IL
Lake
Lake Villa
60046
116 E Monaville Road
116 E Monaville Road, Lake Villa, IL 60046
Share Listing
Listing Type
Single Family
Listing Status
active
59
$550,000

Home Details for 116 E Monaville Road

Price
$550,000
Type
Residential
Bedrooms
6
Bathrooms
3.0
Square feet
4754
Year built
1917
County
Lake
Total rooms
14
Garage
2
Basement
Unfinished, Full
Days on site
21
MLS Listing#
12492112
Property Description

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.

Property Features
  • Heating Information
    • Natural Gas
    • Forced Air
    • Steam
    • Baseboard
  • Parking
    • Garage Door Opener
    • On Site
    • Detached
    • Garage
  • Basement
    • Unfinished
    • Full
  • Cooling Information
    • None
  • Water Features
    • Well
  • House Interior
    • Walk-In Closet(s)
School Information
School Information for 116 E Monaville Road, Lake Villa, IL 60046
Elementary School
William L Thompson School
Middle School
Peter J Palombi School
High School
Grayslake Central High School
Listing Courtesy: Keller Williams North Shore West - 847-383-6600
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-10-18 23:30:20. 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: 2025-10-18 23:30:20
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
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
Request more details
Code: