1016 Rainy Lake Court

Lake Villa, IL
$ 419,900 Beds 3 Baths 2.5 Sq 1,765
Monthly Estimate* How much can I afford?

Welcome to this beautifully maintained home in the highly desirable Painted Lakes community! Situated on a spacious quarter-acre corner lot, this home offers plenty of room to grow, gather, and make lasting memories. The bright, open kitchen features stainless steel appliances and flows seamlessly into the living areas, perfect for everyday living and entertaining. The finished lower level adds versatile space for a recreation room, home office, workout area, or whatever suits your lifestyle. Step outside to your backyard oasis, complete with a fenced yard, brick patio, pool deck, and heated pool, ideal for summer gatherings or relaxing after a long day. Major updates include: Furnace & A/C (2016) Roof, siding & gutters (2018) Lower level finished (2020) Master bath updated (2021) Pella windows and Sliding Door (2021) Cedar fence with composite posts (2021) Flooring throughout (2021) Garage floor & porch coatings (2022) Professional landscaping (2026) Additional highlights include walk into attic with flooring (LVP) for extra storage and added garage cabinetry. As a busy family with three children involved in travel sports, our home has been filled with activity, celebrations, and wonderful memories. While showings may reflect an active household, the home has been meticulously maintained and thoughtfully updated throughout the years. We invite you to imagine the possibilities and memories waiting to be made in this exceptional home.

New

  • Price
  • $ 419,900
  • City
  • Lake Villa
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • LAKE
  • Half Bathrooms
  • 1
  • Area
  • Lake Villa - Lindenhurst
  • Lot Size
  • 0.26 Acres
  • Zip
  • 60046
  • Sqr Footage
  • 1,765
  • Year Built
  • 1998
  • Taxes
  • $ 9418
  • Style
  • Traditional
  • MLS#
  • 12764513
Listed By: RE/MAX Advisors
Data Source: Midwest Real Estate Data (MRED)

Features

General

Living Area 1765
Sewer Public Sewer
Heating Natural Gas,Forced Air
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer,Disposal,Stainless Steel Appliance(s),Humidifier
HOA Fee 330
Garage Spaces 2
Association Fee Includes None
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1998
Electric Circuit Breakers
Township Lake Villa
Tax Year 2025
Ownership Fee Simple w/ HO Assn.
Community Features Curbs,Sidewalks,Street Lights,Street Paved
Assoc Fee Paid Per Annually
County Lake
New Construction No
Property Type Residential
Subdivision Name Painted Lakes
Other Structures Shed(s)
Total Rooms 8
Full Baths 2
Status New
Directions 132 & Deep Lake Rd,North 2 Painted Lakes,West 2 Sun Lake,E2 Rainey
High School Lakes Community High School
City Lake Villa
High School District 117
MLS Area Lake Villa / Lindenhurst
Elementary School Hillcrest Elementary School
Tax Annual Amount 9418
Middle/Junior High School Antioch Upper Grade School
Additional Parcels Y/N No
Standard Status Active
Middle/Junior School District 34
Elementary School District 34
Property Type Detached Single

Interior Features

Interior Amenities Cathedral Ceiling(s)
Basement Finished,Full
Flooring Hardwood
Half Baths 1
Laundry Features Main Level,In Unit,Sink
Total Bedrooms 3
Below Grade Finished Area 600
Room Type Office
LivingAreaSource Assessor
Total Baths 3
Bedrooms Possible 3
Bathroom Whirlpool,Separate Shower

Exterior Features

Parking Features Asphalt,Garage Door Opener,Yes,Garage Owned,Attached,Garage
Lot Features Corner Lot,Cul-De-Sac,Landscaped
Water Source Public,Shared Well
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 112X115X95X101
Lot Size Acres 0.26
Waterfront Y/N No
Other Equipment Water-Softener Owned,Sump Pump

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Chicago, IL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Hillcrest Elementary School
Middle School Antioch Upper Grade School Middle School
High School Lakes Community High School

Price History

9/19/2026 Listed $419,900

Property vs Zip Code Average in 60046

Price
AVG $460K
$420K
Taxes
AVG $9,008
$9,418
Year Built
AVG 1984
1998
Visits
AVG 72
13
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

1016 Rainy Lake Court Lake Villa, IL is a Single Family Home for sale at $419900 with 1765 sqft and a lot size of 0.26 Acres Acre(s). 1016 Rainy Lake Court Lake Villa has 3 bedrooms, 2 baths and was built in 1998. The property's zip code is 60046 which is in Lake Villa, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Your Agent
Lisa Richards

Lisa Richards

773-681-0711

Find your home's value