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Multi-family homes for sale in Grayslake, IL

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Grayslake, IL Real Estate Market Overview

There are no multi-family homes for sale in Grayslake, IL. The following market insights reflect all property types in the Grayslake, IL real estate market. The inventory of homes for sale in Grayslake, IL between May 2025 and June 2025 increased by 8.6%. Listings spent 15 days on the market in June 2025, and had a median list price of $311,000 during the same period. Over 24 listings were sold over their listed price in June 2025 in Grayslake, IL. In the same period over 14 listings were sold below the listed price and 10 listings were sold for the listed price.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in Grayslake, IL

Grayslake is located in Lake County, Illinois. There are roughly 19,792 residents, living in 7,313 households. The average temperature for Grayslake this time of the year is low of 61F and high of 84F. On average, Grayslake gets about 3.63 inches of precipitation in July. Most residents are home owners (79%), have a post secondary degree (63%) and are single, no kids (32%).

Data provided by Home Junction

Schools near Grayslake, IL

Elementary Schools

  • Frederick School

    595 Frederick Rd

    Public District 5-6

  • Avon Center School

    1617 Il Route 83

    Public District KG-4

  • Woodview School

    340 N Alleghany Rd

    Public District KG-4

Middle Schools

  • Prairie Crossing Charter School

    1531 Jones Point Rd

    Public Charter KG-8

  • Grayslake Middle School

    440 Barron Blvd

    Public District 7-8

High Schools

  • Grayslake Central High School

    400 N Lake St

    Public District 9-12

  • Grayslake North High School

    1925 N Il Route 83

    Public District 9-12

Data provided by Great Schools

Housing market reports in Lake County

Homes for sale near Grayslake, IL

Real estate in Grayslake neighborhoods

Top real estate cities in Illinois

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*Based on Rocket Mortgage data in comparison to public data records.

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