$599,000 / 5br - 5 Bedroom 4 Bathroom House for sale in Grayslake, Illinois (Grayslake, Illinois)

Owner financing at 4.9% interest to well qualified buyer. Owner will pay 2% commission to buyer's agent. Welcome to this spacious 5-bedroom, 2-bath ranch-style home located on a large triple lot in the heart of Grayslake. The Mayor's House- This house was built by and for the Mayor of Grayslake at the time, and was the largest house in Grayslake. With generous indoor and outdoor living space, this property offers room to relax, gather, and make your own. The main floor is a massive ranch with three bedrooms and huge living room with fireplace. The kitchen is extra large with 37 feet of counter space, extra large refrigerator and chest freezer and hardwood floors- also in all three bedrooms. Downstairs, you’ll find a fully finished basement with two oversized rec rooms, two fireplaces, and Gandy premium pool table ready for fun and entertaining. Step outside to enjoy a huge fenced-in backyard featuring a large in-ground pool with diving board and a sprawling paver patio with a built-in BBQ — perfect for outdoor entertaining and summer relaxation. The pool is concrete with steps at the 3 foot shallow end and 9 feet at the deep end with diving board. New heater. The home includes two garages with space for up to six vehicles, plus a separate attached building with four rooms, a kitchen, full bath, and laundry — ideal for a home office, guest space, studio, or hobby area. Detached garage is 84 feet x 24 feet with 24 x 33 garage, 24 x 36 feet hobby room and 24 x 24 photo studio. Features: • 5 bedrooms, 2 full bathrooms • Finished basement with two rec rooms • Two fireplaces • Inground pool, hot tub, and large patio with built-in BBQ • Two garages (6-car total capacity) • Attached office building with kitchen, bath, and laundry • 200' x 150' Triple lot with fenced yard • Convenient location near downtown, Metra, schools, and parks. Square footage- House- 5,500 Attached garage- 730 Office Building- 550 Detached garage 2,000 Total- 8,750 square feet, priced at $68 per square foot. This home has always felt like a peaceful retreat right in the heart of town. We’ve loved being just a short walk from downtown Grayslake, with its charming shops, local restaurants, and community events — yet still having so much space and privacy at home.