Rare 2.5-Acre Opportunity in Unincorporated Lake Villa! Nestled among beautiful, mature trees and surrounded by newer residential communities, this unique property offers endless possibilities. The solid, custom-built ranch offers approximately 2,500 square feet of living space and has been lovingly maintained, providing a wonderful opportunity to enjoy as-is or update to your personal style. Featuring 3 spacious bedrooms, 2 full baths, a large eat-in kitchen, separate dining/family room, an expansive living room with a beautiful stone fireplace, an unfinished basement with crawl space, and abundant closet and storage space, the home offers exceptional room sizes and quality construction. Built in 1971, it provides the perfect canvas for customization while retaining its solid craftsmanship. Whether you're dreaming of a private estate or outdoor oasis-with room for gardens, recreational activities, a workshop, storage building, RV, boat, or other recreational equipment-or you're an investor or builder exploring future redevelopment opportunities, this property deserves a closer look. Situated on approximately 2.5 wooded acres with city water, septic, and utilities already in place, the property offers significant value and convenience. Located at the corner of Route 45 and Highfield Drive West-the entrance to the desirable Shires of Cambridge subdivision-it combines privacy, accessibility, and outstanding long-term potential. Large parcels like this are becoming increasingly rare in the Lake Villa/Gurnee area, making this an exceptional opportunity for homeowners, hobbyists, contractors, or developers alike. Property is being sold as part of an estate. Any redevelopment or subdivision potential is subject to buyer due diligence and all applicable governmental approvals.
Listed By
Agency Name: @properties Christie's International Real Estate
Agency Phone: 773-472-0200
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimated Payment
$ 3,798.94 per month $2,952.05 Principal & Interest $657.33 Property Tax $189.55 Homeowner's Insurance
36461 N Us Highway 45 | MLS# 12714190
This single family home located at 36461 N Us Highway 45 , Lake Villa, IL 60046 is currently listed for sale with an asking price of $649,900. This property was built in 1971 and has 3 bedrooms and 2 full baths with 2458 sq. ft. N Us Highway 45 is located within the District 121 school district. Search Lake Villa real estate on www.gogambino.com today.