Grayslake, IL, Real Estate

Grayslake, Illinois, is a charming village in Lake County, about 40 miles north of Chicago, blending small-town warmth with convenient access to urban amenities. Known for its vibrant community and picturesque settings, Grayslake boasts a bustling downtown with local shops, restaurants, and the historic Grayslake Heritage Center & Museum, which celebrates the village’s rich history. The area is home to scenic lakes, parks, and trails, including the popular Rollins Savanna Forest Preserve, offering residents and visitors ample opportunities for outdoor recreation. With a strong sense of community, top-rated schools, and events like the Grayslake Farmers Market and summer festivals, Grayslake is a welcoming destination for families and professionals alike.

Grayslake currently has 67 single family homes for sale with an average list price of $404,794.67, 22 townhouses for sale with an average list price of $312,731.36, 6 condos for sale with an average list price of $250,000, and 16 lots for sale with an average list price of $1,394,806.25. The average annual property tax for Grayslake is $7,259.65.

Schools

School District Level Grades
Adler Park School Libertyville District 70 Elementary P-5
Avon Center Elementary School Community Consolidated School District 46 Elementary K-4
Butterfield School Libertyville District 70 Elementary K-5
Fremont Elementary School Fremont School District 79 Elementary K-2
Grass Lake Elementary School Harrison School District 36 Elementary P-8
Meadowview School Community Consolidated School District 46 Elementary K-4
Mechanics Grove Elementary School Mundelein School District 75 Elementary 2-5
Prairieview School Community Consolidated School District 46 Elementary P-4
Robert Crown Elementary School Wauconda Community Unit School District 118 Elementary P-5
Woodland Elementary School Woodland School District 50 Elementary 1-3
Woodland Intermediate School Woodland School District 50 Elementary 4-5
Woodland Primary School Woodland School District 50 Elementary P,K
Woodview School Community Consolidated School District 46 Elementary K-4
Carl Sandburg Middle School Mundelein School District 75 Middle 6-8
Frederick School Community Consolidated School District 46 Middle 5-6
Fremont Middle School Fremont School District 79 Middle 6-8
Grayslake Middle School Community Consolidated School District 46 Middle 7-8
Highland Middle School Libertyville District 70 Middle 6-8
Matthews Middle School Wauconda Community Unit School District 118 Middle 6-8
Woodland Middle School Woodland School District 50 Middle 6-8
Grayslake Central High School Grayslake Community High School District 127 High 9-12
Grayslake North High School Grayslake Community High School District 127 High 9-12
Libertyville High School Community High School District 128 High 9-12
Mundelein Cons High School Mundelein High School District 120 High 9-12
Warren Township High School Warren Township High 9-12
Wauconda Community High School Wauconda Community Unit School District 118 High 9-12
Show all 26 schools

Schools

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Absorption Report

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Grayslake, i.e. what's hot and what's not.

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Recent Sales

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Train Stations

Station Line(s) Address
Grayslake Line(s): Milwaukee District / North Line (MD-N) [Address Unavailable], Grayslake View Commute
Washington St. / Grayslake Line(s): North Central Service (NCS) 330 Washington St., Grayslake View Commute

Train Stations

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Subdivisions/Buildings

Subdivisions/Buildings Median Price
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Allen Farm

Allen Farm is a single-family home community in Grayslake, Illinois, built between 1920 and 2005. It currently has 1 single family home for sale with a list price of $429,900. The homes range in size from 960 ft2 to 2,229 ft2. The average annual property tax for Allen Farm is $4,929.44. It is located in Lake County. Allen Farm is a single family home subdivision. Allen Farm is located in Grayslake, Illinois east of Route 45 and south of Gages Lake Road. ... Read more
Median Price: $212,000
Arbor Vista

Arbor Vista

Arbor Vista is a single-family home community in Grayslake, Illinois, built between 1925 and 1987. It currently has 4 single family homes for sale with an average list price of $642,225. The homes range in size from 1,722 ft2 to 5,500 ft2. The average annual property tax for Arbor Vista is $10,800.89. It is located in Lake County. Arbor Vista is a custom home neighborhood located on Arbor and 45 in Grayslake, Illinois. Arbor Vista features 131 homes backing to the Liberty Prairie Reserve a 5,800-acre focus area in central Lake County where 3,200 acres of public and private lands. Arbor Vista has ranches, split-levels, two-story colonials and contemporary homes. The community prior to development was the estate of Frederick and Mary Dobe. ... Read more
Median Price: $590,000
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Asters on Almond

Asters on Almond is a townhouse and condo community in Grayslake, Illinois, built between 1997 and 2001. It currently has 1 townhouse for sale with a list price of $449,000. The homes range in size from 2,431 ft2 to 4,160 ft2. The average annual property tax for Asters on Almond is $10,747.48. It is located in Lake County. Asters on Almond is a townhouse community built in 1997 by Interlacken Construction. Asters on Almond features 62 town homes with five floor plans and is surrounded by protected conservancy. Asters on Almond is located in Grayslake, Illinois on Almond south of Gages Lake Road. ... Read more
Median Price: $442,500
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Avon on The Prairie

Avon on The Prairie is a single-family home community in Grayslake, Illinois, built in 1984. It currently has no homes for sale. The homes have an average size of 1,500 ft2. The average annual property tax for Avon on The Prairie is $7,600.32. It is located in Lake County. Avon on The Prairie is a single family neighborhood in Grayslake, Illinois. Avon on The Prairie is located on Sheffield off Atkinson and Center east of 83. ... Read more
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Barron & Vonachens

