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Foreclosure Homes in Grayslake, IL

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N-oakland-dr-Grayslake-IL-60030
Foreclosure
$162,000 EMV

N Oakland Dr
Grayslake, IL 60030

| 1 Bath | 1,075 Sq. Ft.

Dunhill-rd-Grayslake-IL-60030
Foreclosure
$243,193 EMV

Dunhill Rd
Grayslake, IL 60030

| 2.5 Bath | 2,968 Sq. Ft.

N-valley-view-dr-Grayslake-IL-60030
Foreclosure
$86,349 EMV

N Valley View Dr
Grayslake, IL 60030

| 1 Bath | 616 Sq. Ft.

Soo-line-dr-Third-lake-IL-60030
Foreclosure

Soo Line Dr
Third Lake, IL 60030

| 2.5 Bath | 1,933 Sq. Ft.

N-gagewood-ln-Grayslake-IL-60030
Preforeclosure NEW
$264,615 EMV

N Gagewood Ln
Grayslake, IL 60030

| 2.5 Bath | 2,567 Sq. Ft.

Suffolk-ln-Grayslake-IL-60030
Preforeclosure
$225,927 EMV

Suffolk Ln
Grayslake, IL 60030

| 2.5 Bath | 1,808 Sq. Ft.

Killarney-ct-Grayslake-IL-60030
Preforeclosure
$295,089 EMV

Killarney Ct
Grayslake, IL 60030

| 2.5 Bath | 2,534 Sq. Ft.

Hillside-ave-Grayslake-IL-60030
Preforeclosure
$179,526 EMV

Hillside Ave
Grayslake, IL 60030

3 Bed | 2.5 Bath | 1,204 Sq. Ft.

N-indian-ln-Grayslake-IL-60030
Preforeclosure
$225,000 EMV

N Indian Ln
Grayslake, IL 60030

| 2 Bath | 896 Sq. Ft.

5 Watercolor-pl-Grayslake-IL-60030
Preforeclosure
$242,350 EMV

Watercolor Pl
Grayslake, IL 60030

3 Bed | 3.5 Bath | 2,394 Sq. Ft.

Displaying 1 - 10 of 279

Foreclosure Homes in Grayslake, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Grayslake, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Grayslake, IL and much more. Save thousands at closing with home foreclosure listings in Grayslake, IL — up to 75% off market value!


Top Reasons To Live In Grayslake, IL In 2021

Grayslake is located in Lake, Illinois, with an estimated municipal population of 20,725 residents. All of the best foreclosed homes for sale in Grayslake are located in the following zip code areas on Foreclosure.com: 60030. The estimated population per square kilometer (.62 miles) in Grayslake is 728.


Cost Of Living In Grayslake, IL

So, about how much do homes cost in Grayslake? The most recent median value of resident-owned homes in Grayslake is 236,312. An estimated 68.2 percent of households in Grayslake own their homes, with an average family size of 3.25. The median household income in Grayslake is 97,265, with48.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Grayslake, the median commute time of resident workers (in minutes) is 30.6. And last, but certainly not least, are you looking for homes to rent in Grayslake? If so, the average rent price paid by renters in Grayslake is 1,160, according to recent statistics.


Diversity And Demographics In Grayslake, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Grayslake, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Grayslake is 36.7, split between 50 percent male versus 50 female. The percentage of residents who report being married in Grayslake is 52.2, with an average family size of 3.25.

The percentage of residents who report their race in Grayslake is as follows:

White 81.9%
Black / African American 2.8%
Asian 7%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0.3%
Multi-racial 4.1%
Other 3.8%

Looking for family-friendly neighborhoods in and/or near Grayslake? Or maybe you are searching for 55+ active adult communities in and/or near Grayslake?

The percentage of residents who report their age in Grayslake is as follows:

Under 10 11.8%
Aged 10-19 13.8%
20s 14.2%
30s 14.7%
40s 13.5%
50s 16.1%
60s 9.3%
70s 5%
80+ 1.6%

Best Schools In Grayslake, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Grayslake with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Grayslake.


Pros And Cons Of Living In Grayslake, Illinois

How do you know that living in -- or moving to -- Grayslake is right where you need to be? Perhaps you grew up in Grayslake or already live nearby; therefore, the decision to buy a home in Grayslake is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Grayslake for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Grayslake:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Grayslake.


Reasons To Move To Grayslake, Illinois, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Grayslake can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Grayslake, meanwhile, can field multiple offers from more qualified buyers.

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