116 E Monaville Rd, Lake Villa, IL 60046
SOLD
MAR 16, 2026

116 E Monaville Rd
Lake Villa, IL 60046

  • 6 Beds
  • 3 Baths
  • 4,754 sqft

$505,000

Last Sold: Mar 16, 2026
4% below list $525K
$106/sqft
Est. Refi. Payment $3,685/mo*
Refinance Your Home

$505,000

Last Sold: Mar 16, 2026
4% below list $525K
$106/sqft
Est. Refi. Payment $3,685/mo*
Refinance Your Home
6 Beds
3 Baths
4,754 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from March 17, 2026

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$106/sqft
Listed
180+ days ago

Home Details for 116 E Monaville Rd

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Unfinished,FullNumber of Rooms: 14Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Dining Room, Eating Area, Enclosed Porch, Family Room, Great Room, Kitchen, Kitchen 2 Nd, Laundry, Living Room, Recreation Room, Storage, Walk In Closet
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 4754 Square Feet
Appliances & Utilities
Appliances: Range, Refrigerator, Washer, DryerDryerRefrigeratorWasher
Heating & Cooling
Heating: Natural Gas,Forced Air,Steam,BaseboardNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Accessibility: No Disability Access
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltOther Structures: Guest House
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Garage Door Opener,Yes,Garage Owned,Detached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1917
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Farmhouse
Building
Construction Materials: Vinyl SidingNot a New ConstructionNo Additional Parcels
Property Information
Usage of Home: HorsesParcel Number: 06091000160000

Price & Status

Price
List Price: $525,000Price Per Sqft: $106/sqft
Status Change & Dates
Off Market Date: Wed Jan 28 2026Possession Timing: Close Of Escrow

Location

Direction & Address
City: Lake Villa
School Information
Elementary School: William L Thompson SchoolElementary School District: 41Jr High / Middle School: Peter J Palombi SchoolJr High / Middle School District: 41High School: Grayslake North High SchoolHigh School District: 127

Agent Information

Buyer Agent
Buyer Company Name: Team Hjorth Real Estate

HOA

HOA Fee Includes: None

Listing Info

Special Conditions: None

Offer

Listing Terms: Exchange

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12492112

Additional Information

Source Internet Entire Listing DisplayMRD Listing On IDX Display: YesMRD REMARKSINTERNET: YesSource Internet Address Display
Last check for updates: about 12 hours ago
Listed by Nikki Nielsen, (847) 652-3786
Keller Williams North Shore West
Bought with: Christine Hjorth, (847) 738-2087, Keller Williams North Shore West
Source: MRED as distributed by MLS GRID, MLS#12492112

Price History for 116 E Monaville Rd

DatePriceEventSource
05/06/2026$1,350ListingRemovedZillow Rentals
05/03/2026$1,350Listed For RentZillow Rentals
03/16/2026$505,000Sold
MRED as distributed by MLS GRID #12492112
01/28/2026$525,000ContingentMRED as distributed by MLS GRID #12492112
11/10/2025$525,000PriceChange
MRED as distributed by MLS GRID #12492112
10/13/2025$550,000Listed For SaleMRED as distributed by MLS GRID #12492112
02/27/2016$39,900ListingRemovedAgent Provided
11/19/2015$39,900PendingToActiveAgent Provided
11/13/2015$39,900PendingAgent Provided
06/26/2015$39,900Listed For SaleAgent Provided

Market trends in Lake Villa

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
32
3MoM
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Property Tax and Assessment

Year2023
Tax$5,735
Assessment$305,919
Home facts updated by county records

Homeowner tools

Estimated monthly rent$1,997/mo
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Homes for rent near 116 E Monaville Rd

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Comparable Sales for 116 E Monaville Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
105 Wildflower Ln, Round Lake Beach, IL
0.12
Single-Family Home
$440,000
05/21/26
4
2.5
2,705
85 Fieldstone Dr, Lake Villa, IL
0.11
Single-Family Home
$380,000
07/30/25
4
2.5
2,392
154 Wildflower Ln, Round Lake Beach, IL
0.08
Single-Family Home
$400,000
07/17/25
4
2.5
1,970
853 Savanna Springs Dr, Lake Villa, IL
0.16
Single-Family Home
$415,000
05/21/26
4
2.5
2,200
233 Wildflower Ln, Round Lake Beach, IL
0.19
Single-Family Home
$395,000
03/23/26
4
2.5
2,426
2526 Acorn Dr, Round Lake Beach, IL
0.32
Single-Family Home
$435,000
01/14/26
4
3.5
3,851
2647 N Cherry Cove Ln, Round Lake Beach, IL
0.28
Single-Family Home
$347,900
09/26/25
3
2.5
2,442
257 Indian Ridge Ln, Lake Villa, IL
0.20
Single-Family Home
$375,000
04/28/26
3
2.5
1,614
645 Northwind Ln, Lake Villa, IL
0.61
Single-Family Home
$539,000
04/15/26
6
4.5
4,211

Nearby homes

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Assigned Schools

These are the assigned schools for 116 E Monaville Rd.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Lake Villa

At least 117 Trulia users voted on each feature.

