Grayslake · Lake County · IL
Homes for sale in
College Trail.
- Active listings
- 2
- Median list
- $377K
- Avg time on market
- 14 days
- Sold · last year
- 18
Active listings
2 homes on the market
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About the community
A green, mixed-housing planned community next to the College of Lake County.
College Trail is a planned residential community on the west side of Grayslake in central Lake County, on Center Street just west of Route 45 near the main campus of the College of Lake County, which gives the neighborhood its name. Developed by Cambridge Homes and built out largely across the 1990s, its defining feature is a large network of protected open space woven through the streets, with a central pond, walking trails, and several neighborhood parks. The housing is an unusually wide mix, from smaller attached garden homes and townhomes to larger detached houses, so a buyer can find very different products within the same subdivision.
At a glance
About 53 acres of open space
Protected open space threaded through the neighborhood, with a central pond, trails, and multiple parks.
A wide mix of home types
Detached single-family homes alongside townhomes and smaller garden homes, spanning a broad size range.
Grayslake schools, verify by address
Likely Grayslake CCSD 46 and Grayslake CHSD 127, but some data lists parts under Woodland District 50, so confirm by address.
Central pond and parks
A neighborhood pond used for fishing and winter skating, plus playgrounds and tennis and basketball courts.
Two Metra lines in Grayslake
The Milwaukee District North and North Central Service lines both serve Grayslake, with a two-line stop at Prairie Crossing.
Next to College of Lake County
The CLC main campus is adjacent, adding library, fitness, arts, and continuing-education access.
What’s close
College Trail sits on Center Street just west of Route 45 in Grayslake, next to the College of Lake County and close to downtown Grayslake, two Metra lines, and I-94.
- Amenities on-site
- Roughly 53 acres of open space, a central pond, walking and bike trails, and multiple neighborhood parks with playgrounds and courts.
- Schools
- Likely Grayslake CCSD 46 (Woodview, Frederick, Grayslake Middle) and Grayslake Central in CHSD 127. Some data lists parts under Woodland District 50, so confirm the exact schools by address.
- Shopping
- Downtown Grayslake's historic village center, plus retail along Route 120 and the corridors toward Round Lake Beach and Gurnee, including Gurnee Mills.
- Hospital
- Northwestern Medicine Grayslake outpatient and emergency center on Belvidere Road, with Advocate Condell in Libertyville the nearest hospital.
- Train
- Metra service on two lines, the Milwaukee District North and North Central Service, plus the two-line Prairie Crossing station.
- Highway
- Route 120 and Route 83 as the main arterials, with I-94 (Tri-State) a short drive for Chicago and Milwaukee commuting.
What it’s actually like to live here
College Trail is a practical, well-rooted Grayslake neighborhood that tends to appeal to first-time buyers, right-sizers, and families who want green space and a walkable street grid without a luxury price tag. The open space is the everyday draw: kids and dogs on the trails, a pond that fishes in summer and freezes for skating in winter, and pocket parks with courts and playgrounds close to most front doors. Being next to the College of Lake County adds a quiet institutional anchor and easy access to a library, gym, and adult-education classes, and the surrounding forest preserves extend the outdoor options well beyond the subdivision line.
The location is a commuter's neighborhood in the best sense. With two Metra lines running through Grayslake and a two-line stop at Prairie Crossing, downtown-Chicago and North Shore commuting is realistic by train, and I-94 is a short drive for those who prefer the car. Day-to-day shopping, dining, and medical care are all within a few minutes, from Grayslake's charming historic downtown to the bigger-box corridors toward Gurnee. The wide mix of home types is a real advantage, since a household can move up from a townhome to a detached house without leaving the neighborhood or the school community.
The honest tradeoffs are the ones common to this part of Lake County. Property taxes are high, running meaningfully above national norms, and that carrying cost should be modeled into any purchase. The housing stock is largely 1990s production-built, so buyers should expect original-era systems and finishes in some homes and budget for updates. The type diversity that makes the neighborhood flexible also means the streetscape and the association situation are not uniform: dues, coverage, and even school assignment can differ from one block or product to the next, so it pays to verify the specifics for the exact address.
Market trends
Why this market moves the way it does
College Trail trades as an attainable, green, mixed-housing option in Grayslake, and value here leans on the open space, the two-line Metra access, and the flexibility of moving between home types within one neighborhood. The wide product range creates a broad spread from entry-level townhomes to larger detached houses.
