 13 minutes ago
  • Listing updated: November 6, 2026 at 9:01 am
  • Listing Provided by: Manpreet Singh (847) 887-9144 | LPT Realty (877) 366-2213
  • Source: MRED MLS-IL as distributed by MLS GRID | MLS#: 12801442 MRED MLS-IL as distributed by MLS GRID

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Lake County

  • City

    Lake Villa

  • Neighborhood

    --

  • Year Built

    1935

  • HOA Fees

    -

  • Finished Area

    1,150 sqft

  • Lot Size

    8,171.86 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MRED MLS

  • MLS Number

    12801442

  • MLS Status

    New

  • Days on Market

    1

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathroom: 1

  • Bedroom 2

    Level: Main

    Area: 168.00 Square Feet

    Dimensions: 12X14

  • Bedroom 3

    Level: Main

    Area: 120.00 Square Feet

    Dimensions: 10X12

  • Dining Room

    Level: Main

    Area: -- Square Feet

    Dimensions: COMBO

  • Family Room

    Level: Main

    Area: 224.00 Square Feet

    Dimensions: 14X16

  • Kitchen

    Level: Main

    Area: 192.00 Square Feet

    Dimensions: 12X16

  • Living Room

    Level: Main

    Area: 192.00 Square Feet

    Dimensions: 12X16

  • Master Bedroom

    Level: Main

    Area: 168.00 Square Feet

    Dimensions: 12X14

Interior

  • Sewer

    Other

  • Cooling

    Central Air

  • Flooring

    Hardwood, Carpet

  • Interior Features

    1st Floor Full Bath, Quartz Counters

  • Heating

    Gas, Forced Air

Construction

  • Year Built

    Year Built: 1935

  • Home type

    Single Family Residence

  • Construction Materials

    Cedar

  • Architectural Style

    Ranch

Utilities & Energy

  • Laundry Features

    In Garage

  • Water Source

    Well

  • Parking Features

    Brick Driveway, Yes, Garage Owned, Attached, Garage

  • Basement

    None

Other Features

  • Lot Features

    Corner Lot

Price History

DateEventPrice

11/04/2026

Source: mls_logoMRED MLS-IL as distributed by MLS GRID #MRD12784076

Listing Removed

$269,000 +1.51%

$234/sqft

11/04/2026

Source: mls_logoMRED MLS-IL as distributed by MLS GRID #MRD12801442

Listed for Sale

$265,000 -1.85%

$230/sqft

10/13/2026

Source: mls_logoMRED MLS-IL as distributed by MLS GRID #MRD12759751

Listing Removed

$270,000 +0.37%

$235/sqft

10/13/2026

Source: mls_logoMRED MLS-IL #MRD12784076

Listed for Sale

$269,000 -0.37%

$234/sqft

10/07/2026

Source: mls_logoMRED MLS-IL #MRD12759751

Contingent (Active Under Contract)

$270,000

$235/sqft

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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Nov 06, 2026, 08:45PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

Based on information submitted to the MLS GRID as of Nov 06, 2026, 08:45PM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS,

Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved

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