$349,900

beds

baths

1,100

square ft

338 S Lake Street

Grayslake, Illinois 60030

New / MLS #12588538 / Single Family / Grayslake

Listing information updated 3/25/2026 at 6:04am

This charming 2 BD 2 BA Spanish-Style home built in 1928 sits on two 50x132 lots. Short walking distance to the train station (.2 mi), downtown Grayslake (.5 mi), and Grayslake Central Highschool (.9 mi). This home is perfect for first time home buyers, city workers looking to move to the burbs and want an easy train commute, empty nesters looking to downsize and stay in Grayslake with lower property taxes, or investors who want to develop the 2nd lot. Extra lot is zoned residential. Detached 3 car garage for the cars and toys and a separate shed for your lawn equipment. The horseshoe driveway wraps around the house creating 2 driveways for all your parking needs. Inside features real hardwood floors, original sconces, wood burning fireplace (not operational), stainless steel appliances, and built in storage. Full unfinished basement with 2nd full bathroom. LG front load washer and Dryer included. Home is heated by radiant heat and has central AC. Some updates include: New Garage roof 2026, Hot Water Heater 2025, Fence 2023, Garage Siding 2022, Driveway seal coated in 2025, Drain Tile System installed in basement 2021, GE Stainless Oven and Dishwasher (2021), Radon Mitigation System (2020). LOW PROPERTY TAXES for Grayslake!! House is being sold AS IS awaiting your personal touch!

Full Features

Exterior Type:

Stucco

Basement:

Unfinished,Full

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas, Steam

Appliances:

Range, Dishwasher, Refrigerator, Washer, Dryer

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

91-100 Years

Parking Type:

Garage - Yes,Garage Owned,Detached,Garage

Parking Spaces:

Garage:

Detached

Room Count:

Water Front:

Square Feet:

1,100

Lot Size:

.25-.49 Acre

Room Information

Living Room:

22x12 - Main

Dining Room:

14x12 - Main

Kitchen:

12x9 - Main

Family Room:

N/A

Primary Bedroom:

12x12 - Main Level

2nd Bedroom:

12x9 - Main

3rd Bedroom:

N/A

4th Bedroom:

N/A

Laundry:

N/A Level

Taxes & Assessments

Tax Amount:

$7,948

Tax Year:

2024

Location

Zip Code:

60030

City:

Grayslake

County:

Lake

Schools

School District(s):

46, 127

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Exterior Type:

Stucco

Basement:

Unfinished,Full

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas, Steam

Appliances:

Range, Dishwasher, Refrigerator, Washer, Dryer

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

91-100 Years

Parking Type:

Garage - Yes,Garage Owned,Detached,Garage

Parking Spaces:

Garage:

Detached

Room Count:

Water Front:

Square Feet:

1,100

Lot Size:

.25-.49 Acre

Living Room:

22x12 - Main

Dining Room:

14x12 - Main

Kitchen:

12x9 - Main

Family Room:

N/A

Primary Bedroom:

12x12 - Main Level

2nd Bedroom:

12x9 - Main

3rd Bedroom:

N/A

4th Bedroom:

N/A

Laundry:

N/A Level

Tax Amount:

$7,948

Tax Year:

2024

Zip Code:

60030

City:

Grayslake

County:

Lake

School District(s):

46, 127

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Village Realty

Listing Office Phone: 847.356.7080

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 3/25/2026 at 6:04am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.