Skip main navigation
Open: Sat 12pm-2pm
New
$325,000
2beds
1,300sqft

37 Terrace Ln APT F, Lake Zurich, IL 60047

2beds
1,300sqft
Townhouse, single family residence
Built in 1990
1 Attached garage space
$250 price/sqft
$280/mo HOA

What's special

Cozy fireplaceIn-unit laundryProfessionally cleaned interiorBrand-new carpetBrand-new stoveFull primary bathroom

On the Market for the first time in 30 years! Welcome to this beautifully maintained and refreshed 2-Bedroom & 2 1/2-Bathroom Townhome perfectly situated in the heart of Lake Zurich! Step inside to find a bright and inviting living space featuring a cozy fireplace, and seamless access to a private outdoor ...

2 days
|
843
|
38
|
Source: MRED as distributed by MLS GRID,MLS#: 12568829MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked: 7 hours ago

Listing updated: April 21, 2026 at 01:07pm

Listing courtesy of:

Kim Alden 847-306-6158,

Compass,

Lucero Mateos 847-909-6708,

Compass

Source: MRED as distributed by MLS GRID,MLS#: 12568829MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
Rooms
  • Room types: No additional rooms
Primary bedroom
  • Features: Flooring (Wood Laminate), Bathroom (Full)
  • Level: Main
  • Area: 196 Square Feet
  • Dimensions: 14X14
Bedroom 2
  • Features: Flooring (Wood Laminate)
  • Level: Main
  • Area: 180 Square Feet
  • Dimensions: 15X12
Family room
  • Features: Flooring (Carpet)
  • Level: Lower
  • Area: 520 Square Feet
  • Dimensions: 40X13
Kitchen
  • Features: Kitchen (Eating Area-Table Space, Pantry-Closet, Updated Kitchen), Flooring (Ceramic Tile)
  • Level: Main
  • Area: 238 Square Feet
  • Dimensions: 17X14
Laundry
  • Features: Flooring (Other)
  • Level: Lower
  • Area: 220 Square Feet
  • Dimensions: 22X10
Living room
  • Features: Flooring (Carpet)
  • Level: Main
  • Area: 273 Square Feet
  • Dimensions: 21X13
Heating
  • Natural Gas, Forced Air
Cooling
  • Central Air
Appliances
  • Included: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Laundry: Washer Hookup
Features
  • Cathedral Ceiling(s), 1st Floor Bedroom
  • Flooring: Hardwood
  • Windows: Screens, Skylight(s)
  • Basement: Unfinished,Full
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning, Gas Starter, Living Room
  • Common walls with other units/homes: End Unit
Interior area
  • Total structure area: 0
  • Total interior livable area: 1,300 sqft

Property

Parking
  • Total spaces: 1
  • Parking features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
  • Attached garage spaces: 1
  • Has uncovered spaces: Yes
Accessibility
  • Accessibility features: No Disability Access
Features
  • Patio & porch: Patio
Lot
  • Features: Common Grounds, Cul-De-Sac, Landscaped
Details
  • Parcel number: 14203040420000
  • Special conditions: None
  • Other equipment: TV-Cable, Sump Pump

Construction

Type & style
  • Home type: Townhouse
  • Property subtype: Townhouse, Single Family Residence
Materials
  • Brick
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
Condition
  • New construction: No
  • Year built: 1990

Utilities & green energy

  • Electric: Circuit Breakers
  • Sewer: Public Sewer, Storm Sewer
  • Water: Public

Community & HOA

Community
  • Subdivision: Terrace Lane
HOA
  • Has HOA: Yes
  • Services included: Insurance, Lawn Care, Scavenger, Snow Removal
  • HOA fee: $280 monthly
Location
  • Region: Lake Zurich

Financial & listing details

  • Price per square foot: $250/sqft
  • Tax assessed value: $4,725
  • Annual tax amount: $4,113
  • Date on market: 4/21/2026
  • Ownership: Condo

Price history

DateEventPrice
4/21/2026Listed for sale$325,000+164.2%$250/sqft
Source: MRED as distributed by MLS GRID #12568829 Report a problem
5/5/1995Sold$123,000$95/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2023$124 -3.1%$1,764 +12%
2022$128 +3.5%$1,575 -2.9%
2021$123 +1.8%$1,622 +2.7%
2020$121 +1.6%$1,580 +0.9%
2019$119 -59.4%$1,566 -59.8%
2018$294 $3,893 +1.2%
2017$294 +3.1%$3,846 +3.3%
2016$285 -7%$3,724 +5%
2015$307 +0.8%$3,547 -5.2%
2014$304 +5.3%$3,741 -0.2%
2012$289 +6.2%$3,749 -3%
2011$272 +8.8%$3,864 +0.5%
2010$250 +4%$3,846 -4%
2009$241 +2%$4,006 +2.1%
2008$236 +31.9%$3,924 +0.7%
2006$179 +19.9%$3,896
2005$149 +4.9%--
2004$142 +0.9%--
2003$141 -39.7%--
2002$233 -0.8%--
2001$235 +10.7%$3,251 +2.7%
2000$213 $3,166

Find assessor info on the county website

Monthly payment

Est. payment
$2,563/mo
Principal & interest
$1579
Property taxes
$704
HOA Fees
$280
More affordability tools

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Climate risks

    Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

    Neighborhood: 60047

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: May Whitney Elementary School
    • Middle: Lake Zurich Middle - N Campus
    • High: Lake Zurich High School
    • 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.

    Open houses

    • Sat, Apr 25

      12:00 PM - 2:00 PM

    • Sun, Apr 26

      12:00 PM - 2:00 PM