Barron & Vonachens is a single-family home community in Grayslake, Illinois, built in 1977. It currently has no homes for sale. The homes range in size from 1,760 ft2 to 2,416 ft2. The average annual property tax for Barron & Vonachens is $9,168.47. It is located in Lake County. Barron & Vonachens is a single family home subdivision built in the 1950's. Barron & Vonachens is located in Grayslake, Illinois off of Route 83 south of Washington Street. ... Read more
Show all 64 Subdivisions/Buildings

Subdivisions/Buildings

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Market Trends

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Nearby Parks

Alleghany Park

31999 N. Alleghany Road
Baseball Diamonds Fishing Parking Picnic Area Playground Restrooms Shelter Soccer Fields Tennis Courts

Cambridge Park

291 Buckingham Dr.
Basketball Courts Fishing Ice Skating Rink Picnic Area Playground Pond Shelter Tennis Courts

Canterbury Park

355 Ashford Lane
Biking Paths Playground

Central Park

250 Library Lane
Baseball Diamonds Biking Paths Fishing Football Field Playground Pond Restrooms Softball Fields

Cherry Creek Park

660 Shakespeare Drive
Biking Paths

Chesapeake Landing

965 Chesapeake Blvd.
Biking Paths Fishing Ice Skating Rink Playground

College Trail Park

Cambridge Drive
Fishing Playground Pond

Creekside Park

725 Walton Lane
Biking Paths Playground

Cullen Park

Atla Street
Basketball Courts Playground

Doolittle Park

N. Lake Street
Baseball Diamonds Pond Soccer Fields Softball Fields

East Lake Farms Park

310 Sommerset Drive
Trails

Hunter's Cove Park

66 Bobolink Drive
Basketball Courts Biking Paths Playground

Jaycee Park

corner of Proctor & Westerfield Pl
Baseball Diamonds Picnic Area Playground Shelter Softball Fields Tennis Courts

John Gage Park

610 Osage Orange Road
Baseball Diamonds Biking Paths Soccer Fields Softball Fields

Jones Island Park

243 Harvey Avenue
Basketball Courts Beach Biking Paths Boating Fishing Soccer Fields Softball Fields

Lexington Woods Park

652 Sycamore Lane
Biking Paths

Meadowview Woods Park

291 Lexington Lane
Baseball Diamonds Basketball Courts Biking Paths Playground Softball Fields Tennis Courts

Mill Creek Park

1125 N. Atkinson Road
Biking Paths Picnic Area Playground Soccer Fields

Molly's Pond

890 Alleghany Road
Biking Paths Fishing Ice Skating Rink

Prairie Towne Park

345 Kerry Way
Biking Paths

Rollins Savanna Forest Preserve

West Washington Street and North Atkinson Road
Biking Paths Cross-Country Skiing Fishing Hiking Paths Parking Picnic Area Pond Restrooms Snowmobiling

School Trail Park

575 Alleghany Road
Basketball Courts Biking Paths Picnic Area Playground Shelter Tennis Courts Volleyball Courts

Sunrise Park

N. Drury Lane
Basketball Courts Biking Paths Picnic Area Playground Shelter Tennis Courts Volleyball Courts

Tooterville Park

411 Signal Lane
Basketball Courts Biking Paths Horseshoes Picnic Area Playground Shelter Volleyball Courts

Valley Forge Park

945 Mt. Vernon Drive
Basketball Courts Playground

West Trail Park

109 Park Drive
Biking Paths

Yogi Bear Park

1195 Popes Creek Circle
Playground
Show all 27 parks

Nearby Parks

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Nearby Golf Courses

Brae Loch Country Club

33600 N US Highway 45, Grayslake, IL 60030
Par 70 • 70 holes • 5876 yards

Nearby Golf Courses

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Real Estate News

New Homes For Sale This Week in Grayslake: July 18th to July 24th

New Homes For Sale This Week in Grayslake: July 18th to July 24th - July 25, 2025

Grayslake had 9 new homes for sale during the week of Friday, July 18 to Thursday, July 24, including including 2 single family homes for sale with an average list ... continue reading
New Construction Homes For Sale This Week in Grayslake: July 16th to July 22nd

New Construction Homes For Sale This Week in Grayslake: July 16th to July 22nd - July 23, 2025

Grayslake had only 1 new construction home during the week of Wednesday, July 16 to Tuesday, July 22, and it was a townhouse for sale with a list price of ... continue reading
Homes Just Sold in Grayslake: July 15th to July 21st

Homes Just Sold in Grayslake: July 15th to July 21st - July 22, 2025

Grayslake had 14 sales during the week of Tuesday, July 15 to Monday, July 21, including including 10 single family homes for sale with an average list price of $446,380, ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Grayslake: July 12th to July 18th

New Homes with Master Bedrooms on the 1st Floor in Grayslake: July 12th to July 18th - July 19, 2025

Grayslake had 3 new homes for sale with a master bedroom on the first floor during the month of Saturday, July 12 to Friday, July 18, including 3 single ... continue reading
New Homes For Sale This Week in Grayslake: July 11th to July 17th

New Homes For Sale This Week in Grayslake: July 11th to July 17th - July 18, 2025

Grayslake had 16 new homes for sale during the week of Friday, July 11 to Thursday, July 17, including including 11 single family homes for sale with an average list ... continue reading
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