36461 N US Highway 45, Lake Villa, IL 60046

• 3 beds |
• 2 baths |
• 2,458 sqft

Property Description

Rare 2.5-Acre Opportunity in Unincorporated Lake Villa! Nestled among beautiful, mature trees and surrounded by newer residential communities, this unique property offers endless possibilities. The solid, custom-built ranch offers approximately 2,500 square feet of living space and has been lovingly maintained, providing a wonderful opportunity to enjoy as-is or update to your personal style. Featuring 3 spacious bedrooms, 2 full baths, a large eat-in kitchen, separate dining/family room, an expansive living room with a beautiful stone fireplace, an unfinished basement with crawl space, and abundant closet and storage space, the home offers exceptional room sizes and quality construction. Built in 1971, it provides the perfect canvas for customization while retaining its solid craftsmanship. Whether you're dreaming of a private estate or outdoor oasis-with room for gardens, recreational activities, a workshop, storage building, RV, boat, or other recreational equipment-or you're an investor or builder exploring future redevelopment opportunities, this property deserves a closer look. Situated on approximately 2.5 wooded acres with city water, septic, and utilities already in place, the property offers significant value and convenience. Located at the corner of Route 45 and Highfield Drive West-the entrance to the desirable Shires of Cambridge subdivision-it combines privacy, accessibility, and outstanding long-term potential. Large parcels like this are becoming increasingly rare in the Lake Villa/Gurnee area, making this an exceptional opportunity for homeowners, hobbyists, contractors, or developers alike. Property is being sold as part of an estate. Any redevelopment or subdivision potential is subject to buyer due diligence and all applicable governmental approvals.

Listing Status:

Active

Data Last Updated:

July 24, 2026 at 9:18PM

Listing Office:

@properties Christie's International Real Estate : 773-472-0200

Listing Agent:

James Moser : 773-213-6287

MLS ID:

12714190

Interior

• Rooms: Foyer
• Appliances: RangeDishwasherRefrigeratorWasherDryer
• Dining: Kitchen/Dining Combo
• Basement: UnfinishedPartial
• Flooring: Hardwood
• A/C: Window Unit(s)
• Heating: SteamBaseboardRadiant
• Fireplace: Wood BurningFireplaces: 1
• Disability Feature: None

Exterior

• Other Structures: Second Garage
• Parking: YesGarage OwnedAttachedGarageParking spaces: 2

Construction

• General: 1 Story

Location

• HOA Amenities: Not Applicable
• Originating MLS: mred
• School District: 50
• County: Lake

Lot

• Zoning: 07073010020000

Utilities

• Water: Public
• Sewer: Septic Tank

Financial

• Source: mred
• Ownership: Fee Simple