338 S Lake Street Grayslake IL 60030 MLS #MRD12588538

MLS #MRD12588538 image #0
This charming 2 BD 2 BA Spanish-Style home built in 1928 sits on two 50×132 lots. Short walking distance to the train station (.2 mi), downtown Grayslake (.5 mi), and Grayslake Central Highschool (.9 mi). This home is perfect for first time home buyers, city workers looking to move to the burbs and want an easy train commute, empty nesters looking to downsize and stay in Grayslake with lower property taxes, or investors who want to develop the 2nd lot. Extra lot is zoned residential. Detached 3 car garage for the cars and toys and a separate shed for your lawn equipment. The horseshoe driveway wraps around the house creating 2 driveways for all your parking needs. Inside features real hardwood floors, original sconces, wood burning fireplace (not operational), stainless steel appliances, and built in storage. Full unfinished basement with 2nd full bathroom. LG front load washer and Dryer included. Home is heated by radiant heat and has central AC. Some updates include: New Garage roof 2026, Hot Water Heater 2025, Fence 2023, Garage Siding 2022, Driveway seal coated in 2025, Drain Tile System installed in basement 2021, GE Stainless Oven and Dishwasher (2021), Radon Mitigation System (2020). LOW PROPERTY TAXES for Grayslake!! House is being sold AS IS awaiting your personal touch!

Property Details

Price:
$349,900
MLS #:
MRD12588538
Status:
Active Under Contract
Beds:
2
Baths:
2
Type:
Single Family
Neighborhood:
gageslakegrayslakehainesvillethirdlake
Listed Date:
Mar 23, 2026
Finished Sq Ft:
1,100
Year Built:
1928
Gages Lake / Grayslake / Hainesville / Third LakeGageslakegrayslakehainesvillethirdlake

Schools

School District:
127

Interior

Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Fireplaces Total
1
Heating
Natural Gas, Steam

Exterior

Construction Materials
Stucco
Fencing
Fenced
Garage Spaces
3
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
3
Parking Total
3

Financial

HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2024
Taxes
$7,948

Listing Agent & Office

Robert Linke
Village Realty

See this Listing

Send
  

Mortgage Calculator

 

Map

Similar Listings Nearby

broker reciprocity
MLS# MRD12606715broker reciprocity
1172 Hummingbird Lane
Grayslake, IL

$450,000

1.4 miles away

broker reciprocity
MLS# MRD12616308broker reciprocity
18392 Springwood Drive
Grayslake, IL

$450,000

3.2 miles away

broker reciprocity
MLS# MRD12617776broker reciprocity
1315 Lily Court
Grayslake, IL

$450,000

2.1 miles away

broker reciprocity
MLS# MRD12589513broker reciprocity
3206 Martini Street
Mundelein, IL

$450,000

3.5 miles away

broker reciprocity
MLS# MRD12587098broker reciprocity
18224 W Old Pine Court
Gurnee, IL

$449,900

3.3 miles away

broker reciprocity
MLS# MRD12615096broker reciprocity
87 S Savannah Parkway
Round Lake, IL

$449,900

4.4 miles away

broker reciprocity
MLS# MRD12595619broker reciprocity
460 Arlington Lane
Grayslake, IL

$449,000

2.3 miles away

broker reciprocity
MLS# MRD12584960broker reciprocity
21570 W Eldor Avenue
Grayslake, IL

$448,000

1.6 miles away

broker reciprocity
MLS# MRD12584309broker reciprocity
657 Lomond Drive
Mundelein, IL

$443,500

4.4 miles away

broker reciprocity
MLS# MRD12594288broker reciprocity
578 N Overlook Trail
Round Lake, IL

$439,900

4.6 miles away

338 S Lake Street
Grayslake, IL