$599,500
Lake Villa, IL 60046
Rare 2.5-Acre Opportunity in Unincorporated Warren Township! Nestled among beautiful, mature trees and surrounded by newer residential communities, this unique property offers privacy, space, and endless possibilities. The solid, custom-built ranch offers approximately 2,500 square feet of living space and has been lovingly maintained. The home is move-in ready today, with excellent potential for future updates and personalization. Featuring 3 spacious bedrooms, 2 full baths, a large eat-in kitchen, separate dining/family room, and an expansive living room with a beautiful stone fireplace, the home offers generous room sizes and quality construction. The oversized main-level primary suite includes a walk-in closet and private bath. An unfinished basement with crawl space, abundant closet and storage space, and an oversized 2-car garage provide plenty of additional utility. Built in 1971, the home provides a solid foundation for customization while retaining its original craftsmanship and character. Outside, approximately 2.5 wooded acres offer tremendous flexibility-with room for gardens, recreational activities, a workshop, storage building, RV, boat, or other recreational equipment. Whether you're looking for a private estate, a spacious property to make your own, or an investor or builder exploring future redevelopment possibilities, this property deserves a closer look. City water, septic, and utilities are already in place, adding significant value and convenience. Located on the corner of Highfield Drive West at the entrance to the desirable Shires of Cambridge subdivision, the property combines privacy, accessibility, and outstanding long-term potential. Large parcels like this are increasingly rare in the Gurnee area, making this an exceptional opportunity for homeowners, hobbyists, contractors, or developers alike.
Estimated monthly cost for this home
$3,924/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (6.69%, 2026-08-06). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| 2025 property taxes | $7,889/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
Assigned schools per the listing's MRED record. Always verify with the district before you buy.
Elementary
Woodland Elementary School
50
High school
Warren Township High School121
See programs, enrollment & homes near this school →
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of @properties Christie's International Real Estate, listed by James Moser.
Information last updated Aug 12, 2026, 9:33 PM.
36461 US Highway 45
Lake Villa, IL 60046

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.