Why Live in Grayslake
Grayslake, IL, located approximately 50 miles northwest of downtown Chicago, offers a unique small-town atmosphere with the convenience of commuter rail access to the city. The village center, known for its historic charm, features local businesses, dining options, and the Grayslake Heritage Center and Museum, which showcases the area's history. Dining highlights include 129 Center Cut, a popular spot for steaks and drinks, and Fred’s Diner, known for its retro style and charmingly snarky wait staff. Surrounding the downtown area are historic homes, including spacious Victorian and Georgian styles, as well as more modest traditional houses. North of downtown, Central Park provides various recreational activities such as playgrounds, walking trails, a performance pavilion, disc golf, and a splash pad. The Grayslake Aquatic Center offers summer fun with water slides and a toddler section. The village's namesake, Grays Lake, is accessible from Jones Island Park, and an extensive bike trail system connects neighborhoods and parks. Grayslake's public schools are highly rated, with Woodview School, Grayslake Middle School, and Grayslake Central High School all receiving commendable ratings. The village is about 35 miles from O’Hare International Airport and 12 miles from the Wisconsin border, with convenient public transportation options including the Pace bus system and two Metra commuter rail stops.
Home Trends in Grayslake, IL
On average, homes in Grayslake, IL sell after 43 days on the market compared to the national average of 69 days. The median sale price for homes in Grayslake, IL over the last 12 months is $216,250, up 97% from the median home sale price over the previous 12 months.
Median Sale Price
$216,250
Median Single Family Sale Price
$190,000
Median Townhouse Sale Price
$350,000
Median 2 Bedroom Sale Price
$350,000
Average Price Per Sq Ft
$138
Number of Homes for Sale
4
Last 12 months Home Sales
114
Median List Price
$219,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
97%