116 E Monaville Rd

Lake Villa, IL 60046

$525,000
Price
6
Beds
4,754 Sq. Ft.
$110 / Sq. Ft.
4,754
Sq. Ft.
$110
per Sq. Ft.
a front view of house with yard
a view of a hallway with workspace and a window
a room with painting on the wall and a potted plant
a living room with furniture and a chandelier
a living room with furniture and a large window
a living room with furniture and a large window
a living room with furniture and a large window
a kitchen with stainless steel appliances granite countertop a sink a stove and cabinets
a kitchen with stainless steel appliances granite countertop sink stove top oven and cabinets
a white kitchen with stainless steel appliances granite countertop a refrigerator a stove a sink dishwasher a dining table and chairs with wooden floor
a kitchen with stainless steel appliances granite countertop a stove and a refrigerator
a view of a dining room with furniture window and outside view
a living room with furniture and a chandelier
a outdoor space with lots of furniture and windows
a outdoor space with furniture
a bedroom with a bed and a window
a bathroom with a toilet a sink and a mirror
a bathroom with a sink vanity and a mirror
a living room with furniture and a window
a living room with furniture and a large window
a bathroom with a sink a toilet a mirror and shower curtain
a bathroom with a granite countertop sink and a mirror
a living room with furniture and a window
a living room with furniture and a flat screen tv
a living room with furniture a ceiling fan and a book shelf
a kitchen with a table chairs refrigerator and cabinets
a kitchen with kitchen island granite countertop a sink a center island and stainless steel appliances
a view of a dining room with furniture and a chandelier fan
a kitchen with stainless steel appliances granite countertop a sink a stove and white cabinets
a spacious bedroom with a bed and a chandelier
a bedroom with a bed and a chandelier
a view of a workspace with furniture and a window
a view of a livingroom with furniture and a flat screen tv
a view of a hallway with windows and entryway
a view of a house with a yard
a front view of a house with a yard
a view of a park with large trees
a view of a house with a yard
a living room with furniture a window and a flat screen tv
a living room with furniture a flat screen tv and a fireplace
a kitchen with stainless steel appliances kitchen island granite countertop a table chairs in it and wooden floors
a kitchen with a sink a stove and a refrigerator
a room with furniture and a flat screen tv
a room with a window and a table
a bedroom with a bed and a flat screen tv
a bathroom with a sink and a mirror

Description

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...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.
  1. Listed by Nikki Nielsen • Keller Williams North Shore West
    P: (847)-652-3786 C: (847)-652-3786 Nikkinielsenrealestate@gmail.com

Property Details for 116 East Monaville Road

Area
Lake Villa / Lindenhurst
Township
Lake Villa
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Air Conditioning Type
None
Heat/Fuel
Natural Gas, Forced Air, Hot Water/Steam, Baseboard
Architectural Style
Farmhouse
LISTING UPDATED: 11/16/2025 12:07 AM

Property Details for 116 East Monaville Road

StatusActive
MLS #12492112
Days on Market117
Taxes$5,415 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeDetached Single / 2 Stories
Year Built1917
Lot Size-
CountyLake County

