Third Lake, IL Homes for Sale under $400,000

/21
$299,900

Pending
- 3 Beds
- 2 Baths
- 1,360 Sq Ft
33945 N Prospect Dr, Grayslake, IL 60030

Enjoy the lake life on Gages Lake with your own pier, mature trees, and an additional buildable lot! This freshly painted, sprawling ranch offers a flexible floor plan with three bedrooms, generous living space, and a large deck overlooking the water. The home is currently configured with two separate living areas connected by a shared laundry room, offering plenty of possibilities to tailor the

Jamie Hering

Coldwell Banker Realty

33945 N Prospect Dr, Grayslake, IL 60030
Explore Third Lake
/22
$279,000
- 3 Beds
- 2.5 Baths
- 1,628 Sq Ft
896 Cherry Creek Dr, Grayslake, IL 60030

This fabulous end unit has tons of natural light! Brand new carpet and paint throughout! The perfect blank pallet for your decorating ideas! 2 Master Suites both with private full baths! Great open floor plan! Spacious kitchen with center island, breakfast room, big bay window & laundry closet! Balcony for easy BBQ'ing! Flex space in the finished 280 sq ft lower level ~ make it your family room

Jamie Hering

Coldwell Banker Realty

896 Cherry Creek Dr, Grayslake, IL 60030
/10
$385,000
- Land
- 0 Sq Ft
34871 N Lake Shore Dr, Lake Villa, IL 60046

SOMETIMES PLANS CHANGE. INCREDIBLE OPPORTUNITY! BRING YOUR IDEAS AND BUILD ON THIS VACANT LAND ON DRUCE LAKE WITH BREATHTAKING AND PICTURESQUE LAKE VIEWS AND UNFORGETTABLE SUNSETS. ATTENTION ALL BUILDERS AND DEVELOPERS***HOT OPPORTUNITY*PRIME LOCATION-WATERFRONT!****PACKAGE INCLUDES 5 ADJOINING BUILDABLE RESIDENTIAL LOTS, SOLD TOGETHER. THAT'S OVER 1 ACRE FOR YOUR INDIVIDUAL AND CUSTOM NEW

TADEUSZ DOLECKI RE/MAX Properties Northwest

34871 N Lake Shore Dr, Lake Villa, IL 60046
/22
$275,000

$5K PRICE DROP
- 3 Beds
- 1.5 Baths
- 1,133 Sq Ft
34904 N Carvis Dr, Lake Villa, IL 60046

Enjoy this unincorporated double lot oasis, House completely renovated in 2026, Home features 3 bedrooms 1.5 New white shaker kitchen cabinets with granite counters and new appliances . full Remodeled baths. New luxury vinyl plank. New water heater, new washer and dryer, double lot that provide extra space and endless possibilities, ultra low taxes. Strategically convenient location, steps away

Kasim Alnafoosi HomeSmart Connect LLC

34904 N Carvis Dr, Lake Villa, IL 60046
/38
$399,900

$10K PRICE DROP
- 3 Beds
- 2 Baths
- 1,394 Sq Ft
Unlisted Address

Nestled on a quiet cul-de-sac, this beautiful, maintained ranch home offers the perfect blend of comfort, privacy and convenience. The recently stained wood privacy fence surrounds a spacious backyard retreat featuring a large deck, charming gazebo and a newly built storage shed. It's ideal for relaxing or entertaining. Step inside to an inviting open-concept floor plan enhanced by gorgeous

Eric Candelaria PMA Real Estate, Inc.

Unlisted Address
/27
$399,900
- 3 Beds
- 3.5 Baths
- 2,372 Sq Ft
674 Shoreline Dr, Grayslake, IL 60030

Welcome to the highly sought-after Cambridge at Waters Edge community, just steps from beautiful Gages Lake! This spacious end-unit townhome offers 3 bedrooms, 3.5 bathrooms, and flexible living space across three levels. Enjoy multiple outdoor spaces, including an east-facing balcony off the living room, a west-facing balcony connected to the breakfast nook, and a private patio accessible from

Jillian Webb Keller Williams North Shore West

674 Shoreline Dr, Grayslake, IL 60030
/23
$295,000

Pending
- 2 Beds
- 2 Baths
- 1,694 Sq Ft
886 Cherry Creek Dr, Grayslake, IL 60030

Like new construction? This is just Like it...practically everything here is new! You won't have to do a single thing but move in! Wait until you see it...we have (2026) brand new carpet, brand new LVT flooring, brand new quartz in the kitchen and bathrooms, brand new kitchen appliances (days old, never used!), brand new lighting, brand new designer paint (walls, trim, doors and ceiling)

Kelly Anderson Baird & Warner

886 Cherry Creek Dr, Grayslake, IL 60030

Illinois Lake County

Home Prices in Third Lake, IL

The median home sale price in Third Lake, IL is $407,000, down 2% year-over-year. Homes in Third Lake sell in 9 days on average, compared to the national average of 55 days.

Home Price Trends

Median Sale Price $407,000	Median Single Family Sale Price $414,500
Average Price Per Sq Ft $246	Number of Homes for Sale 4
Last 12 months Home Sales 16	Months of Supply 3.00
Median List Price $410,000	Median Change From 1st List Price 0%
Median Home Sale Price YoY Change -2%

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