4 beds 4 baths 3,919 sq. ft.
42.4266 -88.0634

38764 N Gratton Road Lake Villa, IL 60046


Est. Monthly $3,313 with $14,275 in taxes recalculate
4 beds 4 baths 3,919 sf

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CENTURY 21 Universal Real Estate
CENTURY 21 Universal Real Estate
7300 N. Western Avenue
Chicago, IL 60645
CENTURY 21 Universal Real Estate
7300 N. Western Avenue Chicago, IL 60645
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38764 N Gratton Road
Lake Villa, IL 60046

Explore This Property

Single Family Detached - ***RARE WATERFRONT*** opportunity on DEEP LAKE with 100ft of lake frontage, excellent fishing, boating, kayaking and one of the cleanest lakes in Lake County! 4 Pins, 2 Homes and a Large 2.5 Car garage on just under 1 acre of dry land. The remaining 1.5 acres are underwater lots. The large home is the former "Tegan's Resort" and features Original wood floors & Woodburning stove!!! First floor full bath, bedroom & laundry room, large open living room with skylights & excellent lake views and a full walkout basement. It has been vacant for a few years and could use some TLC. The second home (38770 Gratton) features 1 Bath, 1 bedroom and loft with vaulted ceilings, spiral staircase & deck with lake views! It has also been consistently rented out and is currently on a month to month lease. Boat launch right next door for easy access through the voluntary association. This is your chance to have your historic waterfront getaway and earn some income at the same time!
MLS # 11478564
Courtesy Of ReMax Advantage Realty

Property Features

  • Age: Over 50 Years Old
  • Amenities: Deck, Sky light, Vaulted Ceiling
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Water - Softener
  • Architecture Style: Other
  • Exterior Type: Aluminum Siding, Stone
  • Floor Covering: Carpet, Hardwood
  • Heating Fuel: Wood
  • Heating System: Forced Air, Stove
  • Lot Size: 2.4 Acres
  • Parking Type: Garage
  • Roof Type: Asphalt
  • Rooms: Bedroom, Den, Dining Room, Full Bath, Kitchen, Laundry Room, Living Room, Loft, Office

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 3.38% APR
    $3,313Your estimated monthly payment
    $120,00020% Down Payment
    $600,000 $480,000 $14,275
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School

    Grades PRESCHOOL-5 | Public School

    Lake Villa, IL 60046

    Total Students 530
    Student Teacher Ratio 17:1

    School Rating

    4 stars View School Details

    Middle School

    Grades 6-8 | Public School

    Lake Villa, IL 60046

    Total Students 800
    Student Teacher Ratio 16:1

    School Rating

    3 stars View School Details

    High School

    Grades 9-12 | Public School

    Lake Villa, IL 60046
    1600 EAGLE WAY

    Total Students 1474
    Student Teacher Ratio 16:1

    School Rating

    4 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating
    One Hope United/ Care Day School 0.8 mi Private 3-12
    Kindergarten At Pleviak Elementary 1.0 mi Public K-K
    Prince Of Peace School 1.0 mi Catholic PRESCHOOL-8
    Oakland Elementary School 1.1 mi Public K-5
    Allendale School 1.7 mi Private 3-12
    Allendale-benet Lake School 1.8 mi Private -
    Lindenhurst Early Childhood Ctr 1.9 mi Private PRESCHOOL-K
    S.t.u.d.y.s. Ministries Christian Academy 2.2 mi Private PRESCHOOL-12
    B J Hooper Elementary School 2.4 mi Public PRESCHOOL-5
    Olive C Martin School 2.7 mi Public K-6
    Millburn Middle School 2.7 mi Public 6-8
    First Steps Nursery School 2.8 mi Private PRESCHOOL-PRESCHOOL
    Emmons Grade School 3.1 mi Public K-8
    Faith Evangelical Lutheran School 3.2 mi Private PRESCHOOL-8
    Avon Center Elementary School 3.4 mi Public K-4
    Round Lake Middle School 3.5 mi Public 6-8
    Antioch Community High School 3.5 mi Public 9-12

    Local Area Information for Lake Villa, IL 60046

    Median Age: 40.7
    Married: 47.2%
    Number of Households: 12,157
    Households with Children: 4,333
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2022 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Data powered by Attom Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed.
      This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      † Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      The Single Family Detached located at 38764 N Gratton Road, Lake Villa, IL 60046 is currently for sale. 38764 N Gratton Road, Lake Villa is listed for $600,000. This property has 4 bedrooms, 4 full bathrooms, and approximately 3,919 square feet, and Lot Size of approximately 2.4. If the property located at 38764 N Gratton Road, Lake Villa, IL isn't what you're looking for, search Illinois real estate to see other houses for sale in Lake Villa.