Endless possibilities await with this unique 5-acre property! The main house offers 4 bedrooms and 2 baths, providing ample living space. A second building features three separate apartments, each with 1 bedroom, 1 bath, a kitchen, and a living room-perfect for rental income or multi-generational living. The main house is currently rented on a month-to-month basis, and a billboard on the property provides additional income. A separate outbuilding offers additional rental income this is included in the gross income. Attached 1 car garage in the 3 unit building is currently rented included in the gross income. Property is being sold As-Is-don't miss out on this incredible investment opportunity!
Closed
$532,400
21279 W Shorewood Rd, Grayslake, IL 60030
7beds
--sqft
Multi Family
Built in 1900
-- sqft lot
$595,400 Zestimate®
$--/sqft
$1,940 Estimated rent
Home value
$595,400
$506,000 - $685,000
$1,940/mo
Zestimate® history
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List your homeWhat's special
Multi-generational livingExcellent visibilityAmple living spaceSeparate apartments
Zillow last checked:
Listing updated:
Listing courtesy of:
Nikki Nielsen 847-652-3786,
Keller Williams North Shore West
Bought with:
Nadiia Opanasiuk
EMIREI Real Estate Agency
Source: MRED as distributed by MLS GRID,MLS#: 12309841
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas, Forced Air, Steam
Features
- Windows: Screens
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 8
- Parking features: Garage, On Site, Garage Owned, Attached, Detached, Driveway, Additional Parking, Owned
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Patio & porch: Screened
Lot
- Size: 5.33 Acres
- Dimensions: 588X300X403X153X237X28
- Features: Corner Lot, Irregular Lot, Wooded
Details
- Additional structures: Second Residence, Shed(s)
- Parcel number: 06222000030000
- Zoning: OTHER
- Special conditions: None
- Other equipment: Ceiling Fan(s), Sump Pump
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Other
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Grayslake
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2025 | Sold | $532,400-2.5% |
Source:  MRED as distributed by MLS GRID #12309841 Report a problem | ||
| 3/31/2025 | Contingent | $545,900 |
Source: MRED as distributed by MLS GRID #12309841 Report a problem | ||
| 3/12/2025 | Listed for sale | $545,900+99.6% |
Source: MRED as distributed by MLS GRID #12309841 Report a problem | ||
| 8/8/2014 | Sold | $273,500 |
Source: MRED as distributed by MLS GRID #08472619 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $13,688 -12.2% | $126,879 +9% |
| 2022 | $15,588 +1% | $116,423 -10.5% |
| 2021 | $15,439 +17.6% | $130,025 +29.1% |
| 2020 | $13,131 +3.4% | $100,727 +4.3% |
| 2019 | $12,694 +10.4% | $96,575 +9.6% |
| 2018 | $11,503 | $88,120 +6.4% |
| 2017 | $11,503 +5.4% | $82,856 +8.4% |
| 2016 | $10,915 -1.6% | $76,440 +9.5% |
| 2015 | $11,097 +3.4% | $69,821 +1.6% |
| 2014 | $10,736 +2.6% | $68,728 -4.1% |
| 2012 | $10,462 -1% | $71,702 -21.9% |
| 2011 | $10,567 +13.6% | $91,793 +4.3% |
| 2010 | $9,302 +4.9% | $88,013 -5% |
| 2009 | $8,864 -3.2% | $92,624 -6.7% |
| 2008 | $9,160 -5.6% | $99,294 -4% |
| 2006 | $9,698 -12.3% | $103,460 |
| 2005 | $11,060 +4.1% | -- |
| 2004 | $10,622 +2.4% | -- |
| 2003 | $10,378 +61.5% | -- |
| 2002 | $6,426 | -- |
Find assessor info on the county website
Neighborhood: 60030
Nearby schools
GreatSchools rating
- 6/10Avon Center Elementary SchoolGrades: K-4Distance: 0.7 mi
- 5/10Grayslake Middle SchoolGrades: 7-8Distance: 1.6 mi
- 8/10Grayslake North High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Avon Center School
- Middle: Grayslake Middle School
- High: Grayslake North High School
- District: 46
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$595,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$595,400
- Illinois
- Lake County
- Grayslake
- 60030
- 21279 W Shorewood Rd
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