
525 N Lake Street, Grayslake, IL 60030
Lake County
Key Facts
Description
Handy Man Special!!!! This diamond in the rough will be a gem after you update this "AS IS" home! Extensive rehabbing needed from the exterior siding, removal of old deck, older bathroom, paint and attention needed throughout interior of home. After restoring home, it will be among homes in a more profitable price bracket. On the positive, this home has a generous 2 1/2 car garage that is in great shape. The kitchen also features stainless appliances and most of the flooring is decent. Washer & dryer will stay. The ranch features an addition, so the sq footage is around 1425....a huge family room with separate heat. It has central air (front of home and bedrooms) and window ac. New electric box added in 2025. The home features 3 bedrooms, 1 bath and no bsmt...on a slab. Outside, on south side of home, the owner made a black curb system to divert water away from home if there is heavy rain. It has an extra-long driveway for extra parking. The home has a great location....walk to downtown, park and the high school. If you have vision of what this vintage house could be, then this house is for you! Conventional and cash buyers only. Will be sold "AS IS." 2012-furnace and hot water heater. Cen air approx between 2010-2014.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Ranch
Year Built
1955
Living Area
1,425 sq ft
Lot Size
0.25 acres
Lot Dimensions
60x184
Garage Spaces
2
Parking Spaces
2
Ownership
Fee Simple
Days on Market
2
MLS® Listing#
12695777
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Patio
Construction
Roof
Community
Sewer
Water Source
Rooms
- Bedroom 212X11Main
- Bedroom 312X9Main
- Bedroom 4
- Dining Room
- Family Room20X20Main
- Kitchen18X15Main
- Laundry4X6Main
- Living Room17X12Main
- Master Bedroom12X12Main
Schools
- High:
- Grayslake Central High School
- District:
- Grayslake Central High School
Financial Details
Annual Taxes
$7,723
Tax year 2025
Parcel Number
06261170040000
Directions
83 & Washington W2 Lake St, S2 Home on left
Affordability Calculator
$49,980
Estimated monthly payment
$1,330/mo
Principal $199,920 · Est. interest $278,906 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Grayslake, IL
- $366,667
- Median Listing Price
- 25
- Median Days on Market
- 1,894
- Median Sq Ft
- $185
- Median Price / Sq Ft
- 55
- Active Listings
- This home’s price is 32% below the area median.
- Its price per sq ft is 5% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Grayslake, IL.
Location
Points of Interest in Grayslake, IL
Showing the Grayslake area map.
Nearby Schools
Grayslake Community High School
Secondary · 0.2 mi away
Grayslake Community School District 127
Secondary · 0.3 mi away
Grayslake Middle School
Secondary · 0.4 mi away
Grayslake School District
School · 0.5 mi away
Frederick School
Secondary · 0.6 mi away
Woodview School
Elementary · 0.6 mi away
Westlake Christian Academy
School · 0.9 mi away
Meadowview School
Elementary · 1.0 mi away
St Gilbert Elementary School
Elementary · 1.1 mi away
Prairieview School
Elementary · 1.3 mi away
Tech Campus
Secondary · 1.4 mi away
Grayslake North High School
Secondary · 1.7 mi away
Avon Center School
Elementary · 1.9 mi away
WJ Murphy Elementary School
Elementary · 2.1 mi away
Goddard School
School · 2.4 mi away
Prairie Crossing Charter School
Elementary · 2.4 mi away
St Joseph School
School · 2.6 mi away
Beach Elementary School
Elementary · 2.6 mi away
Magee Middle School
Secondary · 2.6 mi away
Round Lake High School
Secondary · 2.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 537 Pheasant Court, Grayslake, IL | $183,500 | 2 | 2 | 1,037 |
| 3819 Fox Hunt Way, Grayslake, IL | $185,000 | 2 | 2 | 1,696 |
| 3420 Steeplechase Way, Grayslake, IL | $192,900 | 2 | 2 | 1,696 |
| 335 Belmont Court, Grayslake, IL | $199,999 | 3 | 2 | 1,834 |
| 1810 Paddock Court, Grayslake, IL | $229,000 | 2 | 2 | 1,680 |
| 3407 Stretch Run Road, Grayslake, IL | $229,900 | 2 | 2 | 1,664 |
Moving Cost Estimate
EXIT Agents in Grayslake
Listing Courtesy: Baird & Warner - 8473671855
Last Updated: 2026-07-16

















