IL
Lake
Grayslake
60030
11 S Lake Street
11 S Lake Street, Grayslake, IL 60030
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Listing Type
Multi Family
Listing Status
active
31
$700,000

Home Details for 11 S Lake Street

Price
$700,000
Type
Residential Income
Bedrooms
4
Bathrooms
2.0
Square feet
NaN
Year built
1910
County
Lake
Total rooms
7
Garage
2
Basement
Sump Pump, Unfinished, Full
Days on site
17
MLS Listing#
12465928
Property Description

Investment Opportunity in the Heart of Downtown Grayslake! Don't miss this rare 2-unit property in highly desirable downtown Grayslake-steps from dining, shopping, community events, and nightlife! Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this property offers unmatched versatility. The main floor has been tastefully remodeled and features 1 spacious bedroom, a full bathroom with a shower, and convenient in-unit laundry. Perfect for a long-term tenant, an Airbnb option, or owner-occupancy. The second-floor unit is currently operating as a highly successful Airbnb. It offers a flexible floor plan with a kitchenette and a remodeled bathroom, giving guests a comfortable and modern experience. Property highlights include: New roof on the back of the house; main roof in great shape Updated HVAC system Separate gas and electric meters (can be converted to 2 gas meters) Newer electrical service and updated plumbing to the sidewalk Detached 1-car garage Basement with mechanicals and storage Fenced-in backyard with a brick paver patio-perfect for entertaining Enjoy front-row seats to parades, festivals, and all that downtown Grayslake has to offer. This is a truly unique opportunity to own a prime piece of real estate in a vibrant community. ****CLICK VIRTUAL TOUR TO VIEW THE AIR BNB****

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Property Features
  • Parking
    • On Site
    • Detached
    • Garage
  • Basement
    • Sump Pump
    • Unfinished
    • Full
  • Heating Information
    • Natural Gas
    • Forced Air
  • Cooling Information
    • Ceiling Fan(s)
  • Water Features
    • Public
Listing Courtesy: Compass - 224-540-3971
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-10-22 23:31:36. 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.
Last Updated: 2025-10-22 23:31:36
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Market statistics compiled from data from Midwest Real Estate Data.
EXIT REALTY REDEFINED
1275 E. Butterfield Rd Suite 200, Wheaton, IL 60189
Roger Jenisch
License #: 471-013357
Broker of Record
Office
630 480 4555
Agent
773 682 8771
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