36461 N US Highway 45
Lake Villa, IL, 60046 $ 649,900
Bedrooms3 Baths2.0 Sq 2,458 Monthly Estimate*
$ 4,104
for $649,900 with 3 bedrooms and 2 full baths. This 2,458 square foot home was built in 1971 on a lot size of 2.44.
Rare 2.5-Acre Opportunity in Unincorporated Warren Township! 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 on the corner at 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 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.
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FeaturesGeneralLiving Area 2458
Sewer Septic Tank
Heating Steam Baseboard Radiant
Cooling Window Unit(s)
Possession Closing
Appliances Range Dishwasher Refrigerator Washer Dryer
Garage Spaces 2
Association Fee Includes None
Construction Materials Brick
Year Built 1971
Township Warren
Tax Year 2025
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Lake
New Construction N
Property Type Residential Detached Single
Other Structures Second Garage
Total Rooms 7
Full Baths 2
Status Active
Directions NE corner of US HWY 45 and Highfield Dr West
High School Warren Township High School
City Lake Villa
High School District 121
MLS Area Lake Villa / Lindenhurst
Elementary School Woodland Elementary School
Tax Annual Amount 7888.58
Standard Status Active
Middle/Junior School District 50
Elementary School District 50
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InteriorBasement Unfinished Partial
Flooring Hardwood
Total Fireplaces 1
Fireplace Features Wood Burning
Half Baths 0
Total Bedrooms 3
Room Type Foyer
Total Baths 2
Bedrooms Possible 3
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ExteriorParking Features Yes Garage Owned Attached Garage
Water Source Public
Total Parking 2
Lot Dimensions 130x834
Lot Size Acres 2.44
Waterfront Y/N N
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* Excluded FeaturesList By@Properties Christie's International Real EstateBroker
jmoser@atproperties.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,104
- Monthly Property Taxes
- $657
- 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.
Learn more about how to save NearbySingle family listings in Lake Villa, IL
Average List Price $426,956
Percent of Sale Price 34%
About Lake Villa, IL 8,659 Population
29% Since 2002
$ 81,346 Median Income
39.8 Median Age
37% Households with Children
Trends Information provided by ATTOM Data Solutions.
566532 Elementary School
566405 Middle School
Warren Township High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/24/2026 | $649,900 | | Listed Price |