LKV Realty
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$599,500
$2,900Reward *
36461 N US Highway 45, Lake Villa, IL 60046Listing ID 12731661

36461 N US Highway 45, Lake Villa, IL 60046

Active
Lake Villa / Lindenhurst
Last updated: 4 days ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
2
Square Feet
Square Feet
2,458
Acres
Acres
2.44
Cooling
Cooling
Window Unit(s)
Heating
Heating
Steam, Baseboard, Radiant
Year Built
Year Built
1971
Garages
Garages
2
Parking
Parking
Yes, Garage Owned, Attached, Garage

Rare 2.5-Acre Opportunity in Unincorporated Warren Township! Nestled among beautiful, mature trees and surrounded by newer residential communities, this unique property offers privacy, space, and endless possibilities. The solid, custom-built ranch offers approximately 2,500 square feet of living space and has been lovingly maintained. The home is move-in ready today, with excellent potential for future updates and personalization. Featuring 3 spacious bedrooms, 2 full baths, a large eat-in kitchen, separate dining/family room, and an expansive living room with a beautiful stone fireplace, the home offers generous room sizes and quality construction. The oversized main-level primary suite includes a walk-in closet and private bath. An unfinished basement with crawl space, abundant closet and storage space, and an oversized 2-car garage provide plenty of additional utility. Built in 1971, the home provides a solid foundation for customization while retaining its original craftsmanship and character. Outside, approximately 2.5 wooded acres offer tremendous flexibility-with room for gardens, recreational activities, a workshop, storage building, RV, boat, or other recreational equipment. Whether you're looking for a private estate, a spacious property to make your own, or an investor or builder exploring future redevelopment possibilities, this property deserves a closer look. City water, septic, and utilities are already in place, adding significant value and convenience. Located on the corner of Highfield Drive West at the entrance to the desirable Shires of Cambridge subdivision, the property combines privacy, accessibility, and outstanding long-term potential. Large parcels like this are increasingly rare in the Gurnee area, making this an exceptional opportunity for homeowners, hobbyists, contractors, or developers alike. Any redevelopment or subdivision potential is subject to buyer due diligence and all applicable governmental approvals.

Property Information

Property Details

Location

Address
36461 N US Highway 45
County
Lake
City
Lake Villa
Zip Code
60046
Subdivision
Lake Villa / Lindenhurst
School District
121
High School
Warren Township High School
Elementary School
Woodland Elementary School
MLS Area
Lake Villa / Lindenhurst

Interior Features

Beds and Baths

Bedrooms
3
Full Bathrooms
2

Building

Building Information

Square Feet
2,458
Year Built
1971
Construction
Brick

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$7,889
Tax Year
2025

Homeowner Association

HOA Fee Frequency
Not Applicable
@properties Christie's International Real Estate, (773) 472-0200

Market Report for 60046

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 06:50 PM UTC. 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD129869