Grayslake Real Estate Listings and Information


Grayslake, IL is located in central Lake County, Illinois about 40 miles north of Chicago and 14 miles west of Lake Michigan and is home to more than 20,000 people. The first pioneers to travel to the area we now arrived in the mid 1830s. Early families such as the Grays, Forvors, Hendees and Riches found fertile soil, groves of trees and an attractive and unspoiled lake. William M. Gray, whose land included a section of the south shore of this lake, would soon lend his name to it. Even though he eventually left the territory, Grays Lake bears his name to this day.


By 1895, local citizens petitioned Lake County to incorporate as a Village. On May 9, 1895, voters formally approved the creation of the Village of Grays Lake. The name would soon become Grayslake and a community was born. Residents moved and added onto a one room school house, creating the first Village Hall. Today, that structure continues to serve the public as the west wing of the Grayslake Heritage Center & Museum.

The most dramatic growth, however, came between 1990 and the present day. Like many communities near Chicago, Grayslake witnessed explosive growth during this span, climbing from 7,800 in 1990 to almost 21,000 today. Yet, for all of the changes, Grayslake still maintains its small town charm. Tree lined streets and a friendly downtown recall the community’s earlier years. Nearby, the lake from which the Village derives its name, provides a living link to the past.


Community Resources of Grayslake, IL

Browse Listings by Price Range


Active Market Stats
  • 406 Listings For Sale
  • $331,222 Average Listing Price
  • $126 Average Listing Price per Square Foot
Sold Market Stats
  • 5 Properties Sold

Average Sale Price in Grayslake

Average Days on Market for Grayslake Listings

Average Price per Square Foot in Grayslake