OPEN SUN, 1PM TO 3PM
For sale
$269,000
Est. $1,944/mo —
3
bd
•
1 ba
•
1,150
sq ft

518 Rae Ave, Lake Villa, IL 60046

map-entry

About this home

Single-familyProperty Type
1935Year Built
8,171 sq ftLot Size
$234Price/Sq.Ft.
1 car garageParking
Listed by Manpreet Singh • LPT Realty
Listing updated:
Redfin checked: 2 minutes ago
•Source:MRED as Distributed by MLS Grid #12784076
17 days on Redfin • 1,118 views • 39 favorites

Payment calculator

$1,944 per month

Principal and interest$1,468
Property taxes
HOA dues
Home insurance
Utilities
Down payment
20% ($53,800)
Home price
$269,000
Loan details
30-yr fixed, 7.25%
5 minutes to get started. No credit impact. 

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Open houses
Sunday, Nov 1
1:00pm - 3:00pm

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Around this home

Schools

Olive C Martin School

Public PreK-5 • Assigned • 0.9mi

6/10
Peter J Palombi School

Public 6-8 • Assigned • 1.3mi

5/10
Lakes Community High School

Public 9-12 • Assigned • 2.1mi

8/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

518 Rae Ave · $269,000
$276K and above
75% chance or better to win
Why $276K+ is a strong offer
DAYS ON MARKET
18 days
The average home goes pending in 50 days.
SALE-TO-LIST
100.1%
Most homes are selling 0% above list price.
About offer insights

Property details

Kitchen

Kitchen

Bathroom

Bathroom

Bedroom

Bedroom

Living

Living

  • Interior features
  • First-floor full bathroom
  • Ceiling fans
  • Owned water softener
  • Bedrooms
  • 3 bedrooms on the main level
  • Bathrooms
  • 1 full bathroom
  • Laundry & utility
  • Laundry in garage
  • Flooring
  • Hardwood and carpet
  • Heating & cooling
  • Natural gas forced-air heating
  • Central air conditioning

Sale and tax history for 518 Rae Ave

Public record

Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
8,172 Sq. Ft.
Year renovated
1935
Finished Sq. Ft.
1,150
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,150
Year built
1935
Style
Single Family Residential
County
Lake County
APN
02-32-102-013
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 23, 2026.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

2/10 Heat Factor

7 days above 101° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Lake Villa, IL • 60046
Average low and high temperatures (°F)
28
13
36
20
52
31
60
40
67
47
80
60
83
66
79
61
76
56
66
47
49
35
34
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

97/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 11% for direct sun exposure in Lake Villa. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

11.2 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap

Redfin Estimate for 518 Rae Ave

$269,206
$206 over list price of $269K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $230K to $430K.

More resources

Rental earnings

Est. $2,155 per month, based on comparable rentals

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Details provided by MRED as Distributed by MLS Grid and may not match the public record. Learn more.
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GreatSchools Ratings provided by GreatSchools.org.