$380,000
Lake Villa, IL 60046
Everything has been done for you in this 3 bedroom, 2 bath home on 2 lots! NEW floors throughout. NEW siding, NEW STEEL roof, NEW deck, NEW windows, NEW kitchen cabinets and counters in BOTH kitchens (potential to be a duplex, in law arrangement or an amazing entertainment space). The location is ideal, 1 block from Deep Lake and only a few minutes from the Metra and expressway provides a great commute plus sought after Lakes HS!! Double the Living Space! Bring your vision and tool belt to this unique, two-story home brimming with potential! Situated on a sprawling, near half-acre lot, this property offers an incredible layout featuring a full in-law arrangement. With 2 full kitchens, 3 bedrooms, and 2 full bathrooms split across the living spaces, the possibilities are endless-perfect for multi-generational living, related living, or a specialized layout. Enjoy summer days with highly desirable lake rights to Deep Lake! The massive yard offers plenty of room for expansion, gardening, or outdoor entertainment. The home needs work and is being sold strictly As-Is, making it the perfect canvas for investors, flippers, or handy buyers looking to build sweat equity in a fantastic location. Property can be sub-divided with county approval. Don't miss out on this diamond in the rough! 2-minute walk to the lake.
Estimated monthly cost for this home
$2,489/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.69%, 2026-08-06). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| Listed Aug 12, 2026 | $380,000 |
| 2024 property taxes | $5,018/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
Assigned schools per the listing's MRED record. Always verify with the district before you buy.
Elementary
Oakland Elementary School
34
Middle
Antioch Upper Grade School
34
High school
Lakes Community High School117
See programs, enrollment & homes near this school →
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Century 21 Universal, listed by Rene Alvarez.
Information last updated Aug 12, 2026, 9:34 PM.
21938 6th Street
Lake Villa, IL 60046

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.