Build your dream home with breathtaking views! This rare 50x149 ft vacant lot backs directly to Rollins Savannah Forest Preserve, offering a stunning natural backdrop and year-round privacy. Located in the charming Village of Third Lake, this lot is part of a desirable lakefront community featuring high-end homes with exclusive access to a boat launch on Third Lake-perfect for kayaking, fishing, or relaxing by the water. Enjoy the best of both worlds: peaceful, nature-filled surroundings and convenient access to shopping, dining, and major routes. Utilities nearby. Don't miss this incredible opportunity to create your own retreat with lake privileges and forest preserve views!
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$65,000
48 N Lake Ave, Grayslake, IL 60030
--beds
--baths
7,840Square Feet
Unimproved Land
Built in ----
7,840 Square Feet Lot
$-- Zestimate®
$--/sqft
$2,477 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,477/mo
Zestimate® history
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$416/mo
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List your homeWhat's special
Forest preserve viewsStunning natural backdropYear-round privacyPeaceful nature-filled surroundings
Zillow last checked:
Listing updated:
Listed by:
Lynn Fairfield, ABR,CNC,CRS,GRI 847-373-3311,
RE/MAX Suburban
Bought with:
Inactive Inactive
Baird & Warner Fox Valley - Geneva
Source: MRED as distributed by MLS GRID,MLS#: 12398913
Facts & features
Property
Features
- Frontage length: 50
Lot
- Size: 7,840 Square Feet
- Dimensions: 50X148
Details
- Parcel number: 06133010050000
- Zoning: SINGL
- Special conditions: None
Utilities & green energy
- Water: Well
- Utilities for property: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Community & HOA
Location
- Region: Grayslake
Financial & listing details
- Tax assessed value: $189,178
- Annual tax amount: $1,335
- Date on market: 6/20/2025
- Listing terms: Conventional
- Ownership: Fee Simple
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2025 | Sold | $65,000 |
Source:  MRED as distributed by MLS GRID #12398913 Report a problem | ||
| 11/6/2025 | Pending sale | $65,000 |
Source: MRED as distributed by MLS GRID #12398913 Report a problem | ||
| 8/10/2025 | Contingent | $65,000 |
Source: MRED as distributed by MLS GRID #12398913 Report a problem | ||
| 6/20/2025 | Listed for sale | $65,000-71.4% |
Source: MRED as distributed by MLS GRID #12398913 Report a problem | ||
| 12/29/2022 | Sold | $227,000-1.3% |
Source: MRED as distributed by MLS GRID #11619646 Report a problem | ||
| 12/27/2022 | Pending sale | $230,000 |
Source: MRED as distributed by MLS GRID #11619646 Report a problem | ||
| 12/15/2022 | Contingent | $230,000 |
Source: MRED as distributed by MLS GRID #11619646 Report a problem | ||
| 12/5/2022 | Listed for sale | $230,000 |
Source: MRED as distributed by MLS GRID #11619646 Report a problem | ||
| 10/14/2022 | Contingent | $230,000 |
Source: MRED as distributed by MLS GRID #11619646 Report a problem | ||
| 10/7/2022 | Price change | $230,000-4.2% |
Source: MRED as distributed by MLS GRID #11619646 Report a problem | ||
| 9/24/2022 | Listed for sale | $240,000 |
Source: MRED as distributed by MLS GRID #11619646 Report a problem | ||
| 9/15/2022 | Listing removed | $240,000 |
Source: MRED as distributed by MLS GRID #11619646 Report a problem | ||
| 9/9/2022 | Contingent | $240,000 |
Source: MRED as distributed by MLS GRID #11619646 Report a problem | ||
| 9/1/2022 | Price change | $240,000+0.4% |
Source: MRED as distributed by MLS GRID #11619646 Report a problem | ||
| 8/10/2022 | Listed for sale | $239,000+696.7% |
Source: Owner Report a problem | ||
| 1/10/2021 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 12/7/2020 | Listed for sale | $30,000-77.3% |
Source: RE/MAX Plaza #10948032 Report a problem | ||
| 6/9/2020 | Sold | $132,000+2.3% |
Source: Public Record Report a problem | ||
| 5/26/2020 | Listed for sale | $129,000 |
Source: Baird & Warner #10691075 Report a problem | ||
| 4/20/2020 | Pending sale | $129,000 |
Source: Baird & Warner #10691075 Report a problem | ||
| 4/16/2020 | Listed for sale | $129,000+2% |
Source: Baird & Warner #10691075 Report a problem | ||
| 2/16/2001 | Sold | $126,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,487 +6.3% | $69,831 +10.7% |
| 2023 | $5,163 +10.5% | $63,053 +9% |
| 2022 | $4,671 +17.3% | $57,868 +13.4% |
| 2021 | $3,982 -17% | $51,024 +4.9% |
| 2020 | $4,795 +4.1% | $48,652 +4.2% |
| 2019 | $4,608 +11.2% | $46,678 +7% |
| 2018 | $4,143 | $43,609 +6.3% |
| 2017 | $4,143 +11% | $41,021 +8.3% |
| 2016 | $3,732 +7.9% | $37,866 +9.5% |
| 2015 | $3,458 +0.3% | $34,594 +9% |
| 2014 | $3,449 -0.6% | $31,740 -4.3% |
| 2012 | $3,469 -1.1% | $33,149 -18.8% |
| 2011 | $3,506 -13.5% | $40,807 -17.8% |
| 2010 | $4,052 +2.9% | $49,638 -5% |
| 2009 | $3,937 +6.6% | $52,251 +4% |
| 2008 | $3,691 +31% | $50,234 +26.7% |
| 2006 | $2,818 +4.1% | $39,647 |
| 2005 | $2,708 +7.1% | -- |
| 2004 | $2,529 -3.6% | -- |
| 2003 | $2,624 +20% | -- |
| 2002 | $2,186 +10.3% | -- |
| 2001 | $1,982 +0.7% | $28,102 +1.8% |
| 2000 | $1,969 | $27,613 |
Find assessor info on the county website
Neighborhood: 60030
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Nearby schools
GreatSchools rating
- NAWoodland Primary SchoolGrades: PK-KDistance: 2.7 mi
- 5/10Woodland Middle SchoolGrades: 6-8Distance: 4 mi
- 8/10Grayslake North High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Woodland Elementary School
- Middle: Woodland Intermediate School
- High: Grayslake North High School
- District: 50
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.
- Illinois
- Lake County
- Third Lake
- 60030
- 48 N Lake Ave
Nearby cities
Nearby zip codes
Other Third Lake Topics
