Contact us: 563.441.1776
Description
This charming 2 BD 2 BA Spanish-Style home built in 1928 sits on two 50x132 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 Highlights
Property Type: Residential - Single Family
Total Living Area SF: 1,100
Garage Size: 3
Built in 1928
School District: District 127
One Fireplace
General Information
Bedrooms: 2
Bathrooms: 2
Sqft: 1,100
County: Lake
Listed By:
Village Realty
847-356-7080
MRED MLS
MLS ID: 12588538
Room Information
Bedroom 2: 12X9
Dining Room: 14X12
Kitchen: 12X9
Living Room: 22X12
Primary Bedroom: 12X12
For Details, Contact
Get in Touch
For Details, Contact
Contact an agent to learn more about
338 S Lake Street, Grayslake, IL 60030.
Mortgage Calculator
Call or Click to get Pre-Approved!
563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $349,900 | $349,900 | $349,900 |
| Down Payment | $69,980 | $12,247 | $87,475 |
| Monthly Mortgage Amount | $1,701 | $2,060 | $2,162 |
| Taxes | $487 | $487 | $487 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $154 | $0 |
| Monthly Estimated Total | $2,290 | $2,803 | $2,751 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/27/2026. The listing information on this page last changed on 03/27/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 03/27/2026 12:09:18 AM EST) or MRED MLS (last updated Fri 03/27/2026 12:05:04 AM EST) or SCWMLS (last updated Thu 03/26/2026 11:55:01 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 03/26/2026 10:15:53 PM EST) or Cedar Rapids MLS (last updated Thu 03/26/2026 10:45:34 PM EST) or NEIRBR MLS (last updated Fri 03/27/2026 12:08:50 AM EST) or ICAAR MLS (last updated Thu 03/26/2026 11:37:40 PM EST) or ECIMLS (last updated Thu 03/26/2026 11:44:24 PM EST) or RMLSA (last updated Fri 03/27/2026 12:01:06 AM EST) or Muscatine MLS (last updated Fri 03/27/2026 12:00:31 AM EST) or No Coast MLS (last updated Fri 03/27/2026 12:04:30 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
![mls logo]()
Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --