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Price cut: $50,900
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Detached Single · Lake Villa, IL
$749,000$799,900
5 beds · 3 baths · 3,000 sqft
24941 W Forest Drive, Lake Villa, IL, 60046
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Central air1-car garageIn-unit laundry
Waterfront living at its finest! Nestled 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 beautifully designed living space and the perfect blend of privacy, comfort, and the ultimate Chain O'Lakes lifestyle. Whether you're enjoying your morning coffee overlooking the water, spending the day boating on the Chain, or entertaining family and friends, this home was designed to create unforgettable memories. Step inside to discover beautiful wood floors, an open floor plan, and an updated kitchen featuring quartz countertops, a large center island, abundant cabinetry, and plenty of space to gather. The kitchen flows effortlessly into the dining room and family room, while the sunroom is surrounded by windows that showcase peaceful water views and fill the home with natural light. The finished walkout basement expands your living space with a spacious recreation area, wet bar, full bath, and abundant storage, making it the perfect place to host guests after a day on the water. Outdoor living is simply exceptional. Relax on the expansive maintenance-free deck, unwind in the screened porch, or step into your backyard where your private pier provides easy access to Petite Lake and the entire Chain O'Lakes. The rare 2.5-lot setting offers an incredible amount of green space, mature trees, and privacy that is seldom found on waterfront property. 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 enjoy lake life from day one. Whether you're searching for a full-time residence or the perfect weekend escape, this is more than a home-it's where summers are celebrated, sunsets are savored, and lifelong memories are made."
— the listing agent’s description

The home

5 beds
3 baths
3,000 sqft
Built in 1923
Lot 59 x 220 x 160 x 297
1-car garage
Detached Single

What it’ll cost

$250 / sqft
$23,011,443 taxes / yr
No HOA
Listed $799,900
Now $749,000
18 days on dwello

Estimated monthly payment

$1,921,820/mo
Principal & interest$3,982
Property taxes$1,917,620
Homeowners insurance$218
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Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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18 days on dwello
Price history
Price reduced
Aug 16, 2026
↓ $50,900$749,000
Listed for sale
Jul 30, 2026
$799,900
Now $50,900 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$23,011,443/yr
From county records — verify with the assessor.

Features

Central AirNatural GasForced AirVinyl SidingPublic SewerGarage Door OpenerYes

Schools

Elementary — Olive C Martin School
Middle — Peter J Palombi School
High — Lakes Community High School
Assigned schools per the listing — always verify enrollment + boundaries with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Tracy McBreen · @properties Christie's International Real Estate
Listing last updated Aug 16, 2026 · data refreshed from the MLS Aug 16, 2026, 5:06 AM CT
Based on information submitted to the MLS GRID as of Aug 16, 2026, 5:06 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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