SOLD MAR 16, 2026

Sold on Mar 2026

$505,000

•

4,754

sq ft

116 E Monaville Rd, Lake Villa, IL 60046

Track this home’s value and nearby sales activity

About this home

Unique mixed-use opportunity in the heart of Lake Villa! This nearly 5-acre property features two homes and a detached 3-car garage (with 2-car overhead door). The main farmhouse has been thoughtfully converted into a 2-unit residence, offering a total of 5 bedrooms, 3 full baths, 2 kitchens, 3 living rooms, a sunroom, walk-in closet, storage room, and full basement. The original staircase remains, allowing for an easy conversion back to a single-family layout if desired. The second home is a charming ranch featuring 1 bedroom, 1 full bath, kitchen with eating area, and a small office space. In 2nd Home, some windows were replaced approximately 15 years ago, Roof replaced approximately 15 years ago, and Hot Water Heater is 7-8 years old. Some acreage is currently being farmed for hay, providing a serene rural setting while still close to town conveniences. Special financing may be required due to the mixed-use setup. Do not walk the property without an appointment-homes are occupied. See floor plans for detailed layouts of both residences.

Single-familyProperty Type

1917Year Built

$106Price/Sq.Ft.

2 car garageParking

Listed by Nikki Nielsen • Keller Williams North Shore West

Bought with Christine Hjorth • Keller Williams North Shore West

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #12492112

Redfin Estimate

$618,799

$114K since sold in March 2026$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 73.1% higher than the average sale price ($358K) of 4 comparable homes.

SOLD JUN 12, 2026
$380,000
A
5 beds3.5 baths2,102 sq ft
37211 N Sistina Ave, Lake Villa, IL 60046
SOLD JUL 13, 2026
$345,000
B
5 beds3 baths1,822 sq ft
7 Woodhead Dr, Lake Villa, IL 60046
SOLD APR 20, 2026
$295,000
C
4 beds2 baths1,630 sq ft
37146 N Sistina Ave, Lake Villa, IL 60046
SOLD MAR 13, 2026
$410,000
D
4 beds3 baths2,268 sq ft
1900 Burr Oak Ln, Lindenhurst, IL 60046

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Market trends in 60046, IL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.1%

0.3% MoM

Median sale price

$366K

$24K MoM

Avg. days on market

43d

0 days MoM

Recently sold homes

146

24 MoM

New listings for sale

$489,000
4 beds2.5 baths2,500 sq ft
537 Apache Trl, Lake Villa, IL 60046
OPEN TODAY, 1:30PM TO 3:30PM
$349,900
3 beds2 baths1,082 sq ft
36891 N Carol Ln, Lake Villa, IL 60046
NEW 4 HRS AGO
$824,000
— beds— baths— sq ft
24143 W Petite Lake Rd, Lake Villa, IL 60046
EARLY ACCESS
752 Sun Lake Rd, Lake Villa, IL 60046
Unknown
5 beds2.5 baths2,233 sq ft
752 Sun Lake Rd, Lake Villa, IL 60046
EARLY ACCESS
$465,000
2 beds2 baths1,688 sq ft
2861 Briargate Dr, Lindenhurst, IL 60046
HOT HOME
$465,000
3 beds3 baths1,835 sq ft
531 Amherst Dr, Lake Villa, IL 60046
$298,000
3 beds1 bath1,163 sq ft
2323 Carriage Ln, Lindenhurst, IL 60046
$297,900
3 beds2.5 baths1,696 sq ft
472 Heather Ct Unit 40-C2-472, Lindenhurst, IL 60046
$574,750
5 beds2.5 baths3,846 sq ft
1223 Beverly Dr, Lake Villa, IL 60046
EARLY ACCESS
$685,000
5 beds3.5 baths3,520 sq ft
18788 W Wildflower Way, Lake Villa, IL 60046
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Sale and tax history for 116 E Monaville Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$10,578 (+95.3%)

$25,135 + $98,770

$123,905

2024

$5,415 (−5.6%)

$25,135 + $98,770

$123,905

2023

$5,735 (−50.7%)

$23,353 + $92,076

$115,429

2015

$11,631 (−6.4%)

$14,655 + $52,745

$67,400

2013

$12,429 (+11.9%)

$59,178 + $52,530

$111,708

2012

$11,103 (+14.3%)

$60,064 + $53,316

$113,380

2011

$9,715 (+8.8%)

$62,954 + $55,881

$118,835

2010

$8,927 (+8.2%)

$52,175 + $59,146

$111,321

2008

$8,248 (+2.9%)

$54,892 + $62,226

$117,118

2007

$8,014

$51,725 + $58,637

$110,362

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

4.63 Acres

Year renovated

1917

Sq. Ft.

