.. .and it’s even more beautiful in person! This listing includes 2 parcels (home is on . 337) plus 3.593 acres in Forest Preserve. This home has been preinspected, radon tested and sewer scoped for the Buyers. .. truly move in ready! This one-of-a-kind beautiful cottage type feel home "in the woods" but yet nestled in the heart of the City in a fabulous location to bike paths, Gray's lake and downtown. This home has the character and charm of it's time with wooden floors in the formal dining room. The 3 skylights bring in the natural light and the north side of the home captures a beautiful scene of the wooded area behind them. The backyard welcomes deer, turkeys, etc. The main level is perfect for entertaining in the spacious kitchen with an eat-in area, formal dining and family room. Upstairs, there are 4 bedrooms (the master suite makes you feel pampered)! The lower level walkout has a family/rec room, office, mechanical room and storage. See attached list of Improvements.
Fantastic in-town acreage! Well maintained 4BR two story w/ over 3000sf finished plus additional finished basement of nearly 800sf! 1st floor family room addition that overlooks nearly 4 acres m/l of forest preserve. House is professionally decorated and designed. Two woodburning fireplaces, center island kitchen, 4 updated baths including 3 upstairs plus stool in lower level. All high quality fixtures. All appliances & washer/dryer included. Office with fireplace plus rec room or 2nd family room in walkout basement. Recently replaced (2006) cedar shake roof and brick exterior and fireplace chase. Custom designed landscaping and patio areas with park like setting. close to everything including, downtown, airport, WDM historic area and water works/Grayslake parks. Home warranty included.
DMMLS #390521
Aug 1, 2012
Listing Removed
—
Sep 20, 2011
Listed
$340,000
$113/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$11,046 (−2.0%)
$49,900 + $567,200
$617,100
2024
$11,272 (+9.2%)
$43,900 + $506,300
$550,200
2023
$10,326 (+47.1%)
$43,900 + $529,100
$573,000
2022
$7,020 (−5.7%)
$34,900 + $403,200
$438,100
2021
$7,442 (−3.7%)
$34,900 + $274,200
$309,100
2020
$7,726 (+8.2%)
$34,900 + $274,200
$309,100
2019
$7,142 (+1.1%)
$34,700 + $272,100
$306,800
2018
$7,066 (+6.5%)
$34,700 + $272,100
$306,800
2017
$6,632 (+7.8%)
$30,000 + $244,300
$274,300
2016
$6,150 (+6.5%)
$27,400 + $226,300
$253,700
2013
$5,776
$25,600 + $214,600
$240,200
Tax history for 3000 SW 40th St
Year
Property tax
Land + Additions
Assessment*
2025
$11,046 (−2.0%)
$49,900 + $567,200
$617,100
2024
$11,272 (+9.2%)
$43,900 + $506,300
$550,200
2023
$10,326 (+47.1%)
$43,900 + $529,100
$573,000
2022
$7,020 (−5.7%)
$34,900 + $403,200
$438,100
2021
$7,442 (−3.7%)
$34,900 + $274,200
$309,100
2020
$7,726 (+8.2%)
$34,900 + $274,200
$309,100
2019
$7,142 (+1.1%)
$34,700 + $272,100
$306,800
2018
$7,066 (+6.5%)
$34,700 + $272,100
$306,800
2017
$6,632 (+7.8%)
$30,000 + $244,300
$274,300
2016
$6,150 (+6.5%)
$27,400 + $226,300
$253,700
2013
$5,776
$25,600 + $214,600
$240,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
5
Baths
3.5
Stories
2
Lot width
88 ft.
Lot depth
157 ft.
Lot size
0.34 Acres
Year renovated
—
Sq. Ft.
3,005
Year built
1966
Style
Single Family Residential
County
Polk County
APN
01003971032000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
N3A
Neighborhood District
N3a is intended to preserve the scale and character of residential neighborhoods developed predominantly during the 1950s, 1960s, and 1970s, typically in the ranch or split-level style pursuant to House B building type in section 135- 2.14 of this code.
Permitted uses
Include but are not limited to:
Housing-Single unit
Infrastructure
Sep 3, 2025 • Final
Mechanical (residential) - other
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.