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Closed
  • $70,000

    38441 N 7th Ave, Spring Grove, IL 60081

    2beds
    890sqft
    Single Family Residence
    Built in 1940
    0.52 Acres Lot
    $72,400 Zestimate®
    $79/sqft
    $1,749 Estimated rent

    Home value

    $72,400

    $65,000 - $80,000

    $1,749/mo

    Zestimate® history
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    What's special

    A rare. one-time opportunity, to get TWO HOUSES (totaling approx. 1500 sq. ft.) and FIVE out buildings for ONE money (less than 45,000 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 or natural gas to property for inspections or any other reasons). 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). The entire property including BOTH HOUSES AND FIVE 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.

    Zillow last checked: 8 hours ago

    Listing updated: May 21, 2025 at 02:09am

    Listing courtesy of:

    Stephen Poltera 815-575-6869,

    Poltera, Stephen

    Bought with:

    Stephen Poltera

    Poltera, Stephen

    Source: MRED as distributed by MLS GRID,MLS#: 12279271MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Flooring (Carpet)
    • Level: Second
    • Area: 190 Square Feet
    • Dimensions: 10X19
    Bedroom 2
    • Level: Main
    • Area: 96 Square Feet
    • Dimensions: 8X12
    Kitchen
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 11X12
    Living room
    • Features: Flooring (Wood Laminate)
    • Level: Main
    • Area: 220 Square Feet
    • Dimensions: 11X20
    Screened porch
    • Level: Main
    • Area: 160 Square Feet
    • Dimensions: 8X20
    Heating
    • Natural Gas
    Cooling
    • None
    Appliances
    • Included: Range, Refrigerator
    Features
    • 1st Floor Bedroom, 1st Floor Full Bath
    • Doors: Storm Door(s)
    • Windows: Skylight(s)
    • Basement: None
    Interior area
    • Total structure area: 0
    • Total interior livable area: 890 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 1
    • Patio & porch: Screened
    • Fencing: Fenced
    Lot
    • Size: 0.52 Acres
    • Dimensions: 150 X 150
    Details
    • Additional structures: Outbuilding, Shed(s)
    • Parcel number: 01334080130000
    • Special conditions: None
    • Other equipment: Ceiling Fan(s)

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & neighborhood

    Location
    • Region: Spring Grove

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/20/2025Sold$70,000-22.1%$79/sqft
    Source: MRED as distributed by MLS GRID #12279271
    4/23/2025Contingent$89,895$101/sqft
    Source: MRED as distributed by MLS GRID #12279271
    3/28/2025Price change$89,895-10%$101/sqft
    Source: MRED as distributed by MLS GRID #12279271
    3/3/2025Price change$99,899-23.1%$112/sqft
    Source: MRED as distributed by MLS GRID #12279271
    1/28/2025Listed for sale$129,900+394.9%$146/sqft
    Source: MRED as distributed by MLS GRID #12279271

    Public tax history

    YearProperty taxesTax assessment
    2023$4,345 -7.1%$59,154 +11.7%
    2022$4,678 +4.1%$52,968 -5.6%
    2021$4,495 +2.2%$56,083 +10.2%

    Find assessor info on the county website

    Neighborhood: 60081

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Grant Community High School
    • District: 114

    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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    $72,400
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    With Zillow Showcase(estimated)
    $73,848