Homes for sale - 116 E Monaville Road, Lake Villa, IL 60046

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Serene Realty, Inc

info@serenerealtyinc.com +1(312) 650-7940

Listed by Nikki Nielsenof Keller Williams North Shore West

$ 550,000

Est. payment | -/mo

6 Beds

3 Baths

4,754 SqFt

Save

$ 550,000

Est. payment | -/mo

Save

6 Beds

3 Baths

4,754 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 4,754 sqft

Price per Sqft $115

MLS Listing ID 12492112

Style Farmhouse

Bedrooms 6

Full Baths 3

Year Built 1917

Annual Tax Amount $5,415

Tax Year 2024

Lot Dimensions 410x531x411x466

Property Sub-Type Detached Single

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.

Location

State IL

County Lake

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas, Forced Air, Steam, Baseboard

Cooling None

Fireplace N

Appliance Range, Refrigerator, Washer, Dryer

Exterior

Garage Spaces 2.0

View Y/N true

Roof Type Asphalt

Building

Lot Description Mature Trees

Story 2 Stories

Sewer Septic Tank

Water Well

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools William L Thompson School

Middle Schools Peter J Palombi School

High Schools Grayslake Central High School

School District 41, 41, 127

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 650-7940

info@serenerealtyinc.com

2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States

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116 E Monaville Road Lake Villa, IL 60046