$599,500

36461 N US Highway 45, Lake Villa, IL 60046

Active
3 beds 2 baths 2,458 sqft (assessor) Built 1971 Residential MLS #MRD12731661 11 days on market
Listing courtesy of @properties Christie's International Real Estate · 773-472-0200 · MLS #MRD12731661 · Status: Active
Rare 2.5-Acre Opportunity in Unincorporated Warren Township! Nestled among beautiful, mature trees and surrounded by newer residential communities, this unique property offers privacy, space, and endless possibilities. The solid, custom-built ranch offers approximately 2,500 square feet of living space and has been lovingly maintained. The home is move-in ready today, with excellent potential for future updates and personalization. Featuring 3 spacious bedrooms, 2 full baths, a large eat-in kitchen, separate dining/family room, and an expansive living room with a beautiful stone fireplace, the home offers generous room sizes and quality construction. The oversized main-level primary suite includes a walk-in closet and private bath. An unfinished basement with crawl space, abundant closet and storage space, and an oversized 2-car garage provide plenty of additional utility. Built in 1971, the home provides a solid foundation for customization while retaining its original craftsmanship and character. Outside, approximately 2.5 wooded acres offer tremendous flexibility-with room for gardens, recreational activities, a workshop, storage building, RV, boat, or other recreational equipment. Whether you're looking for a private estate, a spacious property to make your own, or an investor or builder exploring future redevelopment possibilities, this property deserves a closer look. City water, septic, and utilities are already in place, adding significant value and convenience. Located on the corner of Highfield Drive West at the entrance to the desirable Shires of Cambridge subdivision, the property combines privacy, accessibility, and outstanding long-term potential. Large parcels like this are increasingly rare in the Gurnee area, making this an exceptional opportunity for homeowners, hobbyists, contractors, or developers alike. Any redevelopment or subdivision potential is subject to buyer due diligence and all applicable governmental approvals.

Property details

Interior

Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Interior features
1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s)
Flooring
Hardwood
Fireplaces
1
Fireplace details
Wood Burning
Basement
Unfinished, Partial
Laundry
Main Level
Additional rooms
Foyer
Total rooms
7

Building & exterior

Age
51-60 Years
Exterior
Brick
Patio & porch
Deck
Other structures
Second Garage

Parking

Garage spaces
2
Total spaces
2
Parking details
Yes, Garage Owned, Attached, Garage

Lot & location

Lot dimensions
130x834
Township
Warren
County
Lake

Utilities

Heating
Steam, Baseboard, Radiant
Cooling
Window Unit(s)
Water
Public
Sewer
Septic Tank

HOA & community

Assessment includes
None

Schools

Elementary
Woodland Elementary School (50)
Junior high
(50)
High school
Warren Township High School (121)

Taxes & terms

Annual taxes
$7,888 (2025)
Parcel number (PIN)
07073010020000
PIN
07073010020000
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
8/12/2026

Rooms

RoomSizeLevelFlooring
Foyer6X17Main
Bedroom 215X14MainHardwood
Bedroom 314X14MainHardwood
Bedroom 4N/A
Dining Room15X11MainLuxury Vinyl
Family Room15X14MainHardwood
Kitchen17X12MainLuxury Vinyl
Laundry8X10Main
Living Room18X28MainHardwood
Master Bedroom16X18MainHardwood

What would this home cost per month?

Using this listing's actual tax bill (2025) — adjust anything.

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

Estimates only — not a loan offer or quote; your rate, insurance and PMI depend on your credit and lender. Run other scenarios on the full mortgage calculator, or ask us to connect you with lenders our clients actually close with.

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