$699,900

24941 W Forest Drive, Lake Villa, IL 60046

Active
5 beds 3 baths 3,000 sqft (estimated) Built 1923 Residential MLS #MRD12767058 2 days on market
Listing courtesy of @properties Christie's International Real Estate · 847-957-6500 · MLS #MRD12767058 · Status: Active
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
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Property details

Interior

Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Water Softener
Interior features
Wet Bar, 1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s), Open Floorplan, Quartz Counters
Flooring
Hardwood, Laminate
Basement
Finished, Full, Walk-Out Access
Additional rooms
Bedroom 5, Recreation Room, Foyer, Storage, Walk In Closet, Deck, Sun Room
Total rooms
9

Building & exterior

Age
100+ Years
Exterior
Vinyl Siding
Exterior features
Dock
Roof
Asphalt
Foundation
Concrete Perimeter
Windows
Screens
Patio & porch
Deck, Screened
Other structures
Shed(s)

Parking

Garage spaces
1
Total spaces
1
Parking details
Garage Door Opener, Yes, Garage Owned, Detached, Garage

Lot & location

Lot dimensions
59 x 220 x 160 x 297
Lot description
Channel Front, Water Rights, Mature Trees
Township
Lake Villa
County
Lake
Waterfront
Yes
Water body
PETITE LAKE

Utilities

Heating
Natural Gas, Forced Air
Cooling
Central Air
Water
Public
Sewer
Public Sewer
Equipment
Water-Softener Owned, TV-Cable, CO Detectors, Ceiling Fan(s), Sump Pump

HOA & community

Assessment includes
None
Community features
Water Rights, Curbs, Street Lights, Street Paved

Schools

Elementary
Olive C Martin School (41)
Junior high
Peter J Palombi School (41)
High school
Lakes Community High School (117)

Taxes & terms

Annual taxes
$10,412 (2025)
Parcel number (PIN)
02301040420000
PIN
02301040420000
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
9/22/2026

Rooms

RoomSizeLevelFlooring
Bedroom 511X21SecondCarpet
Recreation Room25X32Walkout BasementCeramic Tile
Foyer11X8MainHardwood
Storage10X9Walkout Basement
Walk In Closet7X5Second
Deck32X15Main
Sun Room22X9MainWood Laminate
Bedroom 213X12MainCarpet
Bedroom 311X12MainCarpet
Bedroom 410X14SecondCarpet
Dining Room10X12MainHardwood
Family Room15X12MainHardwood
Kitchen17X23MainHardwood
Laundry17X13Walkout Basement
Living RoomN/A
Master Bedroom14X17SecondCarpet

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.

🏠 This home is in Petite Lake Highlands — see the community's listings, sold prices, and market stats.

Location

Flip to Satellite to see exactly what the home backs up to — and drag the Street View figure onto the road to walk the block.

Recently sold nearby

AddressBeds / BathsSoldPrice
24937 W Forest Drive 2 bd / 2 ba Oct 2025 $545,000
24927 W Forest Drive 3 bd / 2.5 ba Mar 2026 $305,000
24860 W Forest Drive 3 bd / 1 ba Aug 2025 $240,000
24991 W Forest Drive 3 bd / 2 ba Oct 2025 $280,000

Sold data courtesy of MRED as distributed by MLS GRID; properties may be listed or sold by various participants in the MLS.

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4 bd · 2.5 ba · 3,012 sqft
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Want to see this home?

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

Based on information submitted to the MLS GRID as of 2026-09-26 17:59:03. 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.

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