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USAILLake Villa116 E Monaville Rd
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116 E Monaville Rd, Lake Villa, IL

House

For Sale

Listed price in listed location currency (USD).
$550,000

632

MLS® 12492112

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 4754 sqft
Garage Yes
Taxes $5,415
Days Active 15
Lot Size 
Approx. Age 1917
Avg. Price Per Sqft $115
MLS® Number 12492112

Property Address: 116 E Monaville Rd, Lake Villa, IL, 60046

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number12492112
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1917
BasementUnfinished, Full
DrivewayGarage Door Opener, On Site, Garage Owned, Detached, Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Bedroom 5:Second Floor12 × 15 ft
Other:Main Floor5 × 8 ft
Dining Room:Main Floor14 × 13 ft
Bedroom 2:Main Floor16 × 16 ft
Laundry:Basement10 × 10 ft
Other:Main Floor12 × 16 ft
Bedroom 4:Second Floor15 × 16 ft
Other:Main Floor5 × 12 ft
Other:Second Floor7 × 6 ft
Other:Main Floor11 × 12 ft
Bedroom 3:Main Floor7 × 13 ft
Living Room:Main Floor14 × 17 ft
Kitchen:Main Floor15 × 14 ft
Family Room:Second Floor13 × 12 ft
Other:Main Floor9 × 12 ft
Other:Main Floor12 × 13 ft
Great Room:Second Floor12 × 16 ft
Master Bedroom:Main Floor14 × 17 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 13, 2025List Date
$550,000List Price
  • Commute

Commute

Starting Address
Destination Address
116 E Monaville Rd, Lake Villa, IL

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