116 East Monaville Road, Lake Villa, IL, 60046
$550,000
6
Beds
3
Baths
4,754
Square feet
About 116 East Monaville Road
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.
Additional Information: This property is located in the Lake Villa / Lindenhurst neighborhood, IL. This 6 bedrooms detached single property is priced at $116/sqft.
Facts & Features
| MLS® # | 12492112 |
|---|---|
| Price | $550,000 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 4,754 |
| Price per Square Footage | $115.69 |
| Taxes | $5,415 |
| HOA Fees Freq. | Not Applicable |
| Acres | 0.00 |
| Year Built | 1917 |
| Type | Residential |
| Sub-Type | Detached Single |
| Style | Farmhouse |
| Status | Active |
Community Information
| Address | 116 East Monaville Road |
|---|---|
| Area | Lake Villa / Lindenhurst |
| City | Lake Villa |
| County | Lake |
| State | IL |
| Zip Code | 60046 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Garage Door Opener, On Site, Garage Owned, Detached, Garage |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Range, Refrigerator, Washer, Dryer |
|---|---|
| Heating | Natural Gas, Forced Air, Steam, Baseboard |
| Cooling | None |
| Fireplace | No |
| Stories | 2 Stories |
| Has Basement | Yes |
| Basement | Unfinished, Full |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Lot Description | Mature Trees |
| Roof | Asphalt |
School Information
| District | 127 |
|---|---|
| Elementary | William L Thompson School |
| Middle | Peter J Palombi School |
| High | Grayslake Central High School |
Additional Information
| Days on Market | 16 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Taxes | $5,415 |
Listing Details
| Office | Keller Williams North Shore West |
|---|---|
| Contact Info | 847-383-6600 |