NOT LISTED FOR SALE

240 S Lake St Grayslake, IL 60030

Estimated Value: $291,000 - $379,000

2 Beds
1.5 Baths
2,179 Sq Ft
$152/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $275,000 $126 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,021/month

19 Days on Market

Highlights

  • Lake Front
  • Formal Dining Room
  • 1 Car Attached Garage
  • Grayslake Central High School Rated A
  • Stainless Steel Appliances
  • Walk-In Closet

About This Home

As of December 2023

This adorable Waterfront lake home is situated on the peaceful and quiet Grayslake, offering a serene and tranquil setting. The property provides beautiful sunset views that you can enjoy every evening while sitting on the back deck or while sitting at the water's edge. This charming home offers two bedrooms, one and a half bathrooms, a dining room, a living room and a den. It also has a full unfinished basement, which can offer potential for expansion or customization. You'll have 50 feet of waterfront property with direct access to the lake, making it ideal for non-motorized water activities such as swimming, paddle boarding, canoe, kayak, fishing and relaxation. The property is conveniently located just blocks from Grayslake's downtown area. This means you're close to amenities such as the Metra station, restaurants, shopping, bike trails, schools, and more. This adorable home is waiting for your upgrades and personal touch. This is a perfect setting for those who appreciate serene lakeside living. Come view it today!

Last Agent to Sell the Property

Liz Simoni

@properties Christie's International Real Estate License #475149065 Listed on: 10/20/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Stacey Bleyer

Real People Realty License #475183894

Real People Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,998

Year Built

  • Built in 1951

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 50x381.9x50x381.9
  • Lake Front

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2,179 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Storage Room
  • Laundry in unit
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,998

Year Built

Built in 1951

Lot Details

0

Parking

1

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: 1951
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 2179
  • Room Type: Storage, Walk In Closet
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Square Footage Comments: 2179 sqft is approx based on floor-plans measurements.
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Lot Features: Lake Front
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.48
  • Lot Dimensions: 50X381.9X50X381.9
  • Lot Size: .25-.49 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 3

Tax Info

  • Tax Annual Amount: 3998.48
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2022
Sold by
Bamber Dorothy M
Bought by
Dorothy M Bamber Revocable Trust
Current Estimated Value
$331,364

Purchase Details

Closed on
Sep 15, 1998
Sold by
Herbes Ronald L
Bought by
Bamber Thomas G and Bamber Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,500
Interest Rate
7.02%
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
Dorothy M Bamber Revocable Trust -- None Listed On Document
Bamber Thomas G $199,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bamber Thomas G $44,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Sold $275,000 0.0% $126 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
11/06/2023 11/06/23 Price Changed $275,000 -8.3% $126 / Sq Ft
11/02/2023 11/02/23 For Sale $299,999 0.0% $138 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $299,999 -- $138 / 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 $3,334 $74,757 $24,699 $50,058
2023 $3,998 $68,610 $22,668 $45,942
2022 $3,998 $78,434 $31,154 $47,280
2021 $4,123 $75,388 $29,944 $45,444
2020 $4,348 $71,730 $28,491 $43,239
2019 $7,623 $68,819 $27,335 $41,484
2018 $4,506 $86,470 $51,052 $35,418
2017 $4,630 $81,338 $48,022 $33,316
2016 $4,846 $75,083 $44,329 $30,754
2015 $5,210 $68,594 $40,498 $28,096
2014 $4,990 $60,507 $34,547 $25,960
2012 $4,562 $63,192 $36,080 $27,112
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11904209

Midwest Real Estate Data (MRED)

APN: 06-34-200-031