Ranch on Double Lot conveniently located near transportation, shopping, trails, parks and neighborhood beach. Both lots included and City Sewer and Water make this a good investment opportunity with loads of potential options.
Live in it, add on or tear it down and build a larger house on both lots! Great potential in this Charming little cottage that was converted into a home years ago. New roof 2014. HVAC replaced in 2008. Updated Bathroom with Walk in shower. Auntie Em's style basement with exterior access. Years ago you could enter the basement through the house but seller closed it off to get more room in the kitchen. Vacant lot next door is included with sale and WILL NOT be separated (Second pin number is 1418309002). There is NO homestead exemption on either parcels. Being sold "as-is". Enjoy optional neighborhood beach and lake rights.
MRED as Distributed by MLS Grid #07646977
May 2, 2012
Listing Removed
—
Nov 19, 2011
Price Changed (Price Change)
*
Sep 26, 2011
Price Changed (Price Change)
*
Jul 27, 2011
Price Changed (Price Change)
*
Oct 1, 2010
Listed (New)
*
Public Records
Sep 30, 2010
Sold
$1,800
$1/sq ft
Public Records
May 8, 2008
Sold
$1,800
$1/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,371 (+0.6%)
$25,622 + $33,696
$59,318
2024
$4,347 (+37.9%)
$25,622 + $33,696
$59,318
2023
$3,153 (+2.6%)
$24,540 + $32,273
$56,813
2022
$3,072 (+3.9%)
$20,766 + $27,310
$48,076
2021
$2,958 (+1.8%)
$20,364 + $24,636
$45,000
2020
$2,904 (+1.5%)
$19,842 + $24,005
$43,847
2019
$2,861 (−10.8%)
$19,669 + $23,796
$43,465
2018
$3,208 (+1.5%)
$21,159 + $26,759
$47,918
2017
$3,161 (−11.1%)
$21,159 + $26,759
$47,918
2016
$3,554 (+1.2%)
$20,904 + $26,436
$47,340
2015
$3,512 (+29.3%)
$20,242 + $25,599
$45,841
2013
$2,716 (+4.8%)
$14,750 + $24,637
$39,387
2012
$2,593 (−0.8%)
$14,885 + $24,863
$39,748
2011
$2,615 (−2.5%)
$15,380 + $27,562
$42,942
2010
$2,682 (+3.7%)
$14,750 + $32,346
$47,096
2008
$2,585 (+345.7%)
$15,365 + $33,694
$49,059
2007
$580
$14,947 + $31,689
$46,636
Tax history for 981 Ravinia Ter
Year
Property tax
Land + Additions
Assessment*
2025
$4,371 (+0.6%)
$25,622 + $33,696
$59,318
2024
$4,347 (+37.9%)
$25,622 + $33,696
$59,318
2023
$3,153 (+2.6%)
$24,540 + $32,273
$56,813
2022
$3,072 (+3.9%)
$20,766 + $27,310
$48,076
2021
$2,958 (+1.8%)
$20,364 + $24,636
$45,000
2020
$2,904 (+1.5%)
$19,842 + $24,005
$43,847
2019
$2,861 (−10.8%)
$19,669 + $23,796
$43,465
2018
$3,208 (+1.5%)
$21,159 + $26,759
$47,918
2017
$3,161 (−11.1%)
$21,159 + $26,759
$47,918
2016
$3,554 (+1.2%)
$20,904 + $26,436
$47,340
2015
$3,512 (+29.3%)
$20,242 + $25,599
$45,841
2013
$2,716 (+4.8%)
$14,750 + $24,637
$39,387
2012
$2,593 (−0.8%)
$14,885 + $24,863
$39,748
2011
$2,615 (−2.5%)
$15,380 + $27,562
$42,942
2010
$2,682 (+3.7%)
$14,750 + $32,346
$47,096
2008
$2,585 (+345.7%)
$15,365 + $33,694
$49,059
2007
$580
$14,947 + $31,689
$46,636
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
6,531 Sq. Ft.
Year renovated
1944
Sq. Ft.
684
Year built
1938
Style
Single Family Residential
County
Lake County
APN
14-18-309-001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
Property details
Parking
Parking Information
# Of Cars: 1
# of Garage Spaces: 1
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Interior
Bathroom Information
# of Baths (Full): 1
Bedroom Information
# of Bedrooms: 3
# of Bedrooms Possible: 3
Room Information
Room Type: Bedroom 2
Level: Main
Dimensions: 9 x 6
Room Information
Room Type: Bedroom 3
Level: Main
Dimensions: 8 x 6
Room Information
Room Type: Dining Room
Level: Main
Dimensions: 10 x 10
Room Information
Room Type: Kitchen
Level: Main
Dimensions: 14 x 9
Room Information
Room Type: Living Room
Level: Main
Dimensions: 10 x 10
Room Information
Room Type: Master Bedroom
Level: Main
Dimensions: 10 x 9
Bath: None
Additional Rooms Information
Basement: Partial
Basement Description: Unfinished,Exterior Access
Interior Features
# of Rooms: 6
Exterior
Exterior Features
Exterior Features: Other
Building Information
Living Area Source: Assessor
Exterior Building Type: Vinyl Siding
Age: 81-90 Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt
Aprox. Total Finished Sq Ft: 684
Property Information
Property Type: Detached Single
Property Type: 1 Story
Main Sq Ft: 684
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
Total Finished/Unfinshed Sq Ft: 1,365
Total Sq Ft: 684
Unfinished Lower Sq Ft: 681
General Information: School Bus Service
Parcel Number: 14183090010000
Lot Information
Dimensions: 102 X 120
Lot Size: .25-.49 Acre
Lot Features: Corner Lot
Financial
Tax Information
Tax Annual Amount: $4,457.76
Tax Year: 2021
Tax Exemptions: Homeowner
Financial Information
Finance Code: Cash
Special Service Area: N
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Heating & Cooling
Heating: Natural Gas, Forced Air
Cooling: Central Air
Location
Homeowners Association Information
Master Association Fee Frequency: Not Required
School Information
Elementary School District: 95
Middle Or Junior School District: 95
High School District: 95
Location Information
Township: Ela
Corporate Limits: Lake Zurich
Directions: Rand to Ravinia then South to home
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 684
Stories: 1.0
Lot Size: 6,531 square feet
Style: Single Family Residential
Year Built: 1938
Year Renovated: 1944
County: Lake County
APN: 14-18-309-001
Home facts updated by county records on Jul 15, 2026
Other
Listing Information
Holds Earnest Money: Yes
Possession: Closing
Teams Information
Buyer Team Name: The Peggy Cobrin Team
Around this home
Schools
Seth Paine Elementary School
Public K-5 • Assigned • 0.8mi
10/10
Lake Zurich Middle - N Campus
Public 6-8 • Assigned • 1.9mi
8/10
Lake Zurich High School
Public 9-12 • Assigned • 1.5mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Lake Zurich, IL • 60047
Average low and high temperatures (°F)
29
13
37
19
54
32
61
41
69
47
81
61
84
66
81
62
79
57
67
46
50
36
35
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.2 hours in
June and 3.4 hours in December, placing it below the
U.S. average for solar exposure.
10.2 hrs
3.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$298,000 – $360,000
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