6 months on rocket

1280 Lake St, Libertyville, IL, 60048

$350,000

2.50 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #12042464
Lot Size2.50 Acres
StatusActive

About 1280 Lake St

Lake Street address in the desirable Butler Lake neighborhood. Single Family Residential Lot. Build what you like on this 2.5 Acre near-town location. Located 1 mile West of Milwaukee Ave & Lake Street, 1/2 mile West of Butler Lake Park and across from Butterfield School. Prior residence has been removed. No tear down costs. No impact fees. All utilities are at the street. Award winning schools! Beautiful Parks & Bike Trails. Metra Train Service to Chicago. Enjoy MainStreet Libertyville shops, restaurants and events! Great Access to I-94. There is an additional parcel of 2.8 acres across the street (PIN 1117300027) offered with the sale. It is approx 70 feet wide and 1,700 feet long and runs between Lake Street and Butterfield Rd.

Property Details

Property Features

Listing Office:

  • Office Name: Baird & Warner
  • Office Phone: (847) 367-1855
  • Listing Agent: Daniel Timm

Lot Features

Lot Information:

  • Lot Size: 2.50 Acres

Other

Directions Information:

  • Directions: Milwaukee Ave and Lake St - 1 mile West on Lake St to #1280

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000

Tax Information:

  • Annual Amount: $12,642
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Libertyville, IL.

Med. Sold Price

$561K

Med. Price/SqFt

$231

Avg. Days On Market

13

# of Sold Homes

36

1280 Lake St vs Libertyville

205 DAYS ON ROCKET

+192 Days

$350,000

-$211K Less

KEY TAKEAWAY

This property is $211K less than the Median Sold Price in Libertyville, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12042464

Listing Office:

  • Office Name: Baird & Warner
  • Office Phone: (847) 367-1855
  • Listing Agent: Daniel Timm

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$12,642$150,066
2019$12,642$166,486
2018$12,523$172,683
2017$12,523$167,231

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-391817
10
/10
  • Butterfield Elementary School

  • 1441 Lake St

  • 0.21 miles

  • Public District Grades KG-5

school-card-donut-391818
5
/10
  • Adler Park Elementary School

  • 1740 N Milwaukee Ave

  • 1.33 miles

  • Public District Grades KG-5

school-card-donut-391819
7
/10
  • Rockland Elementary School

  • 160 W Rockland Rd

  • 1.55 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $139,908. The majority of Libertyville, IL residents have income between $100k-200k annually. The most common type of family is married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1280 Lake St

What is the listing price of this property?

The listing price of 1280 Lake St property is $350,000.

What type of property is this?

The property 1280 Lake St is land located in Libertyville, Illinois, 60048.

Is this property for sale now?

Active Listing: 1280 Lake St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $12,642 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1280 Lake St is 2.50 acres.
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Rocket HomesIllinoisLake CountyLibertyville600481280 Lake St

This home is located at 1280 Lake St in Libertyville, IL and zip code 60048. This home sits on a 2.50 acre lot. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $350,000.

Libertyville, IL housing market in October 2024 saw over 13 listings sold above listed price, more than 6 sold at listed price and over 17 sold below. The number of listings in Libertyville, IL increased by 1.7% between September 2024 and October 2024. Listings spent 13 days on the market in October 2024, and had a median list price of $561,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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