IL > Grayslake
Grayslake, IL 60030,11 S Lake ST
Grayslake, IL 60030,11 S Lake ST
Grayslake, IL 60030,11 S Lake ST
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Doug Anderson

Doug Anderson

+1(847) 687-3424
$750,000
Est. payment /mo
4 Beds
2 Baths
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12465928

Style Other

Bedrooms 4

Year Built 1910

Annual Tax Amount $13,039

Tax Year 2024

Lot Dimensions 75 X 150

Property Sub-Type Two to Four Units

Property Description

Investment Opportunity in the Heart of Downtown Grayslake! Don't miss this rare 2-unit property in highly desirable downtown Grayslake-steps from dining, shopping, community events, and nightlife! Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this property offers unmatched versatility. The main floor has been tastefully remodeled and features 1 spacious bedroom, a full bathroom with a shower, and convenient in-unit laundry. Perfect for a long-term tenant, an Airbnb option, or owner-occupancy. The second-floor unit is currently operating as a highly successful Airbnb. It offers a flexible floor plan with a kitchenette and a remodeled bathroom, giving guests a comfortable and modern experience. Property highlights include: New roof on the back of the house; main roof in great shape Updated HVAC system Separate gas and electric meters (can be converted to 2 gas meters) Newer electrical service and updated plumbing to the sidewalk Detached 1-car garage Basement with mechanicals and storage Fenced-in backyard with a brick paver patio-perfect for entertaining Enjoy front-row seats to parades, festivals, and all that downtown Grayslake has to offer. This is a truly unique opportunity to own a prime piece of real estate in a vibrant community. ****CLICK VIRTUAL TOUR TO VIEW THE AIR BNB****

Location

State IL

County Lake

Area Gages Lake / Grayslake / Hainesville / Third Lake

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas, Forced Air

Equipment CO Detectors, Ceiling Fan(s), Sump Pump

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Park, Pool, Lake, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Lot Description Corner Lot

Dwelling Type Two to Four Units

Building Description Cedar, No

Sewer Public Sewer

Water Public

Structure Type Cedar

New Construction false

Schools

School District 46 , 46, 127

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

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Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Barbara Noote of  Compass 

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Doug Anderson

Doug Anderson

Designated Managing Broker

+1(847) 687-3424

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11 S Lake ST