Grayslake, IL Real Estate & Homes For Sale

40 homes

Real Estate & Homes For Sale Near Grayslake, IL

We found 30 more homes matching your filters just outside Grayslake

Grayslake, IL Real Estate Trends

Learn about the Grayslake, IL housing market through trends and averages.

Affordability of Living in Grayslake, IL

The median home value is $366,203
MonthMedian home value
May 2025$349k
June 2025$349k
July 2025$350k
August 2025$351k
September 2025$353k
October 2025$355k
November 2025$357k
December 2025$359k
January 2026$361k
February 2026$363k
March 2026$365k
April 2026$366k
View as a graph
Trends and affordability stats are provided by third party data sources.

Average Home Value in Grayslake, IL, by Home Size

Currently, there are 7 new listings in Grayslake, IL and 40 homes for sale.
Home SizeHome Value*
2 bedrooms (5 homes)$276,300
3 bedrooms (10 homes)$350,059
4 bedrooms (8 homes)$468,714
*Home value over the past month

What Locals Say about Grayslake

Review Highlights

Grayslake: suburb with strong schools, safe streets, and lasting value near Chicago. People like safe, walkable parks and trails, top schools, friendly vibe, and easy train access. People dislike high taxes, occasional drug activity, coyotes, train delays, and few dog runs.
AI-generated summary of moderated reviews.
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  • Zb92gtn9vj
    "I like the Grayslake Days, we live right next to the park. They do Farmers Markets every week but also do wine fests and craft beer and bourbon fests "
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  • Naye0602
    "Half of the events they do bring all my friends together where we can eat or watch anything and still have a great time."
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  • Mary Clare Glabowicz
    "Downtown is a close walk with great restaurants, coffee and shopping. Public swimming pool is great in the summer. Many paved walking trails. Parks and open space are wonderful."
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  • Cody F.
    "Beer fest in the summer is super cool. It's a fun community event that brings folks into the city from the surrounding areas"
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  • Hyacynth W.
    "Prairie Crossing is a serene and beautiful neighborhood tucked in the northern suburbs of Chicago. It’s a beautiful, spacious, and friendly community. "
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  • Saori M.
    "Watch your kids and be respectful of others. Pick up after your animals as well. Grayslake is a great place from what I’ve seen so far. "
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  • Dana D.
    "I live right near the train station so it’s pretty easy to take that transportation, some places are easy to walk to, but I mostly drive my own vehicle."
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  • Kristin C. E.
    "Many dog owners in the neighborhood. The only downfall is there is not a dog run area in the subdivision "
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  • Rdawes
    "This is a wonderful area for families with children. The schools are top class and we have enjoyed the area for more than 10 years. "
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  • Kristin C. E.
    "Public Transportation is available to head downtown... takes about 1 hour to drive and a little longer on the train "
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  • Brian J.
    "Farmers market is held once a week and many community events throughout the year make Grayslake a great community to live in. Would highly recommend to anyone looking to move to northern Illinois."
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  • Brian J.
    "Utilize my own vehicle to commute to work which is about 20 minutes away. There are 2 stations for public transport to get to Chicago and anywhere south "
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  • Pedurley.2005
    "Everyone is so friendly and it is a great place if you want to raise a family. Grayslake has many family social events making it feel very safe and fun"
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  • Michellecunney921
    "I don’t know. It’s beautiful, has an INSANELY INCREDIBLE PARK, great location, amazing homes, near Forest preserves, wonderful location"
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  • Ashley N.
    "Lots of people with dogs, a near by doggy day care and grooming. We see dogs out for walks all the time. Local dog walkers available too."
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  • Michellecunney921
    "Not bad. I am a freelance personal fashion stylist and my clients like to go mainly to neiman marcus, Nordstrom’s and saks 5th ave so any commute it at least 20 minutes maybe more but it’s not inconvenient."
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  • Jason S.
    " Short Sale--so forget it. Takes forever & then fails. But turned on the MLS Search for Attached homes. "
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  • Isabella B.
    "Great, but one downside is if you go to Gurnee school you have most likely not as many friends as you would like"
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  • Trulia User
    "There are a lot of dogs in the area area. People out walking them all the time . Near dog parks as Savannah’s to walk them "
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  • Curtis S.
    "great neighborhood. lots of things to do and really family friendly. pet friendly environment, great schools"
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  • Jkerr68
    "Lots of paths and walkways for you and your dogs. Very dog friendly. Lots of waste containers. Bag dispensers."
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  • Angeld0474
    "There is a large coyote population in our neighborhood, due to the open areas of the old fairgrounds. "
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  • Pbabs1972
    "There are a lot of other dogs around and plenty of grassy areas to play. It’s a safe area. We also have access to a lake. "
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  • Kyra D.
    "People are always walking their dogs and keep them under control. I think it’s a safe and dog friendly area."
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  • Lhurmis
    "The taxes are very high! Good schools. A lot of kid friendly restaurant’s, and parks for kids to play at."
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  • James B
    "I've lived in this neighborhood for 3 years and everyone is very friendly. The town has lots of fun activities "
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  • Richardhfoxiii
    "Farmers market. Local businesses coordinating events. Great food, drink, parks and scenery. Especially during the fall. The community here sets a high standard that has been a complete joy to be a part of. Sized perfectly so it’s never overwhelming"
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  • Lhurmis
    "There are plenty of kids, as well as parks in the area. People are very friendly. There is drug use in the area, that I don’t like."
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  • Direndia S.
    "It has small town charm with a Big town personality. A community that comes together when times are tough."
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  • Pamela C. C.
    "There are sidewalks to walk your dog safely. A nice park is right down the road. Neighbors are responsible pet owners. "
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  • Nadshams
    "I’m so close to work that I sometimes walk when the weather is nice. I work about one mile away from my apartment. The only delay on my commute is when there is a freight train passing through."
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  • Mikejsak
    "Great kid friendly neighborhood. Cute homes and a nice downtown strip. Strong community with a lot of events throughout the year. "
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  • Rdawes
    "I love this area for the family and safe neighborhoods. Truly an small town feel and only an hour to Chicago by train "
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  • Mikebullpit88
    "love it its quiet great place to raise my family great place to work close to alot of stores alot of fun things to do in the area"
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  • Markohalloran100
    "We raised our children here - 19 years. Great community with a growing number of restaurants and services. But our favorite amenity is the bike trail system — with the tunnels under Hwys 45 and 21, you can ride more miles than your seat can last. "
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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