4,242

Year built

1917

Style

Ranch

County

Lake County

APN

06-09-100-016

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

Property details

Parking

Parking Information
# of Garage Spaces: 2
# of Parking (Total): 2
Parking Features: Garage Door Opener, Garage Owned, Detached, Garage

Interior

Bathroom Information
# of Baths (Full): 3

Bedroom Information
# of Bedrooms: 6
# of Bedrooms Possible: 6

Room Information
Room Type: Kitchen- 2nd
Level: Second
Dimensions: 16 x 15

Room Information
Room Type: Bedroom 5
Level: Second
Dimensions: 15 x 12

Room Information
Room Type: Enclosed Porch
Level: Main
Dimensions: 13 x 12

Room Information
Room Type: Storage
Level: Main
Dimensions: 12 x 9

Room Information
Room Type: Great Room
Level: Second
Dimensions: 16 x 12

Room Information
Room Type: Bedroom 6
Level: Main
Dimensions: 16 x 12

Room Information
Room Type: Recreation Room
Level: Main
Dimensions: 12 x 11

Room Information
Room Type: Walk In Closet
Level: Second
Dimensions: 6 x 7

Room Information
Room Type: Kitchen- 2nd
Level: Main
Dimensions: 12 x 5

Room Information
Room Type: Eating Area
Level: Main
Dimensions: 8 x 5

Room Information
Room Type: Bedroom 2
Level: Main
Dimensions: 16 x 16

Room Information
Room Type: Bedroom 3
Level: Main
Dimensions: 13 x 7

Room Information
Room Type: Bedroom 4
Level: Second
Dimensions: 16 x 15

Room Information
Room Type: Dining Room
Level: Main
Dimensions: 13 x 14

Room Information
Room Type: Family Room
Level: Second
Dimensions: 12 x 13

Room Information
Room Type: Kitchen
Level: Main
Dimensions: 14 x 15

Room Information
Room Type: Laundry
Level: Basement
Dimensions: 10 x 10

Room Information
Room Type: Living Room
Level: Main
Dimensions: 17 x 14

Room Information
Room Type: Master Bedroom
Level: Main
Dimensions: 17 x 14
Bath: None

Additional Rooms Information
Basement: Unfinished, Full

Interior Features
# of Rooms: 14

Equipment
Appliances: Range, Refrigerator, Washer, Dryer

Exterior

Building Information
Living Area Source: Assessor
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt
Construction Materials: Vinyl Siding

Property Information
Property Type: Detached Single
Property Type: 2 Stories
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
General Information: School Bus Service
Parcel Number: 06091000160000

Lot Information
Dimensions: 410x531x411x466
Lot Size: 4.0-4.99 Acres
Lot Size Source: County Records
Lot Features: Mature Trees

Financial

Tax Information
Tax Annual Amount: $5,415
Tax Year: 2024
Tax Exemptions: Homeowner,Senior

Financial Information
Finance Code: Exchange
Special Service Area: N

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Heating & Cooling
Heating: Natural Gas, Forced Air, Steam, Baseboard

Location

Homeowners Association Information
Master Association Fee Frequency: Not Required

School Information
Elementary School District: 41
Elementary School: William L Thompson School
Middle Or Junior School District: 41
Middle Or Junior School: Peter J Palombi School
High School District: 127
High School: Grayslake North High School

Location Information
Township: Lake Villa
Corporate Limits: Lake Villa
Directions: Route 83 to Monaville to signs or Cedar Lake Rd to Monaville to signs Property is NOT vacant do not walk without appointment.

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 4,242
Stories: 2.0
Lot Size: 4.63 acres
Style: Ranch
Year Built: 1917
Year Renovated: 1917
County: Lake County
APN: 06-09-100-016

Home facts updated by county records on Jul 15, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: No

Teams Information
Buyer Team Name: Team Hjorth Real Estate

Around this home

Schools

William L Thompson School

Public PreK-5 • Assigned • 0.9mi

7/10

Peter J Palombi School

Public 6-8 • Assigned • 0.9mi

5/10

Grayslake North High School

Public 9-12 • Assigned • 2.0mi

8/10

Provided by GreatSchools

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.62% chance of being in a wildfire in next 30 years

2/10 Heat Factor

7 days above 100° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Lake Villa, IL • 60046

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.1 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.

10.1 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$588,000 – $712,000

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NEW 4 HRS AGO

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24143 W Petite Lake Rd, Lake Villa, IL 60046

EARLY ACCESS

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752 Sun Lake Rd, Lake Villa, IL 60046

EARLY ACCESS

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HOT HOME

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Home values near 116 E Monaville Rd

Data from public records.

Address	Redfin Estimate
88 E Monaville Road, Lake Villa, IL 3 Beds \| 1.5 Baths \| 1272 Sq. Ft.	$320,151
175 E Monaville Road, Round Lake Beach, IL 4 Beds \| 4 Baths \| 4365 Sq. Ft.	$515,587

Address	Redfin Estimate
44 E Monaville Road, Lake Villa, IL 4 Beds \| 1.5 Baths \| 1564 Sq. Ft.	$308,418
22828 W Monaville Road, Lake Villa, IL - Beds \| - Baths \| - Sq. Ft.	$47,412

Address	Redfin Estimate
22763 W Monaville Road, Lake Villa, IL 3 Beds \| 1.5 Baths \| 1141 Sq. Ft.	$297,328
194 Wildflower Lane, Round Lake Beach, IL 3 Beds \| 2.5 Baths \| 2210 Sq. Ft.	$387,312

Property information provided by MRED as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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116 E Monaville Rd, Lake Villa, IL 60046

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About this home

Redfin Estimate

Market trends in 60046, IL

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Sale and tax history for 116 E Monaville Rd

Public record

Property details

Parking

Interior

Exterior

Financial

Utilities

Location

Public facts

Other

Around this home

Schools

Climate risks

Historical weather

Sun exposure

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Home values near 116 E Monaville Rd

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