NOT LISTED FOR SALE

174 S Lake St Grayslake, IL 60030

Estimated Value: $499,000 - $603,000

4 Beds
2.5 Baths
2,284 Sq Ft
$236/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $480,000 $210 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,619/month

7 Days on Market

Highlights

  • Lake Front
  • Boat Slip
  • Deck
  • Grayslake Central High School Rated A
  • Community Lake
  • Wood Flooring

About This Home

As of December 2023

Welcome to a truly remarkable waterfront oasis, nestled in a heritage area full of charm. A stunning home like this that is rarely available on the market, offers a unique blend of history & modernity, making it a true gem in every sense. Located just a stone's throw away from the heart of town & schools, this property showcases a lifestyle that's both convenient & captivating. As you step in, you'll immediately be struck by the impeccable care & love that have gone into preserving its original architectural splendor along with contemporary updates. A harmonious fusion of old-world elegance & modern comfort. Start your mornings in an inviting eat-in kitchen w/the aroma of your morning coffee. The adjacent family room, complete with a cozy fireplace & built-in shelving, beckons you to unwind, relax, & create cherished memories with loved ones. A first-floor office provides a quiet & inspiring environment. The primary bedroom is a true sanctuary, boasting breathtaking water views. The spacious backyard, complete with a large deck overlooking the water, is an idyllic setting for al fresco dining, entertaining friends, or simply taking in the tranquil scenery. A private pier adds to the allure w/water activities right from your own backyard. Additional practical features of a shed your storage needs & an extra deep garage for your vehicles. This is more than just a home; it's a place where time seems to stand still while offering the convenience of modern living. Don't miss the opportunity to own a piece of history & experience the joy of living by the water's edge. This property is ready to fulfill your dreams & create a lifetime of cherished memories. Welcome home!

Last Agent to Sell the Property

Nano Engdahl

Baird & Warner License #475130315 Listed on: 10/25/2023

Baird & Warner

Last Buyer's Agent

Ghita Mueller

Compass License #475113280

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,492

Year Built

  • Built in 1905

Lot Details

  • 10,716 Sq Ft Lot
  • Lot Dimensions are 66 x 166 x 66 x 159
  • Lake Front

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,284 Sq Ft Home
  • 2-Story Property
  • Whole House Fan
  • Family Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Water Views
  • Carbon Monoxide Detectors

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Tideland Water Rights
  • Boat Slip
  • Deck
  • Shed
  • Porch

Schools

  • Woodview Elementary School
  • Frederick Middle School
  • Grayslake Central High School

Utilities

  • Central Air
  • Radiator

Community Details

  • Community Lake

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,492

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Some Carpeting
  • LivingArea: 2284
  • Other Equipment: CO Detectors, Fan-Whole House, Sump Pump
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Porch, Boat Slip
  • Foundation Details: Concrete Perimeter
  • Lot Features: Lake Front, Water Rights, Water View
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Radiator(s)
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Lake, Water Rights, Curbs, Sidewalks, Street Lights
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Woodview School
  • High School: Grayslake Central High School
  • Middle/Junior School: Frederick School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.246
  • Lot Dimensions: 66 X 166 X 66 X 159
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 10492.3
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Dec 4, 2023
Sold by
Kenneth Gerard Gutowski and Kenneth Lisa Ann
Bought by
Wilkins Aaron Malcolm and Wilkins Julie Ann
Seller's Agent
Nano Engdahl
Baird & Warner
Buyer's Agent
Ghita Mueller
Compass
List Price
$475,000
Sold Price
$480,000
Premium/Discount to List
$5,000
1.05%
Views
59
Current Estimated Value
$538,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,660
Avg. Annual Appreciation
6.32%
Original Mortgage
$456,000
Outstanding Balance
$448,618
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$90,042

Purchase Details

Closed on
Mar 3, 2020
Sold by
Gutowski Kenneth G and Gutowski Lisa
Bought by
Gutowski Kenneth Gerard and Gutowski Lisa Ann
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wilkins Aaron Malcolm $480,000 None Listed On Document
Gutowski Kenneth Gerard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkins Aaron Malcolm $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2023 12/11/23 Sold $480,000 +1.1% $210 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
10/25/2023 10/25/23 For Sale $475,000 -- $208 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,424 $108,167 $28,137 $80,030
2023 $9,424 $96,130 $25,823 $70,307
2022 $10,495 $98,519 $29,068 $69,451
2021 $10,349 $94,693 $27,939 $66,754
2020 $10,314 $90,098 $26,583 $63,515
2019 $9,940 $86,441 $25,504 $60,937
2018 $11,010 $94,778 $47,072 $47,706
2017 $10,853 $89,152 $44,278 $44,874
2016 $11,089 $82,296 $40,873 $41,423
2015 $10,815 $75,184 $37,341 $37,843
2014 $9,441 $66,117 $31,465 $34,652
2012 $9,290 $69,052 $32,862 $36,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11898426

Midwest Real Estate Data (MRED)

APN: 06-34-202-010