$699,900
Lake Villa, IL 60046
Fall in love with waterfront living on the Chain O'Lakes! Set on 2.5 beautifully landscaped lots with 160 feet of channel frontage just off Petite Lake, this exceptional 5-bedroom, 3-bath home offers approximately 3,000 square feet of living space and a rare combination of water access, privacy and room to breathe. As the seasons change, enjoy beautiful waterfront views, crisp fall evenings on the deck and year-round access to everything the Chain O'Lakes lifestyle has to offer. Step inside to beautiful wood floors, an open floor plan and an updated kitchen featuring quartz countertops, a large center island, stainless steel appliances and abundant cabinetry. The kitchen flows effortlessly into the dining and family rooms, while the sunroom is surrounded by windows showcasing peaceful water views and filling the home with natural light. The finished walkout basement provides even more living space with a spacious recreation area, wet bar, full bath and abundant storage-perfect for entertaining family and friends. Outdoor living is just as impressive. Relax on the expansive maintenance-free deck, unwind in the screened porch or head down to your private pier for easy access to Petite Lake and the entire Chain O'Lakes. The rare 2.5-lot setting provides an incredible amount of green space, mature trees and privacy seldom found with waterfront living. Recent improvements include the roof, windows, siding, furnace, air conditioner, water heater, fresh paint and newer flooring, allowing you to move in with confidence and simply enjoy. Whether you're searching for a full-time residence or the perfect weekend escape, this is a place to enjoy in every season. From fall colors and cozy waterfront evenings to summer days spent boating the Chain, lake life starts here
Estimated monthly cost for this home
$4,808/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (7.03%, 2026-09-24). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| 2025 property taxes | $10,412/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
Olive C Martin School
41
Middle
Peter J Palombi School
41
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 @properties Christie's International Real Estate, listed by Tracy McBreen.
Information last updated Sep 23, 2026, 1:35 PM.
24941 Forest Drive
Lake Villa, IL 60046

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