$550,000

116 E Monaville Road, Lake Villa, IL 60046

  • 6 beds |
  • 3 baths |
  • 4,754 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1917
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $116/sqft
  • Property List Date Icon Listed 27 days ago

Property Description

Unique mixed-use opportunity in the heart of Lake Villa! This nearly 5-acre property features two homes and a detached 3-car garage (with 2-car overhead door). The main farmhouse has been thoughtfully converted into a 2-unit residence, offering a total of 5 bedrooms, 3 full baths, 2 kitchens, 3 living rooms, a sunroom, walk-in closet, storage room, and full basement. The original staircase remains, allowing for an easy conversion back to a single-family layout if desired. The second home is a charming ranch featuring 1 bedroom, 1 full bath, kitchen with eating area, and a small office space. In 2nd Home, some windows were replaced approximately 15 years ago, Roof replaced approximately 15 years ago, and Hot Water Heater is 7-8 years old. Some acreage is currently being farmed for hay, providing a serene rural setting while still close to town conveniences. Special financing may be required due to the mixed-use setup. Do not walk the property without an appointment-homes are occupied. See floor plans for detailed layouts of both residences.

Listing Status:
Active
Listing Office:
Keller Williams North Shore West : 847-652-3786
Listing Agent:
Nikki Nielsen : 847-652-3786
MLS ID:
12492112
  • Rooms: KitchenBedroom 5Bedroom 6Eating AreaEnclosed PorchGreat RoomRecreation RoomStorageWalk In Closet
  • Appliances: RangeRefrigeratorWasherDryer
  • Basement: UnfinishedFull
  • A/C: None
  • Heating: Natural GasForced AirSteamBaseboard
  • Disability Feature: None
  • Style: Farmhouse
  • Other Structures: Guest House
  • Parking: Garage Door OpenerYesGarage OwnedDetachedGarageParking spaces: 2
  • Roofing: Asphalt
  • General: 2 Stories
  • HOA Amenities: 0.0Not Applicable
  • Originating MLS: mred
  • School District: 41
  • County: Lake
  • Zoning: 06091000160000
  • Water: Public
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Nikki Nielsen, Keller Williams North Shore West

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

G

Grayslake North High School

1925 N Il Route 83, Grayslake, IL, 60030

Grades 9-12

2.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

1094 Vista Drive, Gurnee, IL 60031
Single-Family Home For Sale

$549,000

  • 5 bed |
  • 4 bath |
  • 3,907 sqft |
  • 0.28 acre lot
1094 Vista Drive Gurnee, IL 60031

#12443107 - Waclaw Smolen