What holds value
The fundamentals matter more than the cosmetics here. Buyers want floor plan, lot, and basement, in that order. Cosmetics are the tiebreaker.
- Open space and trails
- About 53 acres of protected open space, a pond, and parks give the neighborhood a durable, parklike draw.
- Move-within flexibility
- A mix of townhomes, garden homes, and detached houses lets buyers step up without leaving the community or school area.
- Two-line Metra access
- Milwaukee District North and North Central Service, plus the two-line Prairie Crossing stop, make it a genuine commuter neighborhood.
- Updated homes stand out
- With largely 1990s production stock, renovated homes differentiate themselves and support resale.
Real talk
Who shouldn’t buy here
Here is the honest version before you tour.
School assignment is the biggest thing to verify here. Data sources disagree, with most pointing to Grayslake CCSD 46 and CHSD 127 but some listing parts of the area under Woodland District 50. Do not assume a single assignment; confirm the exact elementary, middle, and high school for the specific address with the districts.
The housing is largely 1990s production-built, so expect original-era systems and finishes in some homes and budget for updates. Because the neighborhood spans several product types, the association situation and dues are not uniform, so read the specific sub-association's documents.
Lake County property taxes are high, and Grayslake sits above the county average. Pull the actual bill for the specific parcel, since effective rates can vary house to house across the different housing types and possible district lines.
One piece of advice
“College Trail is a great fit for buyers who want green space, trails, and a real two-line Metra commute in Grayslake, with the flexibility to move from a townhome to a detached house without leaving the neighborhood. Just confirm the school assignment by address, read the specific sub-association's dues and documents, and budget for the Lake County tax bill. Do that and it is a lot of livable, connected neighborhood for the price.”
The questions buyers actually ask
College Trail FAQ
The questions I get most from buyers shopping College Trail. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- College Trail includes homeowners associations that vary by housing type. Attached homes (townhomes and garden homes) generally carry a monthly assessment, commonly reported in the mid to high $200s, while many detached single-family homes carry little or no fee. Dues typically fund common-area and open-space maintenance, and for attached homes often exterior and landscaping items. Coverage differs by sub-association, so confirm the exact dues and inclusions for the specific home during the transaction.
- What are property taxes like?
- Roughly $10,000 – $13,000 per year, depending on home size and value. Lake County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- When was College Trail built?
- Cambridge Homes built the community between 1991 and 1999. Cambridge Homes stopped new construction in 1999, so every sale today is a resale.
- What's the typical closing timeline?
- 30 to 60 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 60.
- Who built College Trail and when?
- It was developed by Cambridge Homes and built out largely in the 1990s, with a broad catalog of floor plans across single-family, townhome, and garden-home styles.
- What kinds of homes are here?
- A genuine mix: detached single-family houses alongside townhomes and smaller attached garden homes, spanning a wide size range from compact attached plans up to larger detached models with two to five bedrooms depending on the plan.
- Is there an HOA, and what does it cover?
- Yes, and dues vary by housing type. Attached homes typically carry a monthly assessment, commonly reported in the mid to high $200s, while many detached homes carry little or no fee. Coverage differs by sub-association, so confirm the exact dues and inclusions for the specific home.
- What schools does College Trail attend?
- Grade-school children most likely attend Grayslake CCSD 46, with Grayslake Central in CHSD 127 for high school. Some data sources also list part of the area under Woodland District 50, so the exact elementary, middle, and high school must be confirmed by address with the districts before you rely on it.
- How is the commute to Chicago?
- Strong for the area. Grayslake has Metra service on two lines, the Milwaukee District North and North Central Service, plus the two-line Prairie Crossing station, and I-94 is a short drive for car commuters.
- What do homes cost and how is the market right now?
- College Trail is generally on the more attainable end of the Grayslake market, and the wide range of home types means a broad spread from entry-level townhomes to larger detached houses. For current pricing and up-to-date market activity, see the live Market snapshot on this page.
- Who is the real estate agent for College Trail?
- Joe Keegan is the local licensed Illinois real estate broker who covers College Trail in Grayslake, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for College Trail specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Your local agent
Joe knows College Trail
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Grayslake specialist
- Honest local market take
- Brokerocity
Market snapshot
College Trail, by the numbers
Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.
Typical list price
$377,450
Typical sale price · last 90 days
$481,056
Homes for sale right now
2
Avg time on market
14 days
Sold in the last year
18
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 7, 2025 through August 7, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.
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