$349,900

338 S Lake Street, Grayslake, IL 60030

2 beds |
2 baths |
1,100 sqft

Single-Family Home
Built in 1928
—— sqft lot
3 car garage
$318/sqft
Listed 11 days ago

Property Description

This charming 2 BD 2 BA Spanish-Style home built in 1928 sits on two 50x132 lots. Short walking distance to the train station (.2 mi), downtown Grayslake (.5 mi), and Grayslake Central Highschool (.9 mi). This home is perfect for first time home buyers, city workers looking to move to the burbs and want an easy train commute, empty nesters looking to downsize and stay in Grayslake with lower property taxes, or investors who want to develop the 2nd lot. Extra lot is zoned residential. Detached 3 car garage for the cars and toys and a separate shed for your lawn equipment. The horseshoe driveway wraps around the house creating 2 driveways for all your parking needs. Inside features real hardwood floors, original sconces, wood burning fireplace (not operational), stainless steel appliances, and built in storage. Full unfinished basement with 2nd full bathroom. LG front load washer and Dryer included. Home is heated by radiant heat and has central AC. Some updates include: New Garage roof 2026, Hot Water Heater 2025, Fence 2023, Garage Siding 2022, Driveway seal coated in 2025, Drain Tile System installed in basement 2021, GE Stainless Oven and Dishwasher (2021), Radon Mitigation System (2020). LOW PROPERTY TAXES for Grayslake!! House is being sold AS IS awaiting your personal touch!

Listing Status:: Active
Data Last Updated:: April 3, 2026 at 7:18AM
Listing Office:: Village Realty : 847-344-9783
Listing Agent:: Robert Linke : 847-344-9783
MLS ID:: 12588538

Rooms: No additional rooms
Appliances: RangeDishwasherRefrigeratorWasherDryer
Basement: UnfinishedFull
A/C: Central Air
Heating: Natural GasSteam
Fireplace: Fireplaces: 1
Disability Feature: None

Parking: YesGarage OwnedDetachedGarageParking spaces: 3

General: 1 Story

HOA Amenities: Not Applicable
Originating MLS: mred
School District: 46
County: Lake

Zoning: 06342100210000
Fencing: Fenced

Water: Public
Sewer: Public Sewer

Source: mred
Ownership: Fee Simple

This listing courtesy of Robert Linke , Village Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Grayslake Central High School

400 N Lake St, Grayslake, IL, 60030

Grades 9-12

0.87 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.