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38764 N Gratton Road

Lake Villa, IL 60046

4 beds
4 baths
3,919 sqft
~2 acre lot
$146 per sqft
1914 build
– on site

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***RARE WATERFRONT*** opportunity on DEEP LAKE with 100ft of lake frontage, excellent fishing, boating, kayaking and one of the cleanest lakes in Lake County! 4 Pins, 2 Homes and a Large 2.5 Car garage on just under 1 acre of dry land. The remaining 1.5 acres are underwater lots. The large home is the former "Tegan's Resort" and features Original wood floors & Woodburning stove!!! First floor full bath, bedroom & laundry room, large open living room with skylights & excellent lake views and a full walkout basement. It has been vacant for a few years and could use some TLC. The second home (38770 Gratton) features 1 Bath, 1 bedroom and loft with vaulted ceilings, spiral staircase & deck with lake views! It has also been consistently rented out and is currently on a month to month lease. Boat launch right next door for easy access through the voluntary association. This is your chance to have your historic waterfront getaway and earn some income at the same time!

Listing courtesy of MRED / RE/MAX Advantage Realty as distributed by MLS GRID

Last checked: Checking… • Last updated Apr 7, 2025 •

MLS# 11478564 —

The Building

Year Built:

1914
Rebuilt:

No
New Construction:

false
Roof:

Asphalt
Basement:

Full, Walkout
Foundation Details:

Block, Brick/Mortar, Concrete Perimeter
Exterior Features:

Deck
Disability Access:

No
Other Equipment:

Water-Softener Owned, Ceiling Fan(s), Fan-Attic Exhaust
Total SqFt:

4019
Total SqFt:

6438
Main SqFt:

2419
Upper SqFt:

1600
Basement SqFt:

2419
Unfinished Basement SqFt:

2419
Living Area Source:

Assessor

Interior

Room Type:

Den, Office, Loft
Rooms Total:

10
Interior Features:

Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, First Floor Bedroom, First Floor Laundry
Door Features:

French Doors
Fireplaces Total:

1
Fireplace Features:

Wood Burning Stove
Fireplace Location:

Living Room
Laundry Features:

Gas Dryer Hookup, Electric Dryer Hookup, In Unit, Laundry Chute, Multiple Locations, Sink

Room Dimensions

Living Area:

3919

Location

Directions:

Grand to Deep Lake Rd N to 6th W to #
Location:

2643
Location:

15694

The Property

Parcel Number:

02332010670000
Property Type:

Residential
Location:

C
Lot Features:

Lake Front, Water View, Mature Trees, Lake Access
Lot Size Dimensions:

118 X 402 X 100 X 379
Lot Size Acres:

2.4
Lot Size Source:

County Records
Rural:

N
Waterfront:

true
Additional Parcels:

true

Listing Agent

Contact info:

Taxes

Tax Year:

2021
Tax Annual Amount:

14275.4

Beds

Bedrooms Total:

4
Bedrooms Possible:

4

Baths

Baths:

4
Full Baths:

4

The Listing

Short Sale:

Not Applicable
Special Listing Conditions:

None

Heating & Cooling

Heating:

Natural Gas, Forced Air
Cooling:

None

Utilities

Sewer:

Septic-Private
Electric:

Circuit Breakers, 100 Amp Service
Water Source:

Private Well

Appliances

Appliances:

Range, Dishwasher, Refrigerator, Washer, Dryer, Water Softener Owned

Schools

Elementary School:

Oakland Elementary School
Elementary School District:

34
Middle Or Junior School:

Antioch Upper Grade School
Middle Or Junior School District:

34
High School:

Lakes Community High School
High School District:

117

The Community

Community Features:

Lake, Street Paved
Association Fee Includes:

None
Association Fee Frequency:

Not Applicable
Master Assoc Fee Frequency:

Not Required

Parking

Parking Total:

3
Parking Features:

Driveway
Parking Onsite:

Yes
Parking Ownership:

Owned
Garage Type:

Detached
Garage Spaces:

2.5
Garage Onsite:

Yes
Garage Ownership:

Owned

Extra Units

Other Structures:

Shed(s)

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Max Internet Speed

Xfinity

Provided by BroadbandNow®

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Utility Costs

$274/mo.

Estimate provided by ClearlyEnergy

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Sale history

Date	Event	Source	Price	% Change
10/13/22 Oct 13, 2022	Sold	MRED	$575,587	-4.1%
9/1/22 Sep 1, 2022	Sold Subject To Contingencies	MRED	$600,000
8/9/22 Aug 9, 2022	Price Changed	MRED	$600,000	-4.8%

House Sold on 10/13/2022

$575,587

Listing provided by broker:

Daniel Vladic

RE/MAX Advantage Realty

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Listing courtesy of MRED, RE/MAX Advantage Realty, and Daniel Vladic as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of Apr 7, 2025, 09:31 pm. 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.

38764 N Gratton Road

Lake Villa, IL 60046