36461 N US Highway 45

Lake Villa, IL 60046

Rare 2.5-Acre Opportunity in Unincorporated Lake Villa! Nestled among beautiful, mature trees and surrounded by newer residential communities, this unique property offers endless possibilities. The solid, custom-built ranch offers approximately 2,500 square feet of living space and has been lovingly maintained, providing a wonderful opportunity to enjoy as-is or update to your personal style. Featuring 3 spacious bedrooms, 2 full baths, a large eat-in kitchen, separate dining/family room, an expansive living room with a beautiful stone fireplace, an unfinished basement with crawl space, and abundant closet and storage space, the home offers exceptional room sizes and quality construction. Built in 1971, it provides the perfect canvas for customization while retaining its solid craftsmanship. Whether you're dreaming of a private estate or outdoor oasis-with room for gardens, recreational activities, a workshop, storage building, RV, boat, or other recreational equipment-or you're an investor or builder exploring future redevelopment opportunities, this property deserves a closer look. Situated on approximately 2.5 wooded acres with city water, septic, and utilities already in place, the property offers significant value and convenience. Located at the corner of Route 45 and Highfield Drive West-the entrance to the desirable Shires of Cambridge subdivision-it combines privacy, accessibility, and outstanding long-term potential. Large parcels like this are becoming increasingly rare in the Lake Villa/Gurnee area, making this an exceptional opportunity for homeowners, hobbyists, contractors, or developers alike. Property is being sold as part of an estate. Any redevelopment or subdivision potential is subject to buyer due diligence and all applicable governmental approvals.

Listing Courtesy of MRED as distributed by MLS Grid of @properties Christie's International Real Estate



Based on information submitted to the MLS GRID as of 2026-07-27 09:08 PM UTC. 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.
Last checked: 2026-07-27 09:08 PM UTC
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