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545 Andrew Ln, Lake Zurich, IL, 60047

5beds
3baths
2,254sqft
$499,000
$221price/sqft
$3,795/moest. monthly cost
$151,800/yrincome needed

About This Home

"12 Month Home Warrenty Offered At Closing" Stunning Open-Concept Transformation in Lake Zurich Discover the perfect blend of modern elegance and functional design in this beautifully renovated 5-bedroom, 2.5-bathroom home. Located at 545 Andrew Lane, this residence has been thoughtfully updated to meet the demands of contemporary living. Main Level Excellence The heart of the home features a complete open-concept transformation, seamlessly integrating the kitchen, living, and dining areas. The space is tied together with gleaming hardwood floors that run throughout the entire main level. The chef-inspired kitchen is a true centerpiece, boasting: High-end custom cabinetry providing ample storage. Elegant quartz countertops on both the perimeter and the expansive center island. Premium finishes that make the space ideal for both daily meals and large-scale entertaining. Indoor-Outdoor Flow Just off the dining area, a sliding glass door leads to a large private deck. This elevated outdoor space overlooks the backyard, offering the perfect spot for summer transitions from indoor cooking to outdoor relaxation. Versatile Living Space The lower level expands your living options with a massive 31' x 14' family room, providing enough square footage for a home theater, play area, or gym. This level also features a convenient walk-out 2-car garage, ensuring easy access and additional storage. Property Highlights: 5 Spacious Bedrooms | 2.5 Modern Bathrooms Total Renovation: Open-concept main floor. Premium Materials: Quartz, hardwood, and high-end cabinetry. Basement: Walk-out access with a sprawling family room. Location: Situated in the highly sought-after Lake Zurich community. Home Warrenty: Seller offering a 12 month home warrenty to buyer at closing Experience a home where every detail has been refined for style and comfort. Schedule your private showing today!

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

9/10
9/10
8/10
Lake Zurich High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1971

Materials

  • Roof: Shingle
  • Construction materials: Brick/Stone,Vinyl

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Refrigerator,Stove/Cooktop,Water Softener,Gas Water Heater
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Basement Entrance,Full,Finished

Bedroom2

  • Level: Main
  • Area: 130

Bedroom3

  • Level: Main
  • Area: 120

Bedroom4

  • Level: Main
  • Area: 120

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 4

Dining Room

  • Level: Main
  • Area: 90

Family Room

  • Level: Lower
  • Area: 434

Features

  • L.L. Finished Space,Granite Counters
  • Number of fireplaces: 1
  • Fireplace features: Gas,Fire-Pit/Fireplace
  • Fireplace: Yes
  • Finished area below ground: 798
  • Finished area above ground: 1,456

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,254
  • Total interior livable area: 2,254 sqft

Kitchen

  • Level: Main
  • Area: 165

Living Room

  • Level: Main
  • Area: 294

Master Bedroom

  • Level: Main
  • Area: 204

Property

Details

  • Parcel number: 1421106014

Features

  • Patio & porch: Deck

Lot

  • Lot size: 10,018 sqft
  • Features: City/Town,Subdivided

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Tornado
Inland Flooding
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,523$30,276
Home Insurance *$160$1,920
Property Taxes $939$11,268
Electricity $173$2,080
Total$3,795$45,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$130,114/yr
40% on housing$113,850/yr
45% on housing$101,200/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.8%
12.8%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$221This listing

vs Other Active Listings

Avg $/sqft

ZIP 60047$269
Lake County$238

vs Homes Sold Last Month

Median $/sqft

ZIP 60047$238
Lake County$214

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-14Price change$494,999
2026-08-03Price change$499,000
2026-07-27Price change$509,900
2026-07-10Price change$529,000
2026-06-23Price change$545,000
2026-06-04Price change$550,000
2026-05-22Listed for sale$525,000
2026-05-20Contingent$525,000
2026-04-23Pending sale$525,000
2026-04-16Listed for sale$525,000
2026-04-14Pending sale$525,000
2026-04-09Listed for sale$525,000
2021-10-08Listing removed--
2021-07-04Listed for sale$389,000
1996-07-25Sold$182,000

For Sale by Agent

AgentJesse Linczmaier
BrokerageRe/Max Professional Advantage

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