Back 1431 Derby Lane
Off Market

1431 Derby Lane

Mundelein IL 60060

2
3
4
1566 sq. ft.
Townhouse
Last sold for $385,000
Jamie StonerJamie Stoner, last sold this property on 15 June 2026 after 81 days on market.

Overview

Stunning updated duplex townhome located in the highly coveted Lakewood Village! No association fees! Completely rehabbed in 2024, this beautifully updated home offers a modern, move-in-ready design with thoughtful finishes throughout. The open and functional layout features brand new engineered hardwood floors, a stunning kitchen with quartz countertops, abundant cabinet space, new appliances, and spacious living and dining areas perfect for everyday living and entertaining. The second level includes a bright open loft overlooking the main living area currently used as a second living area or office, but easily convertible to a 3rd bedroom. Generous bedroom sizes include a primary suite with a walk-in shower, a second full bath with a soaking tub, and an additional powder room on the main level. Enjoy outdoor living with a fully enclosed yard and patio, along with the convenience of a 2-car garage and driveway parking. Major mechanical updates include furnace, A/C, and water heater (2021), roof (2024), and appliances (2022-2023). Investor friendly with no rental restrictions. Located in the highly rated Hawthorn District 73 (K-8) schools, with an unbeatable location close to parks, shopping, dining, and just 4 minutes to the Metra for an easy commute. A truly special home you won't want to miss!

Features

2 bedrooms
3 bathrooms
4 carspaces
2 garage spaces
1566 sq. ft. floor area
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Mundelein over the last 12 months, the estimated median property value of 1431 Derby Lane is $386.5k.

Median value
$386.5k
Estimated value range
$260k - $419.99k
Median days on market
24
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mundelein. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1431 Derby Lane

2026
Sold
$385,000
15 Jun 2026 by Jamie Stoner, of Compass
2021
Sold
$262,500
03 May 2021 by Donata Ostapyshyn, of RE/MAX Suburban

Happy sellers in Mundelein

95%
95% of sellers in Mundelein reported that their sale price either exceeded or met their price expectations.

Mundelein stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Mundelein over the last 12 months.

Local market activity for 2 bedroom townhouses in Mundelein

In the last 12 months, 25 two-bedroom townhouses similar to 1431 Derby Lane, have been sold.

This represents a 46% increase in two-bedroom townhouses sales when compared to the previous 12 months.

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