Lake, US
Unique mixed-use opportunity in the heart of Lake Villa! This nearly 5-acre property features two homes and a detached 3-car garage (with 2-car overhead door). The main farmhouse has been thoughtfully converted into a 2-unit residence, offering a total of 5 bedrooms, 3 full baths, 2 kitchens, 3 living rooms, a sunroom, walk-in closet, storage room, and full basement. The original staircase remains, allowing for an easy conversion back to a single-family layout if desired. The second home is a charming ranch featuring 1 bedroom, 1 full bath, kitchen with eating area, and a small office space. In 2nd Home, some windows were replaced approximately 15 years ago, Roof replaced approximately 15 years ago, and Hot Water Heater is 7-8 years old. Some acreage is currently being farmed for hay, providing a serene rural setting while still close to town conveniences. Special financing may be required due to the mixed-use setup. Do not walk the property without an appointment-homes are occupied. See floor plans for detailed layouts of both residences.
Courtesy Of: Keller Williams North Shore West
Feature Highlights
- Built Before 1978
General Features
- List Date:
- 10/13/2025
Public Schools
- Elementary School:
- William L Thompson S
- High School:
- Grayslake North High
Interior Features
- Living Area Source:
- Assessor
- Bedrooms Possible:
- 6
- Bathrooms Full:
- 3
- Rooms Total:
- 14
Exterior Features and Amenities
- Lot Size Dimensions:
- 410x531x411x466
- Parking Total:
- 2
Financial
- Days On Market:
- 35
- Tax Annual Amount:
- $5,415.00
- Tax Year:
- 2024
Other Features
- Elementary School District:
- 41
- High School District:
- 127
- Middle Or Junior School District:
- 41
- Age:
- 100+ Years
Directions
Route 83 to Monaville to signs or Cedar Lake Rd to Monaville to signs Property is NOT vacant do not walk without appointment.
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Data last updated: 2026-01-27.
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