116 E Monaville Road Active

Lake Villa,IL 60046

$ 525000

6 Beds

3 Baths

4754 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 $110

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 Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools William L Thompson School

Middle Schools Peter J Palombi School

High Schools Grayslake North High School

School District 41,41,127

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

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