525 N Lake Street Grayslake, IL $ 249,900
525 N Lake Street
$ 249,900
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525 N Lake Street

Grayslake, IL, 60030
$ 249,900
Bedrooms3 Baths1.0 Sq 1,425

Monthly Estimate*

$ 1,578

525 N Lake Street, Grayslake, IL 60030 - Image 1
525 N Lake Street, Grayslake, IL 60030 - Image 2

Single Family Home for sale in Grayslake, IL

for $249,900 with 3 bedrooms and 1 full bath. This 1,425 square foot home was built in 1955 on a lot size of 0.25.

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.

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Single Family Active

Price

$ 249,900

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 7,723

Style

Ranch

Lot Size

0.25

Year Built

1955

Town/City

Grayslake

County/Region

Lake

MLS | Web ID

12695777

Features
General
Living Area 1425
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air Wall Unit(s)
Possession Closing
Roof Asphalt
Appliances Range Microwave Dishwasher Refrigerator Washer Dryer Stainless Steel Appliance(s)
Garage Spaces 2
Association Fee Includes None
Architectural Style Ranch
Construction Materials Frame Other
Year Built 1955
Township Avon
Tax Year 2025
Ownership Fee Simple
Community Features Curbs Sidewalks Street Lights Street Paved
Assoc Fee Paid Per Not Applicable
County Lake
New Construction N
Property Type Residential Detached Single
Total Rooms 6
Full Baths 1
Status New
Directions 83 & Washington W2 Lake St S2 Home on left
High School Grayslake Central High School
City Grayslake
High School District 127
MLS Area Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
Tax Annual Amount 7723.4
Standard Status Active
Middle/Junior School District 46
Elementary School District 46
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Interior
Basement None
Flooring Hardwood Laminate
Half Baths 0
Laundry Features In Unit
Total Bedrooms 3
Room Type No additional rooms
Total Baths 1
Bedrooms Possible 3
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Exterior
Parking Features No Garage Yes Garage Owned Detached Garage
Lot Features Mature Trees
Water Source Public
Total Parking 2
Lot Dimensions 60x184
Lot Size Acres 0.25
Waterfront Y/N N
Other Equipment Ceiling Fan(s)
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* Excluded Features
List By
Baird & Warner

Broker

anne.hazen@bairdwarner.com

Email

Affordability Calculator

$2,221
Per Month
71%
29%
0%
Monthly Principal & Interest
$1,578
Monthly Property Taxes
$644
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Grayslake Central High School High School
Pricing History
DatePricePrice ChangeDescription
7/16/2026$249,900 Listed Price

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525 N Lake Street, Grayslake, IL, 60030 is a Single Family Home for sale at $249,900 with 1,425 sqft and a lot size of 0.25. 525 N Lake Street has 3 bedrooms, 1.0 baths, and was built in 1955. The property's zip code is 60030 which is in Grayslake, IL