***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!
38764 N Gratton Road, Lake Villa, IL 60046 Find on Map
Sold for $575,587 ($147/SQ FT)
Estimated $4,060/month View My Payment
4 Bedrooms | 4 Full Baths, 0 Half Baths
MLS#: 11478564 | Status: Sold on Oct 13, 2022
