Great opportunity in Lake Zurich! This uniquely configurated home features a versatile layout-perfect for investors, extended families, or those seeking rental income. The main level offers ample living space, a full bath, and 2 bedrooms. The upper level has a separate entrance, its own kitchen, 2 bedrooms, and 1 bath, ideal for added privacy or dual living. The basement includes a washer/dryer, providing convenience for both units. Located within the Forest Lake Community Association, enjoy access to the lake, parks, playgrounds, community center, and year-round family events. A unique home with flexible living options in a desirable neighborhood!
Closed
$327,000
23761 N Cottage Rd, Lake Zurich, IL 60047
4beds
1,619sqft
Single Family Residence
Built in 1938
-- sqft lot
$338,700 Zestimate®
$202/sqft
$3,066 Estimated rent
Home value
$338,700
$322,000 - $356,000
$3,066/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 08, 2025 at 02:24pm
Listing courtesy of:
Jamie Lemmons-Svoboda 847-606-9045,
Keller Williams Preferred Rlty
Bought with:
Grant Zabielski
Charles Rutenberg Realty of IL
Source: MRED as distributed by MLS GRID,MLS#: 12410553
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
- Area: 136 Square Feet
- Dimensions: 17X8
Bedroom 2
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13X9
Bedroom 3
- Level: Second
- Area: 126 Square Feet
- Dimensions: 9X14
Bedroom 4
- Level: Second
- Area: 88 Square Feet
- Dimensions: 8X11
Dining room
- Level: Main
- Area: 63 Square Feet
- Dimensions: 9X7
Foyer
- Level: Main
- Area: 49 Square Feet
- Dimensions: 7X7
Kitchen
- Level: Main
- Area: 210 Square Feet
- Dimensions: 21X10
Kitchen 2nd
- Level: Second
- Area: 110 Square Feet
- Dimensions: 10X11
Laundry
- Level: Basement
- Area: 108 Square Feet
- Dimensions: 12X9
Living room
- Level: Main
- Area: 306 Square Feet
- Dimensions: 17X18
Office
- Level: Main
- Area: 105 Square Feet
- Dimensions: 15X7
Other
- Level: Second
- Area: 100 Square Feet
- Dimensions: 10X10
Other
- Level: Basement
- Area: 840 Square Feet
- Dimensions: 30X28
Heating
- Natural Gas, Electric
Cooling
- Window Unit(s)
Appliances
- Included: Range, Microwave, Refrigerator, Freezer, Washer, Dryer, Water Softener Owned
- Laundry: In Unit
Features
- 1st Floor Bedroom, 1st Floor Full Bath
- Flooring: Hardwood, Carpet
- Basement: Unfinished,Full
Interior area
- Total structure area: 2,488
- Total interior livable area: 1,619 sqft
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
- Patio & porch: Patio, Porch
Lot
- Dimensions: 30X110X118X65X130
- Features: Level
Details
- Parcel number: 14151050130000
- Special conditions: None
- Other equipment: Water-Softener Owned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1938
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer, Storm Sewer
- Water: Private, Well
Community & neighborhood
Community
- Community features: Park, Lake, Other, Sidewalks, Street Lights
Location
- Region: Lake Zurich
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $225 annually
- Services included: Lake Rights, Other
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple w/ HO Assn.
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2025 | Sold | $327,000-6.3%$202/sqft |
Source:  MRED as distributed by MLS GRID #12410553 Report a problem | ||
| 8/20/2025 | Contingent | $349,000$216/sqft |
Source: MRED as distributed by MLS GRID #12410553 Report a problem | ||
| 7/23/2025 | Price change | $349,000-2.8%$216/sqft |
Source: MRED as distributed by MLS GRID #12409577 Report a problem | ||
| 7/13/2025 | Listed for sale | $359,000$222/sqft |
Source: MRED as distributed by MLS GRID #12409577 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $1,124 -24.9% | $95,440 +11% |
| 2022 | $1,498 +0.6% | $85,997 +8.3% |
| 2021 | $1,489 +1.9% | $79,394 +2.6% |
Find assessor info on the county website
Neighborhood: 60047
Nearby schools
GreatSchools rating
- 9/10May Whitney Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 8/10Lake Zurich Middle - N CampusGrades: 6-8Distance: 2.2 mi
- 10/10Lake Zurich High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- District: 95
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$338,700