Come see this rock-solid, all-brick ranch home tucked inside the historic Cedar Crest subdivision of unincorporated Lake Villa! Boasting a spacious 1,188 square feet of main-level living space plus an identical 1,188 square foot full basement, this property offers unmatched space and structural integrity. The interior features three comfortable bedrooms, beautiful kitchen equipped with premium granite countertops and stainless steel appliances. Outside, enjoy a fenced yard, a one-car attached garage, and a pristine brick exterior with sharp tuckpointing and a newer roof. Steeped in local heritage, this neighborhood sits just south of the historic 1880s estate grounds of E.J. Lehmann, the famous Chicago department store pioneer who originally established Lake Villa as a premier vacation oasis. Property owners enjoy water rights to [Petite Lake] and the massive Fox Chain O’ Lakes-Midwest’s premier freshwater system connecting 15 navigable lakes ! Access includes neighborhood parks, $75 annual HOA fee. Connected to city sewer with a private well. Bring your decorating vision to refresh the original hardwood floors and claim your slice of Lake Villa history! Listing agent is related to seller by marriage .
Property Details
Price:
$299,900
MLS #:
MRD12755739
Status:
Active Under Contract
Beds:
3
Baths:
1
Type:
Single Family
Neighborhood:
lakevillalindenhurst
Listed Date:
Sep 10, 2026
Finished Sq Ft:
1,188
Year Built:
1958
See this Listing
Schools
School District:
117
Interior
Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Bathrooms
1 Full Bathroom
Cooling
Central Air
Heating
Natural Gas, Forced Air
Exterior
Construction Materials
Brick
Garage Spaces
1
Parking Features
Yes, Garage Owned, Attached, Garage
Parking Spots
1
Parking Total
1
Roof
Asphalt
Financial
HOA Fee
$75
HOA Fee Frequency
Annually
HOA Includes
Lake Rights
Tax Year
2025
Taxes
$5,652
Map
Community
- Address39180 N Petite Terrace Lake Villa IL
- CityLake Villa
- CountyLake
- Zip Code60046
Market Summary
Current real estate data for Single Family in Lake Villa as of Oct 06, 2026
60
Single Family Listed
45
Avg DOM
199
Avg $ / SqFt
$422,684
Avg List Price
Property Summary
- 39180 N Petite Terrace Lake Villa IL is a Single Family for sale in Lake Villa, IL, 60046. It is listed for $299,900 and features 3 beds, 1 baths, and has approximately 1,188 square feet of living space, and was originally constructed in 1958. The current price per square foot is $252. The average price per square foot for Single Family listings in Lake Villa is $199. The average listing price for Single Family in Lake Villa is $422,684.
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39180 N Petite Terrace
Lake Villa, IL


