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$505,000

116 E Monaville Road
Lake Villa, IL 60046

Single Family Residence|Sold 03/16/2026
6
Beds
3
Total Baths
3
Full Baths
4,754
SqFt
$106
/SqFt
1917
Built
County:
Lake
Listing Courtesy of MRED as distributed by MLS Grid of Keller Williams North Shore West
Call Now: 847.967.0022
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847.967.0022
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Unique mixed-use opportunity in the heart of Lake Villa! This nearly 5-acre property features two homes and a detached 3-car garage (with 2-car overhead door). The main farmhouse has been thoughtfully converted into a 2-unit residence, offering a total of 5 bedrooms, 3 full baths, 2 kitchens, 3 living rooms, a sunroom, walk-in closet, storage room, and full basement. The original staircase remains, allowing for an easy conversion back to a single-family layout if desired. The second home is a charming ranch featuring 1 bedroom, 1 full bath, kitchen with eating area, and a small office space. In 2nd Home, some windows were replaced approximately 15 years ago, Roof replaced approximately 15 years ago, and Hot Water Heater is 7-8 years old. Some acreage is currently being farmed for hay, providing a serene rural setting while still close to town conveniences. Special financing may be required due to the mixed-use setup. Do not walk the property without an appointment-homes are occupied. See floor plans for detailed layouts of both residences.

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Listing Snapshot
Bedrooms 
6
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Inside Area (SqFt) 
4,754 sqft
Lot Size 
N/A
Year Built 
1917
MLS® Number 
12492112
Status 
Sold
Property Tax 
$5,415
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
General Features
Additional Property Use 
Horses
Garage 
Yes
Garage Spaces 
2
Parking 
Garage Door OpenerDetachedGarage
Parking Spaces 
2
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Style 
Farmhouse
Water Source 
Public
Interior Features
Appliances 
RangeRefrigeratorWasherDryer
Basement 
UnfinishedFull
Heating 
Natural GasForced AirSteamBaseboard
Interior 
Walk-In Closet(s)
Bedroom 2 
Dimensions - 16X16Level - Main
Bedroom 3 
Dimensions - 13X7Level - Main
Bedroom 4 
Dimensions - 16X15Level - Second
Bedroom 5 
Dimensions - 15X12Level - Second
Bedroom 6 
Dimensions - 16X12Level - Main
Dining Room 
Dimensions - 13X14Level - Main
Eating Area 
Dimensions - 8X5Level - Main
Enclosed Porch 
Dimensions - 13X12Level - Main
Family Room 
Dimensions - 12X13Level - Second
Great Room 
Dimensions - 16X12Level - Second
Kitchen 
Dimensions - 14X15Level - Main
Kitchen- 2nd 
Dimensions - 12X5Level - Main
Laundry 
Dimensions - 10X10Level - Basement
Living Room 
Dimensions - 17X14Level - Main
Master Bedroom 
Dimensions - 17X14Level - Main
Recreation Room 
Dimensions - 12X11Level - Main
Storage 
Dimensions - 12X9Level - Main
Walk In Closet 
Dimensions - 6X7Level - Second
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Exterior Features
Construction Details 
Vinyl Siding
Other Structures 
Guest House
Patio And Porch 
Porch
Roof 
Asphalt
Community Features
MLS Area 
Lake Villa / Lindenhurst
School District 
Grayslake North High School
Township 
Lake Villa
Schools
School District
Grayslake North High School
Elementary School
William L Thompson School
Middle School
Peter J Palombi School
High School
Grayslake North High School
Neighborhood & Commute
Source: Walkscore
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