$400,000

2006 Old Peterson Road, Libertyville, IL 60048

Active Under Contract
2 beds 1 baths 1,458 sqft (estimated) Built 1955 Residential MLS #MRD12762828 6 days on market
Listing courtesy of Berkshire Hathaway HomeServices Chicago · 847-234-2500 · MLS #MRD12762828 · Status: Active Under Contract
Adjacent to Timber Creek, this beautiful 2-acre property offers a rare opportunity to create your dream estate. Featuring 2 separate PINs and sold together in one offering, each 1-acre parcel is zoned R-1, providing flexibility for future possibilities. The existing home is being conveyed as-is and is ideal for a complete renovation or tear down. Build one exceptional custom home across the full 2 acres or explore the potential to develop 2 separate residences. Libertyville schools. *Well & Septic inspected May 2026.

Property details

Interior

Basement
None
Additional rooms
No additional rooms
Total rooms
5

Building & exterior

Style
Ranch
Age
71-80 Years
Exterior
Wood Siding
Exterior features
Dog Run
Roof
Asphalt
Patio & porch
Deck
Other structures
Shed(s)

Parking

Garage spaces
2
Total spaces
2
Parking details
Asphalt, Garage Door Opener, Yes, Attached, Garage

Lot & location

Lot dimensions
295 x 295
Township
Libertyville
County
Lake

Utilities

Heating
Natural Gas
Cooling
None
Water
Well
Sewer
Septic Tank

HOA & community

Assessment includes
None

Schools

Elementary
Adler Park School (70)
Junior high
Highland Middle School (70)
High school
Libertyville High School (128)

Taxes & terms

Annual taxes
$11,593 (2025)
Parcel number (PIN)
11072000110000
PIN
11072000110000
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
9/18/2026

Rooms

RoomSizeLevelFlooring
Bedroom 210X10Main
Bedroom 3N/A
Bedroom 4N/A
Dining RoomN/A
Family Room12X18Main
Kitchen10X12Main
Laundry6X8Main
Living Room12X12Main
Master Bedroom10X12Main

What would this home cost per month?

Using this listing's actual tax bill (2025) — adjust anything.

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

Estimates only — not a loan offer or quote; your rate, insurance and PMI depend on your credit and lender. Run other scenarios on the full mortgage calculator, or ask us to connect you with lenders our clients actually close with.

Similar homes nearby

$387,000
3 bd · 2 ba · 1,693 sqft
100 Red Top Drive #303, Libertyville, IL 60048
$465,000
3 bd · 2.5 ba · 2,230 sqft
1907 Lynn Circle, Libertyville, IL 60048
$350,000
2 bd · 2 ba · 1,260 sqft
1214 Gulfstream Parkway #19B, Libertyville, IL 60048
Want to see this home?

The Dawn Simmons Team (RE/MAX Suburban) can show you any listed property and give you a straight answer on what it's really worth. Call/text Josh at (224) 628-4013.

Ask About This Home →

Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

Based on information submitted to the MLS GRID as of 2026-09-26 06:00:02. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; any other use or search of this data is prohibited. Data is deemed reliable but is not guaranteed by MLS GRID. Some listings have been excluded from this website. Use of this site is subject to our Terms of Use and DMCA notice. © 2026 MRED.

Call now Text Josh
Text Josh