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$525,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 3 Car Garage
  • Updated 2 days ago
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**Upgraded Living in Grayslake** Brick exterior? Check. 3-car garage? Absolutely. Space for everyone - and everything? You bet. This 4-bedroom, 3.1-bath home delivers the perfect blend of comfort, function, and location in one of Grayslake's most sought-after communities - where convenience and lifestyle come together seamlessly. The custom expanded kitchen serves as the true command center of the home, featuring 42" cabinetry, stone countertops, and generous space for cooking, gathering, and everyday living. The finished basement adds another layer of versatility - ideal for game nights, movie marathons, or creating the ultimate hangout space. Upstairs, the primary suite offers a private retreat complete with a walk-in closet, en suite bath, and a bonus room tucked behind double doors. Whether you need an office, nursery, home gym, reading lounge, or additional bedroom, this flexible space adapts to your needs. Step outside to a fully fenced backyard ready for pets, play, and summer entertaining, plus a spacious 3-car garage that ensures there's room for vehicles, storage, and more. And the location? Exceptional. Just minutes from Grayslake's aquatic center, parks, library, farmers market, and vibrant local events - with convenient access to the Metra, major tollways, and highly sought-after schools. This is the kind of home that checks every box - and then adds a few more.

Full Property Details for 307 Fairfax Ln

General

  • Price: $525,000
  • Taxes: $14,085 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12564377
  • Updated: 2/19/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Complex Features: Park, Pool, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Finished, F
  • Interior Features: Vaulted Ceiling(s), Built-in Features, Walk-In Closet(s), Quartz Counters
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Other, Gas Log
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Humidifier
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement Baths: Yes

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms(Blw Grade): 1

Additional Information

  • Equipment: Carbon Monoxide Detectors, Ceiling Fan(s), Sump Pump
  • Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access

Exterior

  • Exterior Features: Outdoor Grill

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Total Spaces: 3
  • Parking Features: Yes, Garage Owned, Attached, Garage

Location

  • Area: Gages Lake / Grayslake / Hainesville / Third Lake
  • County: Lake
  • Township: Avon
  • Driving Directions: RT 83 N OF WASHINGTON 2 LEXINGTON TO ARLINGTON TO FAIRFAX

School Information

  • School District: 46
  • Elem School District: 46
  • Midd School District: 46
  • High School District: 127

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Architectural Info: Other
  • Architectural Style: Other
  • Construction: Aluminum Siding, Vinyl Siding, Steel Siding, Brick
  • Exterior Const.: Aluminum Siding, Vinyl Siding, Steel Siding, Brick
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Windows: Screens, Drapes
  • Sub-Flooring: Hardwood
  • Sq. Ft. Source: Not Reported
  • Year Built: 1992

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 130 x 86 x 110 x 86
  • Fence: Yes
  • Lot Features: Corner Lot
  • Fencing (Description): Fenced

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1992
  • Tax Amount: $14,085
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 6222040100000

Listed by Compass

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— 307 Fairfax Ln —

  • Compass

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 307 Fairfax Ln

School Districts:Grayslake Community High School District 127, Grayslake Consolidated Community School District 46
NameGradesDistance
Meadowview School
291 Lexington Lane, Grayslake, IL 60030
K-40.3 mi
Grayslake Middle School
440 Barron Boulevard, Grayslake, IL 60030
7-81.5 mi
Grayslake North High School
1925 North Illinois 83, Grayslake, IL 60030
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 307 Fairfax Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/19/2026
Listed
$525,000
110%
MLS
8/10/2001
Sold
$250,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 307 Fairfax Ln

Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,456
11%
$133,419
9%
2023
$12,152
1%
$122,448
14%
2022
$12,015
-8%
$107,362
4%
2021
$13,056
4%
$103,193
-3%
2020
$12,610
—
$106,151
4%
2019
$12,613
-6%
$101,843
-6%
2018
$13,436
10%
$108,244
6%
2017
$12,173
4%
$101,819
8%
2016
$11,693
2%
$93,990
9%
2015
$11,412
1%
$85,867
—
2014
$11,349
3%
$85,867
3%
2013
$11,028
2%
$83,151
-3%
2012
$10,839
—
$85,953
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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307 Fairfax Lane, Grayslake, IL 60030 (MLS# 12564377) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 307 Fairfax Lane is currently listed for $525,000 and was received on February 19, 2026. Want to learn more about 307 Fairfax Lane? Do you have questions about finding other Single Family real estate for sale in Grayslake? You can browse all Grayslake real estate or contact a Coldwell Banker agent to request more information.

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