Location

Listing Courtesy of Keller Williams North Shore West
Add your commute

Building Information for 116 East Monaville Road

Stories-Year Built1917Building Size-Lot Size-

Payment Calculator

$3,045 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,594

Property Taxes

$451

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 116 East Monaville Road

General Information
School Information
  • Elementary School District: 41
  • Elementary School: William L Thompson School
  • Jr High Middle School: Peter J Palombi School
  • High School District: 127
  • High School: Grayslake North High School
  • Middle Or Junior School District: 41
Addtl Parking Information
  • Parking Details: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Taxes and HOA Information
  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 14
  • Bedrooms Total: 6
  • Bedrooms (Below Grade): 0
  • Basement Type: Unfinished, Full
  • Bedrooms Possible: 6
  • Air Conditioning: None
  • Basement Bathrooms: No
  • Room Type: Kitchen, Bedroom 5, Bedroom 6, Eating Area, Enclosed Porch, Great Room, Recreation Room, Storage, Walk In Closet
  • Num of Baths: 3.0
Exterior Features
  • Type: 2 Stories
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Appliances: Range, Refrigerator, Washer, Dryer
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Type Detached: 2 Stories
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Description: Mature Trees
  • Lot Size: 4.0-4.99 Acres
  • Lot Size Source: County Records
  • Lot Dimensions: 410x531x411x466
  • Other Structures: Guest House
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Construction: Vinyl Siding
  • Roof Type: Asphalt
  • General Information: School Bus Service
  • Living Area Source: Assessor
  • Assessor Square Footage: 4754
Property and Assessments
  • Possible Use: Horses
  • Buyer Financing: Cash
  • Public Document Count: 4
  • Document Date: 2025-10-09T18:21:46
  • Photos Count: 59
  • OpenHouse Count: 2
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: None
  • Master Bedroom Dimensions: 17X14
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 16X16
Bedroom #3 Information
  • 3rd Bedroom Level: Main
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 13X7
Bedroom #4 Information
  • 4th Bedroom Level: Second
  • Room Type: Bedroom 4
  • Bedroom #4 Room Dimensions: 16X15
Bedroom #5 Information
  • 5th Bedroom Level: Second
  • Room Type: Bedroom 5
  • Bedroom #5 Room Dimensions: 15X12
Bedroom #6 Information
  • 6th Bedroom Level: Main
  • Room Type: Bedroom 6
  • Bedroom #6 Room Dimensions: 16X12
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: 13X14
Family Room Information
  • Family Room Level: Second
  • RoomType_FR: Family Room
  • Family Room Dimensions: 12X13
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 14X15
Laundry Information
  • Laundry Level: Basement
  • Room Type: Laundry
  • Laundry Dimensions: 10X10
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 17X14
Walk In Closet 1 Information
  • Room Level: Second
  • Room Type: Walk In Closet
  • Dimensions: 6X7
Storage Room 1 Information
  • Room Level: Main
  • Room Type: Storage
  • Dimensions: 12X9
Recreation Room Information
  • Room Level: Main
  • Room Type: Recreation Room
  • Dimensions: 12X11
Eating Area Information
  • Room Level: Main
  • Room Type: Eating Area
  • Dimensions: 8X5
Enclosed Porch Information
  • Room Level: Main
  • Room Type: Enclosed Porch
  • Dimensions: 13X12
Kitchen- 2nd Information
  • Room Level: Main
  • Room Type: Kitchen- 2nd
  • Dimensions: 12X5
Great Room Information
  • Room Level: Second
  • Room Type: Great Room
  • Dimensions: 16X12

Property History for 116 East Monaville Road

DateEvent & SourcePriceAppreciation
Nov 10, 2025

Price Change

MRED #12492112

$525,000—
Oct 13, 2025

Listed (Active)

MRED #12492112

$550,000—
DateEvent & SourcePrice
11/10/2025

Price Change

MRED #12492112

$525,000
10/13/2025

Listed (Active)

MRED #12492112

$550,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 116 East Monaville Road

This home is within Grayslake Chsd 127 School District.
Rating
School
Type
Grades
Distance
William L Thompson School
Public - PK to 5
Peter J Palombi School
Public - 6 to 8
Grayslake North High School
Public - 9 to 12
Calvary Christian Center
Private - PK to 5
Rating
School
Distance
William L Thompson School
PublicPK to 5

Peter J Palombi School
Public6 to 8

Grayslake North High School
Public9 to 12

Calvary Christian Center
PrivatePK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 116 East Monaville Road, Lake Villa, IL 60046

116 East Monaville Road is a single family home for sale in Lake Villa, IL 60046. This property was listed for sale on October 13, 2025 by Keller Williams North Shore West, it's currently listed at $525,000. This listing's school districts are Lake Villa Central Consolidated School District 41, Grayslake Chsd 127 School District. Nearby schools include William L Thompson School, Peter J Palombi School and Grayslake North High School. 116 East Monaville Road is a 6-bed, 3-bath, 4,754 sqft single family home built in 1917.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams North Shore West

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/16/2025 12:07 AM. 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.