1317 N Cedar Lake Road
Lake Villa, IL, 60046 $ 469,900
Bedrooms4 Baths2.2 Sq 2,849 Monthly Estimate*
$ 2,893
for $469,900 with 4 bedrooms and 2 full baths, 2 half baths. This 2,849 square foot home was built in 1975 on a lot size of 1.0099.
Looking for space that truly works for real life? This Lake Villa property sits on over an acre of land and offers a flexible layout designed for modern living, including a private suite with its own entrance that can function as a guest suite, multigenerational living space, home office, creative studio, or home business area. This all-brick ranch home offers the rare combination of space, privacy, and versatility while remaining close to town, the lakes, and everyday conveniences. Homes with acreage and flexible living space are increasingly hard to find in the suburbs, making this property a unique opportunity for buyers seeking room to live, work, and grow in one place. Inside, vaulted ceilings with exposed beams create an open and airy atmosphere that immediately makes the home feel welcoming. Laminate flooring and solid wood doors add warmth and character throughout the main living spaces. The eat-in kitchen features an island, updated countertops, stainless steel appliances, and a water filtration system, creating a practical and inviting space for both daily life and entertaining. The spacious living room flows naturally into a bright sunroom filled with natural light and views of the expansive backyard. This sunroom creates a peaceful place to relax, enjoy morning coffee, or host friends while overlooking the surrounding nature. A separate dining room offers additional space for gatherings, holiday meals, and celebrations. One of the most unique features of the home is the private flexible living space with its own exterior entrance and half bath. Currently used as an en-suite bedroom, this area is ready for a kitchenette and offers incredible possibilities. It could easily serve as a multigenerational living suite, in-law suite, guest quarters, home office, studio, or private workspace for a home-based business. For buyers who need flexibility in how they use their home, this layout offers options that many properties simply cannot provide. Step outside and enjoy the lifestyle that comes with owning your own acre. The property features a custom brick paver patio with a natural gas grill hookup, making it ideal for outdoor dining and entertaining. The oversized shed provides additional storage for tools, gardening equipment, or hobby supplies. The large yard offers space for gardening, outdoor activities, pets, or simply enjoying the privacy and open space that comes with a larger property. Homes with over an acre of land, solid brick construction, and flexible living space are rare in this area. Whether you are looking for a multigenerational home, a property with room for a home office or business, or simply a place with more land and privacy, this Lake Villa property offers a unique opportunity to create the lifestyle you've been looking for. Located close to Cedar Lake, local parks, shopping, dining, and commuter routes, this home offers the perfect balance of peaceful living with convenient access to everyday amenities. If you've been searching for a home with land, flexibility, and possibilities, this property is worth experiencing in person.
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FeaturesGeneralLiving Area 2849
Sewer Septic Tank
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Range Microwave Dishwasher Refrigerator Washer Dryer Stainless Steel Appliance(s)
Garage Spaces 3
Association Fee Includes None
Architectural Style Ranch
Construction Materials Brick
Year Built 1975
Electric 200+ Amp Service
Township Lake Villa
Tax Year 2024
Ownership Fee Simple
Accessibility Main Level Entry No Interior Steps
Assoc Fee Paid Per Not Applicable
County Lake
New Construction N
Property Type Residential Detached Single
Contingency Attorney/Inspection
Other Structures Dog Kennel Shed(s)
Total Rooms 8
Full Baths 2
Status Contingent
Directions NORTH OF ROLLINS TO CEDAR LAKE ON EAST SIDE OF CIRCUIT CT
High School Grant Community High School
City Lake Villa
High School District 124
MLS Area Lake Villa / Lindenhurst
Elementary School William L Thompson School
Tax Annual Amount 10053
Middle/Junior High School Peter J Palombi School
Virtual Tour https://my.matterport.com/show/?m=4SHSW9J1yzD&brand=0&mls=1&
Standard Status Active Under Contract
Middle/Junior School District 41
Elementary School District 41
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InteriorBasement None
Half Baths 2
Total Bedrooms 4
Room Type Bonus Room Sun Room
Total Baths 4
Bedrooms Possible 4
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ExteriorExterior Amenities Dog Run Fire Pit
Parking Features Asphalt Side Driveway Garage Door Opener Yes Garage Owned Attached Off Street Side Apron Driveway Owned Garage
Lot Features Corner Lot Mature Trees
Water Source Well
Total Parking 13
Foundation Details Brick/Mortar Concrete Perimeter
Lot Dimensions 135x330
Lot Size Acres 1.0099
Waterfront Y/N N
Other Equipment Water-Softener Owned
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* Excluded FeaturesList ByBerkshire Hathaway Homeservices American HeritageBroker
Mari.L.VanMeter@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,893
- Monthly Property Taxes
- $838
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Lake Villa, IL
Average List Price $453,538
Percent of Sale Price 3%
About Lake Villa, IL 8,659 Population
29% Since 2002
$ 81,346 Median Income
39.8 Median Age
37% Households with Children
Trends Information provided by ATTOM Data Solutions.
5399751 Elementary School
4967328 Middle School
Grant Community High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/11/2026 | $469,900 | -1.07% | Price Down |
| 2/17/2026 | $475,000 | | Listed Price |