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$269,000

518 Rae Ave

Lake Villa, IL
Active
3
Bedrooms
1
Bathrooms
0.19
Lot Size (acres)
1935
Year Built
20
Days On Market

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!

Listing Information

Listing Updated
13 days ago
Listed By
Manpreet Singh · LPT Realty, 8773662213
MLS#
12784076
Source
Midwest Real Estate Data (MRED)
Status
Active

Facts & Features

Location

Community Information

Address
518 Rae Ave, Lake Villa, IL 60046
City
Lake Villa
County
Lake
Zip Code
60046

Architecture

Bedrooms
3
Bathrooms
1
Year Built
1935
Style
Ranch
Construction Materials
Cedar
Garage
Yes
Garage Spaces
1
Parking Features
Driveway, Attached, Garage

Features & Amenities

Appliances
Water Softener
Flooring
Hardwood, Carpet
Cooling
Ceiling Fan(s), Central Air
Heating
Forced Air

Property Features

Lot Size
0.19 Acres
Lot Features
Corner Lot
Water
Well
Sewer
Other

Square Footage

Total
1,150 sq. ft.

Tax & Financial Information

List Price
$269,000
Annual Taxes
$4,308

Schools

100/100
William L Thompson School
Elementary · Grades PK–05 · 1.5 mi
City
Lake Villa
Students
654
Student body
70% White · 19% Hispanic / Latino · 5% Asian
Free/reduced lunch
20%
Phone
(847) 245-8301
98/100
Oakland Elementary School
Elementary · Grades KG–05 · 2 mi
City
Lake Villa
Students
443
Parent reviews
5.0★ avg · 2 reviews
Student body
85% White · 5% Hispanic / Latino · 4% Asian
Free/reduced lunch
16%
Phone
(847) 838-8600
63/100
Emmons Grade School
Elementary · Grades KG–08 · 2.4 mi
City
Antioch
Students
302
Parent reviews
3.5★ avg · 8 reviews
Student body
85% White · 8% Hispanic / Latino · 3% Two or More Races
Free/reduced lunch
14%
Phone
(847) 395-1105
55/100
Antioch Community High School
High · Grades 09–12 · 3.2 mi
City
Antioch
Students
1,313
Student body
72% White · 17% Hispanic / Latino · 5% Black
Phone
(847) 838-7179
54/100
Allendale School
High · Grades 09–12 · 0.5 mi
City
Lake Villa
Students
32
Student body
47% Black · 28% White · 13% Two or More Races
Free/reduced lunch
91%
Phone
(847) 245-6322
54/100
Indian Hill Elementary School
Elementary · Grades 03–05 · 2.9 mi
City
Round Lake Heights
Students
518
Parent reviews
2.0★ avg · 4 reviews
Student body
61% Hispanic / Latino · 21% White · 12% Black
Free/reduced lunch
61%
Phone
(847) 270-9970
53/100
Olive C Martin School
Elementary · Grades PK–05 · 0.9 mi
City
Lake Villa
Students
539
Student body
45% White · 43% Hispanic / Latino · 8% Two or More Races
Free/reduced lunch
36%
Phone
(847) 245-3400
53/100
Peter J Palombi School
Middle · Grades 06–08 · 1.3 mi
City
Lake Villa
Students
675
Student body
70% White · 17% Hispanic / Latino · 4% Asian
Free/reduced lunch
25%
Phone
(847) 356-2118

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
10/13/2026Listed for sale$269,000

Listed by Manpreet Singh · LPT Realty · 8773662213

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: October 20, 2026 at 8:03 AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12784076

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