1431 Derby Lane Mundelein IL 60060 MLS #MRD12588693

MLS #MRD12588693 image #0
Stunning updated duplex townhome located in the highly coveted Lakewood Village! No association fees! Completely rehabbed in 2024, this beautifully updated home offers a modern, move-in-ready design with thoughtful finishes throughout. The open and functional layout features brand new engineered hardwood floors, a stunning kitchen with quartz countertops, abundant cabinet space, new appliances, and spacious living and dining areas perfect for everyday living and entertaining. The second level includes a bright open loft overlooking the main living area currently used as a second living area or office, but easily convertible to a 3rd bedroom. Generous bedroom sizes include a primary suite with a walk-in shower, a second full bath with a soaking tub, and an additional powder room on the main level. Enjoy outdoor living with a fully enclosed yard and patio, along with the convenience of a 2-car garage and driveway parking. Major mechanical updates include furnace, A/C, and water heater (2021), roof (2024), and appliances (2022-2023). Investor friendly with no rental restrictions. Located in the highly rated Hawthorn District 73 (K-8) schools, with an unbeatable location close to parks, shopping, dining, and just 4 minutes to the Metra for an easy commute. A truly special home you won’t want to miss!

Property Details

Price:
$350,000
MLS #:
MRD12588693
Status:
Active Under Contract
Beds:
2
Baths:
3
Type:
Single Family
Subdivision:
Lakewood Village
Neighborhood:
ivanhoemundelein
Listed Date:
Mar 25, 2026
Finished Sq Ft:
1,566
Year Built:
1994
Ivanhoe / MundeleinIvanhoemundeleinLakewood VillageHawthorn Elementary School (soutHawthorn Middle School SouthMundelein Cons High School

Schools

School District:
120
Elementary School:
Hawthorn Elementary School (Sout
Middle School:
Hawthorn Middle School South
High School:
Mundelein Cons High School

Interior

Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Heating
Natural Gas
Interior Features
Cathedral Ceiling(s), Quartz Counters
Laundry Features
Upper Level, Gas Dryer Hookup, In Unit

Exterior

Association Amenities
Fencing
Common Walls
End Unit
Construction Materials
Vinyl Siding, Brick
Fencing
Fenced
Garage Spaces
2
Other Structures
None
Parking Features
Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Owned, Garage
Parking Spots
4
Parking Total
4
Patio And Porch Features
Patio
Roof
Asphalt
Window Features
Screens

Financial

HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2024
Taxes
$8,048

Listing Agent & Office

Jamie Stoner
Compass

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1431 Derby Lane
Mundelein, IL