  • 87 % Say it's dog friendly

  • 86 % Say car is needed

  • 85 % Say parking is easy

  • 85 % Say yards are well-kept

  • 79 % Say there's holiday spirit

  • 76 % Say it's quiet

  • 75 % Say kids play outside

  • 75 % Say people would walk alone at night

  • 70 % Say there's wildlife

  • 62 % Say they plan to stay for at least 5 years

  • 57 % Say neighbors are friendly

  • 53 % Say there are sidewalks

  • 50 % Say streets are well-lit

  • 38 % Say it's walkable to restaurants

  • 32 % Say it's walkable to grocery stores

  • 32 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Marqueeta Moore
    "it's quite and very small but very nice the parades and activities are great as well neighborhood watch as well. "
    0
    Flag
  • Jesuit_30
    "The local high school events and local restaurant events are great. Good school district. Nature paths in our backyard."
    0
    Flag
  • Eric R.
    "Really depends where you live in Lake Villa. There are people of different incomes so certain areas are better maintained than others. People are generally friendly. "
    6
    Flag
  • Michelle S.
    "Family oriented, friendly and safe. Good schools. Beautiful neighborhood. Clean and surrounded by a feeling of community "
    0
    Flag
  • Maggie S:
    "It’s a very local neighborhood. There not too much directly in it but many things are a short drive away. It used to be a popular area for summer homes since it’s so close to the chain but most people live here year round the past 40 years or so."
    6
    Flag
  • Jessica
    "I've lived here for a few years and it's so nice being in an unincorporated neighborhood. We have a volunteer HOA and for the most part it's nice and quiet. Large yard sizes help space everyone out."
    2
    Flag
  • Jessica
    "I've lived here for 3 years & haven't had any major issues. Car break-ins from time-to-time. This is unincorporated but does have a small voluntary HOA"
    4
    Flag
  • Jessica R.
    "we all take care of each other. it takes a village,( great neighbors and neighborhood). If someone ever needs we all pitch in and take care of the family in need."
    1
    Flag
  • Pete A.
    "Property taxes are very high. Schools are great, and neighborhoods are clean and safe. Neighbors take good care of their properties. "
    0
    Flag
  • Pete A.
    "I drive to lake forest every day. Takes 30 mins there, and a bit longer on return. Traffic is easy. "
    0
    Flag
  • Lola E.
    "I just moved to this area and I will need more time so far all is well everyone has been very cordial and respectful of my space. "
    0
    Flag
  • Sarahalberda
    "This neighborhood is very friendly, I have lived here for almost 3 years and it has been very quaint and enjoyable. We have a cute starter home and it is close to town. Easy access to everything in town."
    8
    Flag
  • Vanebahena03
    "It’s a quite neighborhood, i love it when there not so much drama or bad thing happing in the neighborhoods. I got kids , and want their safety first."
    0
    Flag
  • Wildrose7742
    "My neighborhood has many commodity. 3 or more churches to choose from elementary school nearby2 gas stations,mc donalds, peaceful parks to fish or swim."
    0
    Flag
  • Wildrose7742
    "There is a great elementary school, Joseph J Pleviak. there is a park with a beach near by and everybody is friendly for the most part. "
    0
    Flag
  • Pjbrunk
    "Great schools, great recreation Lakes and Forrest preserves and lots of trails make Lake Villa a real treasure. There are very few places in the Midwest as affordable too!"
    0
    Flag
  • Amin S. A.
    "dogs seem very welcome and people are friendly in the neighborhood. every third house seems to own a pet"
    0
    Flag
  • Sara A.
    "there’s so many families with dogs here, beautiful neighborhood to walk them in, everybody does it, everyone is very friendly "
    6
    Flag
  • Sheri K.
    "Nothing...boring outer suburbia. Safe and quiet are the lovely attributes...boring is the consequence."
    0
    Flag
  • Michelle S.
    "Good neighborhood, family oriented. Clean and good school. Good sense of community and a mall, major grocery chain and Great America is within 29 mins drive"
    0
    Flag
  • Pjbrunk
    "Our neighborhood has the most amazing lake anywhere around. It’s an all-sport motorized boat lake with very little traffic—ever. "
    0
    Flag

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Homes for sale near 116 E Monaville Rd

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Off Market Homes Near 116 E Monaville Rd

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Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information
116 E Monaville Rd, Lake Villa, IL 60046 is a 6 bedroom, 3 bathroom, 4,754 sqft single-family home built in 1917. This property is not currently available for sale. 116 E Monaville Rd was last sold on Mar 16, 2026 for $505,000 (4% lower than the asking price of $525,000). The current Trulia Estimate for 116 E Monaville Rd is $511,400.