38441 N 7th Avenue
Spring Grove, IL 60081
- 2 beds
- 1 bath
- 890 sqft
- ~1/2 acre lot
- $112 per sqft
- 1940 build
- – on site
A rare. one-time opportunity, to get TWO HOUSES (totaling approx. 1500 sq. ft.) and FOUR out buildings for ONE money (less than 50,000 dollars per house). Houses are located on private, nearly, fully fenced-in (approx. 600 feet of fence), OVER 1/2 ACRE lot (one PIN) on paved, dead-end street in a neighborhood of upscale homes. Per the Lake County Central Permit Facility located in Libertyville, IL, "the second single-family dwelling unit is properly considered LEGALLY nonconforming" and is allowed to remain on the property as described in letter (SELLER has letter from LAKE COUNTY indicating this). HOUSE CLOSEST TO STREET, with approximately 608 square feet, has front and rear decks, foyer, kitchen, bath (like new condition bathtub and surround), bedroom, and large living room. REAR 1.5 STORY HOUSE with newer roof has approximately 890 square feet with screened porch (with 6-foot wide french door accessing porch), large kitchen (with high-end, expensive " SCHROCK handcrafted cabinetry" - kitchen cabinets and TWO SKYLIGHTS), large bath (like new condition bathtub and surround), large living room and 2 bedrooms (one extra large on second floor). The electric meter and gas meter servicing BOTH HOUSES have been REMOVED by the utility companies (thereby providing NO electricity to property) due to both houses being VACANT. The as-is refrigerators and as-is stoves are included in purchase price and the TWO boats, lawn mower, rototiller and extension ladder located on property will be removed by seller prior to closing (ALL OTHER PERSONAL property located on property at closing will be INCLUDED IN SALE). BOTH HOUSES AND FOUR OUT BUILDINGS are AS-IS AND SHOWN, NEEDING REPAIRS with DUE-DILIGENCE REQUIRED. Potential property options are: 1) owner-occupy both houses, 2) owner-occupy one house and rent income from second house, 3) rent income from BOTH HOUSES. Photos 17-35 are REAR HOUSE and photos 36-48 are FRONT HOUSE.
Last checked:
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Last updated Mar 24, 2025
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MLS# 12279271 —
The Building
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Year Built:1940
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Rebuilt:No
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New Construction:false
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Roof:Asphalt
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Basement:None
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Exterior Features:Porch Screened
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Patio And Porch Features:Screened Porch
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Disability Access:No
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Other Equipment:Ceiling Fan(s)
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Living Area Source:Other
Interior
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Room Type:Screened Porch
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Rooms Total:4
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Interior Features:Skylight(s), First Floor Bedroom, First Floor Full Bath, Some Storm Doors
Room Dimensions
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Living Area:890
Location
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Directions:Grass Lake Road west of 59 to Lake Shore Drive, south to Greenwood, west to 7th, south to property
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Location:5448
The Property
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Parcel Number:01334080130000
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Property Type:Residential
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Location:A
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Lot Features:Fenced Yard
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Lot Size Dimensions:150 X 150
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Lot Size Acres:0.52
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (815) 575-6869
- Office phone:
- (815) 575-6869
Taxes
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Tax Year:2023
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Tax Annual Amount:4648
Beds
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Bedrooms Total:2
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Bedrooms Possible:2
Baths
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Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
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Cooling:None
Utilities
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Sewer:Septic-Private
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Water Source:Well
Appliances
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Appliances:Range, Refrigerator
Schools
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Elementary School District:114
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Middle Or Junior School District:114
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High School:Grant Community High School
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High School District:124
The Community
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Association Fee Includes:None
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Association Fee Frequency:Not Applicable
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:2
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Parking Onsite:Yes
Extra Units
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Other Structures:Outbuilding, Shed(s)
Monthly cost estimate
Asking price
$99,899
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$534
|
| Taxes | $387 |
| Insurance | $27 |
| Utilities | $141 See report |
| Total | $1,089/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/3/25
Mar 3, 2025
|
Price Changed | MRED | $99,899 | -23.1% |
|
1/28/25
Jan 28, 2025
|
Listed / Active | MRED | $129,900 | 394.9% (66.3% / YR) |
|
2/15/19
Feb 15, 2019
|
MRED | $26,250 |
