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$350,000 Just Listed
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Property Description
Hop into spring and fall in love with this beautifully maintained quad-level home in the highly sought-after Grayslake school district! This mint-condition gem offers 4 spacious bedrooms and 2 full bathrooms, featuring a flexible layout perfect for everyday living and entertaining. Fresh, bright, and move-in ready, the home showcases a fully remodeled kitchen (just 1 year ago!) with new cabinetry, 42" uppers, butcher block countertops, island, and pantry-perfect for gathering this season. The lower level offers a full bath, cozy bar area with mini fridge, while additional living space in a finished sub-basement provides room to spread out, plus a large storage area with built-in shelving. Washer and dryer (under 5 years old) are included for added convenience with stylish whitewashed brick accents. Upstairs, you'll find 3 bedrooms and a full bath Step outside and enjoy springtime fun in the fully fenced backyard-ideal for pets, play, or gatherings-complete with a shed and a long driveway offering plenty of parking for guests. This lovingly cared-for home is ready to welcome its next owners-don't miss your chance!
Full Property Details
Full Property Details for 503 E Lake Ave
General
- Price: $350,000
- Taxes: $8,841 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12596681
- Updated: 4/2/2026
- Added to Site: 1 day(s) ago
Rental Information
- Complex Features: Lake, Water Rights, Street Lights, Street Paved
Interior
- Basement: Finished, S
- Interior Features: Dry Bar, Built-in Features
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
- Bedrooms(Blw Grade): 1
Additional Information
- Equipment: Cable TV, Carbon Monoxide Detectors, Ceiling Fan(s), Sump Pump, Backup Sump Pump
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Total Spaces: 3
- Parking Features: Asphalt, Driveway, Yes, Owned
Location
- Area: Round Lake Beach / Round Lake / Round Lake Height
- County: Lake
- Township: Avon
- Subdivision: Edwards
- Driving Directions: Washington & Hainesville Road N2 Lake Ave W2 #
School Information
- School District: 46
- Elem School District: 46
- Midd School District: 46
- High School District: 127
- Middle School: Grayslake Middle School
- High School: Grayslake North High School
- Private School: Grayslake North High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Model: CUSTOM
- Construction: Brick, Cedar
- Exterior Const.: Brick, Cedar
- Basement: Yes
- Basement Desc.: Finished, Sub-Basement, Partial
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Windows: Screens, Skylight(s)
- Sub-Flooring: Laminate
- Square Feet: 1,920
- Sq. Ft. Source: Other
- Year Built: 1988
- Remodeled/Updated: 2024
Manufactured Home
- Model: CUSTOM
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 110
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1988
- Tax Amount: $8,841.38
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 6212030270000
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Schools
Schools serving 503 E Lake Ave
School Districts:Grayslake Consolidated Community School District 46, Grayslake Community High School District 127
| Name | Grades | Distance |
|---|---|---|
Prairieview School, Hainesville, IL 103 East Belvidere Road, Hainesville, IL 60030 | K-4 | 1.7 mi |
Grayslake Middle School 440 Barron Boulevard, Grayslake, IL 60030 | 7-8 | 2.2 mi |
Grayslake North High School 1925 North Illinois 83, Grayslake, IL 60030 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 503 E Lake Ave
Date
Details
Price
Change
Source
4/01/2026
Listed
$350,000
136.49%
MLS
7/28/2014
Sold
$148,000
—
Public Record
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
Tax History for 503 E Lake Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,456
11%
$84,053
9%
2023
$7,616
1%
$77,141
15%
2022
$7,561
—
$66,922
4%
2021
$7,552
4%
$64,324
5%
2020
$7,281
—
$61,203
4%
2019
$7,281
20%
$58,719
20%
2018
$6,053
2%
$48,931
6%
2017
$5,923
5%
$46,026
8%
2016
$5,638
12%
$42,487
17%
2015
$5,051
-18%
$36,456
—
2014
$6,126
2%
$36,456
-14%
2013
$6,011
1%
$42,171
-11%
2012
$5,939
—
$47,526
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 503 E Lake Ave
503 E Lake Avenue, Round Lake Beach, IL 60073 (MLS# 12596681) is a Single Family property with 4 bedrooms and 2 full bathrooms. 503 E Lake Avenue is currently listed for $350,000 and was received on April 01, 2026. Want to learn more about 503 E Lake Avenue? Do you have questions about finding other Single Family real estate for sale in Round Lake Beach? You can browse all Round Lake Beach real estate or contact a Coldwell Banker agent to request more information.

