Property Q&A in Mundelein>Question Details

nickellpam, Home Buyer in Mundelein, IL

The picture of this home looks like a townhouse. Is this a TH or a single family dwelling and is it on the lake?

Asked by nickellpam, Mundelein, IL Sun Feb 3, 2013

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hi I'm Lois Reeves a real estate broker assoc. in Long Grove I previously worked for the architect/developer who buildt & designed this property and IT IS Lake Front property on Diamond Lake. the units are large with a open
floor plan, contemporary style, private decks and I believe each has a 1 car garage and /or assigned parking. The development has a pier,private sand beach and most units have their own slip. this is a great asking price for that development. It is my understanding the units originally sold around the 250 to 300,000 dollar price range. I think this property is or was recently under contract. Please feel free to contact me
if I can be of further help
0 votes Thank Flag Link Sun Feb 3, 2013
I don't have to have a power boat lake. Mine is not and I'm fine with it. I have an electric pontoon boat.
0 votes Thank Flag Link Sun Feb 3, 2013
Single family on the water on a powerboat lake under $150k is not a likely scenario. I live in Ivanhoe, 2 miles from diamond lake and I did a search of waterfront in Mundelein up to 200k and one came back on small private lake on Gilmer rd. Grayslake has some to consider and few recently under contract.
0 votes Thank Flag Link Sun Feb 3, 2013
I'm very familiar with Diamond Lake. Have been there many times. I am not looking for a TH. I live in Lindenhurst on Lake Linden right now and am looking to move closer to my family who live in the Mt. Prospect, Schaumburg area but, I still want to live on a lake but am looking to downsize on a mortgage and with the values of houses going down was hoping to find something more under $150,000.
0 votes Thank Flag Link Sun Feb 3, 2013
townhome sold last july for 205k HOA is 318/month. Another one in that development just reduced to 185k if you like that area. its a motor boat lake, the closest skiable lake to Chicago.
0 votes Thank Flag Link Sun Feb 3, 2013
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