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

$520,400

Trulia Estimate
  • 6 Beds
  • 3 Baths
  • 4,754 sqft

116 E Monaville Rd, Lake Villa, IL 60046

Refinance Your Home
Currently Off Market - Sold Mar 16, 2026 for $505,000 (4% below list price)

Home Value

Trulia Estimate
$520K
Since last month
Increased$5K (+1%)
Since last year
Decreased$7K (-1.4%)
Since last sale
Increased$17K (+3.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +82% in the last 10 years
MonthEstimated value
2026
August 2026$522K
August 2026$521K
July 2026$517K
June 2026$512K
May 2026$511K
April 2026$509K
March 2026$506K
February 2026$498K
January 2026$496K
2025
2020

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
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
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
46 W Redhead Ct, Round Lake Beach, IL
0.28
Single-Family Home
$410,000
06/29/26
4
2.5
2,200
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 home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
175 E Monaville Rd, Round Lake Beach, IL 60073
0.05
$515,800
4
4
4,365
Off Market
154 Wildflower Ln, Round Lake Beach, IL 60073
0.08
$417,800
4
2.5
1,970
Off Market
307 Woodhill Ln, Lake Villa, IL 60046
0.10
$453,900
4
2.5
3,485
Off Market
105 Wildflower Ln, Round Lake Beach, IL 60073
0.12
$440,000
4
2.5
2,705
Recently Sold
2671 Wildflower Ct, Round Lake Beach, IL 60073
0.15
$474,000
3
3
2,426
Off Market
2646 Acorn Dr, Round Lake Beach, IL 60073
0.15
$411,900
4
3
2,682
Off Market
85 Fieldstone Dr, Lake Villa, IL 60046
0.11
$406,200
4
2.5
2,392
Off Market
221 Wildflower Ln, Round Lake Beach, IL 60073
0.16
$402,800
3
2.5
2,916
Off Market
868 Fieldstone Dr, Lake Villa, IL 60046
0.12
$414,500
5
2.5
2,000
Off Market
233 Wildflower Ln, Round Lake Beach, IL 60073
0.19
$395,000
4
2.5
2,426
Recently Sold
2 E Monaville Rd, Lake Villa, IL 60046
0.16
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 116 E Monaville Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1917
4,754 sqft
$106/sqft
Garage

About this House

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.
116 E Monaville Rd, Lake Villa, IL 60046 is a 6 bedroom, 3 bathroom, 4,754 sqft single-family home built in 1917. It last sold for $505,000 on Mar 16, 2026 (4% below the $525,000 asking price). More recently, it was listed as a rental in May 2026 with an asking price of $1,350 per month. That rental listing was removed on May 6, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $520,400, with a rent estimate of $5,515/month.
Last check for updates: about 11 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

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

Price and Tax history

DateEventPrice
May 6, 2026
Source: Zillow Rentals
ListingRemoved
$1,350
May 3, 2026
Source: Zillow Rentals
Listed For Rent
$1,350
Mar 16, 2026
Source: MRED as distributed by MLS GRID #12492112
Sold
$505,000
Jan 28, 2026
Source: MRED as distributed by MLS GRID #12492112
Contingent
$525,000
Nov 10, 2025
Source: MRED as distributed by MLS GRID #12492112
PriceChange
$525,000
Price decreased by 5%

Market trends in Lake Villa

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
32

Around this home

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

LGBTQ Local Legal Protections

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

Frequently asked questions about 116 E Monaville Rd

  • What is 116 E Monaville Rd estimated to be worth?
    Trulia's estimated value for 116 E Monaville Rd in Lake Villa, IL is $520,400.
  • What is the price history for 116 E Monaville Rd?
    116 E Monaville Rd in Lake Villa, IL last sold for $505,000 in March 2026.
  • Is Lake Villa a buyer's or seller's market?
    Lake Villa is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Lake Villa?
    Residents describe Lake Villa, IL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Lake Villa, IL.
  • Does 116 E Monaville Rd have laundry facilities?
    Yes, 116 E Monaville Rd in Lake Villa, IL has in-unit laundry.
  • Does 116 E Monaville Rd have a garage?
    Yes, 116 E Monaville Rd in Lake Villa, IL has a garage.

Explore by feature - Pet Friendly

6 pet-friendly rentals in Lake Villa, IL

Explore by feature - Air Conditioning

6 rentals with air conditioning in Lake Villa, IL

Apartments for Rent

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Off Market Homes Near 116 E Monaville Rd

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