Listing provided courtesy of Sterling Group IncMREDMLS# 12588247MLS Provider
  • 111 days on site
  • 8 views

Create your own private lake retreat - and explore the opportunity to turn it into an income-producing short-term rental when you're not using it. A rare opportunity in Unincorporated Lake Villa to design and build your own quiet escape on a 50x125 lot with views of Crooked Lake. Surrounded by mature trees and positioned with northern exposure, this property offers a peaceful, private setting with unobstructed lake views - the perfect backdrop for a custom home, weekend getaway, or personal retreat. Looking for more than personal use? This may also be an opportunity to build a property that works for both lifestyle and potential income, with short-term rental possibilities subject to applicable rules, permits, and approvals. Minutes from shopping, restaurants, and everyday conveniences, yet tucked away in a quiet natural setting. Bring your vision. Design your retreat. Create a property that can serve as both your private escape and a potential income opportunity. Drive by only Sold AS IS

Source: MRED, MLS#: 12588247

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  • Property Type
    Residential

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 38740 N Anderle Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/15/2026Source: MRED Status Change
Active
3/10/2026Source: MRED Added to Database
March 10, 2026