24941 W Forest Drive
Lake Villa, IL, 60046 $ 799,900
Bedrooms5 Baths3.0 Sq 3,000 Monthly Estimate*
$ 5,051
for $799,900 with 5 bedrooms and 3 full baths. This 3,000 square foot home was built in 1923.
Waterfront living at its finest! Nestled on 2.5 beautifully landscaped lots with 160 feet of channel frontage just off Petite Lake, this exceptional 5-bedroom, 3-bath home offers approximately 3,000 square feet of beautifully designed living space and the perfect blend of privacy, comfort, and the ultimate Chain O'Lakes lifestyle. Whether you're enjoying your morning coffee overlooking the water, spending the day boating on the Chain, or entertaining family and friends, this home was designed to create unforgettable memories. Step inside to discover beautiful wood floors, an open floor plan, and an updated kitchen featuring quartz countertops, a large center island, abundant cabinetry, and plenty of space to gather. The kitchen flows effortlessly into the dining room and family room, while the sunroom is surrounded by windows that showcase peaceful water views and fill the home with natural light. The finished walkout basement expands your living space with a spacious recreation area, wet bar, full bath, and abundant storage, making it the perfect place to host guests after a day on the water. Outdoor living is simply exceptional. Relax on the expansive maintenance-free deck, unwind in the screened porch, or step into your backyard where your private pier provides easy access to Petite Lake and the entire Chain O'Lakes. The rare 2.5-lot setting offers an incredible amount of green space, mature trees, and privacy that is seldom found on waterfront property. Recent improvements include the roof, windows, siding, furnace, air conditioner, water heater, fresh paint, and newer flooring, allowing you to move in with confidence and enjoy lake life from day one. Whether you're searching for a full-time residence or the perfect weekend escape, this is more than a home-it's where summers are celebrated, sunsets are savored, and lifelong memories are made."
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FeaturesGeneralLiving Area 3000
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Range Microwave Dishwasher Refrigerator Washer Dryer Stainless Steel Appliance(s) Water Softener
HOA Fee 0
Garage Spaces 1
Association Fee Includes None
Construction Materials Vinyl Siding
Year Built 1923
Township Lake Villa
Tax Year 2025
Ownership Fee Simple
Community Features Water Rights Curbs Street Lights Street Paved
Additional Parcels Description 02301040230000
Assoc Fee Paid Per Not Applicable
County Lake
New Construction N
Property Type Residential Detached Single
Subdivision Name Petite Lake Highlands
Other Structures Shed(s)
Total Rooms 9
Full Baths 3
Status New
Directions Rt 59 and 132 North to Highwoods Left to Forest L to home
High School Lakes Community High School
City Lake Villa
High School District 117
MLS Area Lake Villa / Lindenhurst
Elementary School Olive C Martin School
Tax Annual Amount 23011443
Middle/Junior High School Peter J Palombi School
Additional Parcels Y/N Y
Virtual Tour https://r3p.realtor360pro.com/sites/enqmaazq/unbranded
Standard Status Active
Middle/Junior School District 41
Elementary School District 41
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InteriorInterior Amenities Wet Bar 1st Floor Bedroom 1st Floor Full Bath Walk-In Closet(s) Open Floorplan Quartz Counters
Basement Finished Full Walk-Out Access
Flooring Hardwood Laminate
Half Baths 0
Total Bedrooms 5
Room Type Bedroom 5 Recreation Room Foyer Storage Walk In Closet Deck Sun Room
Total Baths 3
Bedrooms Possible 5
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ExteriorExterior Amenities Dock
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Lot Features Channel Front Water Rights Mature Trees
Water Source Public
Total Parking 1
Foundation Details Concrete Perimeter
Lot Dimensions 59 x 220 x 160 x 297
Waterfront Y/N Y
Other Equipment Water-Softener Owned TV-Cable CO Detectors Ceiling Fan(s) Sump Pump
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* Excluded FeaturesList By@Properties Christie's International Real EstateBroker
TracyMcBreen@atproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,051
- Monthly Property Taxes
- $1,917,620
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $430,486
Percent of Sale Price 46%
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.
1539525 Elementary School
1539544 Middle School
Lakes Community High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/30/2026 | $799,900 | | Listed Price |