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$347,000

  • Sold
  • Closed
  • Multi-Family
  • 6 Total Beds
See This Home
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See This Home
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Don't miss your chance to own a piece of Grayslake history! Historic home has been converted into a 3 flat rental, right in the middle of charming downtown Grayslake! Units have many original built-ins, moldings and doorknobs! Beautiful yard with original stone backyard fireplace and patio. Ample parking and storage space in the backyard shed. Steps to idyllic downtown Grayslake! Frequent the many eateries, boutiques and local coffee shop! The Wednesday Farmer's Market is a town favorite. Short distance to the public pool, library and Metra station. This is an investment opportunity waiting for you!

Full Property Details for 40 S Slusser St

General

  • Sold For: $347,000
  • Taxes: $16,404 (2023)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12437758
  • Added to Site: 148 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 5

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Equipment: Multiple Water Heaters
  • Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access, Historical District

Exterior

  • Exterior Features: Balcony, Roof Deck

Parking

  • Total Spaces: 3
  • Parking Features: Unassigned, Driveway, On Site, Owned
  • Parking On-Site: Yes

Location

  • Area: Gages Lake / Grayslake / Hainesville / Third Lake
  • County: Lake
  • Subdivision: Heritage
  • Driving Directions: Take Route 83 North, L on Center Street, L on Slusser - 38-42 S. Slusser in the 2nd home on the RHS

School Information

  • School District: 46
  • Midd School District: 46
  • Elementary School: Woodview School
  • Middle School: Grayslake Middle School
  • High School: Grayslake Central High School
  • Private School: Grayslake Central High School

Heating & Cooling

  • Heating Type: Natural Gas, Baseboard, Radiant

Utilities

  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Construction: Aluminum Siding
  • Exterior Const.: Aluminum Siding
  • Basement Desc.: Unfinished, Crawl Space, Partial
  • Foundation: Stone
  • Roof: Asphalt
  • Year Built: 1900
  • Built Before 1978: Yes
  • Remodeled/Updated: 2000

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size (Acres): 0.33
  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 167 x 87 x 167 x 87
  • Zoning: MULTI

Financial Considerations

  • Assessment Year: 1900
  • Tax Amount: $16,404
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 6263130080000

Listed by Baird & Warner
Sold by Blue Master LLC

Listing agent

— 40 S Slusser St —

  • Baird & Warner

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40 S Slusser St

School Districts:Grayslake Community High School District 127, Grayslake Consolidated Community School District 46
NameGradesDistance
Woodview School
340 North Alleghany Road, Grayslake, IL 60030
K-40.7 mi
Frederick School
595 Frederick Road, Grayslake, IL 60030
5-60.9 mi
Grayslake Middle School
440 Barron Boulevard, Grayslake, IL 60030
7-80.6 mi
Grayslake Central High School
400 North Lake Street, Grayslake, IL 60030
9-120.4 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 40 S Slusser St

Date
Details
Price
Change
Source
9/30/2025
Sold
$347,000
-0.86%
MLS
8/21/2025
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Baird & Warner
Sold by Blue Master LLC

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40 S Slusser Street, Grayslake, IL 60030 (MLS# 12437758) is a Multi-Family property that was sold at $347,000 on September 30, 2025. Want to learn more about 40 S Slusser Street? Do you have questions about finding other Multi-Family real estate for sale in Grayslake? You can browse all Grayslake real estate or contact a Coldwell Banker agent to request more information.