Attention investors, builders, and contractors! This unique real estate package features a single-family home requiring substantial rehab or a complete teardown, paired with the adjacent 50′ x 110′ vacant lot. Perfect for a profitable flip, a custom rebuild, or a dual-lot development project. The property is being sold strictly AS-IS, WHERE-IS. Due to structural conditions, utilities are completely disconnected/non functioning. With voluntary membership in the Subdivision homeowner’s association, you have lake access to Crooked Lake. cash offers preferred, Do not enter the property without a confirmed showing appointment. All showings require a signed liability waiver prior to confirmation. Great opportunity for the right buyer looking for their next renovation or redevelopment project!
Property Details
Price:
$49,500
MLS #:
MRD12652526
Status:
Active
Beds:
1
Baths:
1
Type:
Single Family
Neighborhood:
lakevillalindenhurst
Listed Date:
May 19, 2026
Finished Sq Ft:
560
Year Built:
1939
See this Listing
Schools
School District:
117
Interior
Bathrooms
1 Full Bathroom
Cooling
None
Heating
None
Exterior
Construction Materials
Cedar
Financial
HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2025
Taxes
$2,179
Map
Community
- Address38950 N Hickory Street Lake Villa IL
- CityLake Villa
- CountyLake
- Zip Code60046
Market Summary
Current real estate data for Single Family in Lake Villa as of Jun 21, 2026
47
Single Family Listed
49
Avg DOM
203
Avg $ / SqFt
$391,327
Avg List Price
Property Summary
- 38950 N Hickory Street Lake Villa IL is a Single Family for sale in Lake Villa, IL, 60046. It is listed for $49,500 and features 1 beds, 1 baths, and has approximately 560 square feet of living space, and was originally constructed in 1939. The current price per square foot is $88. The average price per square foot for Single Family listings in Lake Villa is $203. The average listing price for Single Family in Lake Villa is $391,327.
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Copyright 2026. All rights reserved.
38950 N Hickory Street
Lake Villa, IL

