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338 S Lake Street Grayslake, IL $ 349,900
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338 S Lake Street
$ 349,900
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338 S Lake Street

Grayslake, IL, 60030
$ 349,900
Bedrooms2 Baths2.0 Sq 1,100

Monthly Estimate*

$ 2,154

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Single Family Home for sale in Grayslake, IL

for $349,900 with 2 bedrooms and 2 full baths. This 1,100 square foot home was built in 1928.

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!

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Single Family Active

Price

$ 349,900

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 7,948

Style

Year Built

1928

Town/City

Grayslake

County/Region

Lake

MLS | Web ID

12588538
Features
General
Living Area 1100
Sewer Public Sewer
Heating Natural Gas Steam
Cooling Central Air
Possession Closing
Appliances Range Dishwasher Refrigerator Washer Dryer
Garage Spaces 3
Association Fee Includes None
Construction Materials Stucco
Year Built 1928
Township Avon
Tax Year 2024
Ownership Fee Simple
Additional Parcels Description 06342100210000
Assoc Fee Paid Per Not Applicable
County Lake
New Construction N
Property Type Residential Detached Single
Total Rooms 5
Full Baths 2
Status New
Directions Belvidere Rd. (Rte 120) to Lake St. south to home
City Grayslake
High School District 127
MLS Area Gages Lake / Grayslake / Hainesville / Third Lake
Tax Annual Amount 7948
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 46
Elementary School District 46
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Interior
Basement Unfinished Full
Total Fireplaces 1
Half Baths 0
Total Bedrooms 2
Room Type No additional rooms
Total Baths 2
Bedrooms Possible 2
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Public
Total Parking 3
Lot Dimensions 132x100
Waterfront Y/N N
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* Excluded Features
List By
Village Realty

Broker

bl925@comcast.net

Email

Affordability Calculator

$2,817
Per Month
76%
24%
0%
Monthly Principal & Interest
$2,154
Monthly Property Taxes
$662
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
567920 Elementary School
566881 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/23/2026$349,900 Listed Price

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338 S Lake Street, Grayslake, IL, 60030 is a Single Family Home for sale at $349,900 with 1,100 sqft. 338 S Lake Street has 2 bedrooms, 2.0 baths, and was built in 1928. The property's zip code is 60030 which is in Grayslake, IL

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