Wildwood on Gages Lake Homes under $500,000

Welcome to Wildwood on Gages Lake, a hidden gem nestled in the heart of Grayslake, Illinois. This charming neighborhood offers a harmonious blend of serene lakeside living and convenient access to urban amenities, making it an ideal place for families, retirees, and everyone in between.

Wildwood is renowned for its picturesque surroundings, featuring lush greenery, tranquil lakes, and a strong sense of community. Residents enjoy a variety of outdoor activities, from fishing and kayaking on Gages Lake to leisurely strolls along scenic walking trails. The neighborhood’s welcoming atmosphere is accentuated by friendly neighbors and community events that foster connections among residents.

For those looking to call Wildwood home, the housing market offers an array of options under $500,000. Whether you’re searching for a cozy single-family home or a charming townhouse, this neighborhood provides diverse choices to suit different lifestyles and budgets. Many of these homes boast spacious yards, modern amenities, and easy access to nearby parks and recreational facilities, making them perfect for families or anyone seeking a peaceful retreat.

In addition to its natural beauty, Wildwood benefits from its proximity to Grayslake’s vibrant downtown area, where you can find delightful shops, restaurants, and cultural attractions. With excellent schools and convenient access to major highways, commuting to nearby cities is a breeze.

If you're ready to experience the idyllic lifestyle that Wildwood on Gages Lake has to offer, explore the beautiful homes available under $500,000 and discover your perfect piece of paradise in this enchanting community!

Newest Wildwood on Gages Lake Homes under $500,000

$399,900

5 Beds ⋅ 4 Baths ⋅ 12796297 MLS ⋅ NEW Status

Recently renovated 5-bedroom, 4-bathroom split level home in the vibrant lake community of Wildwood in Grayslake, where year-round recreation and tranquil surroundings come together. Step inside to discover modern finishes and spacious living throughout, highlighted by an impressive eat-in kitchen with new cabinetry, sleek quartz counters, ss appliances, sizeable island, adjacent table space and attractive new LVP flooring that flows throughout all three levels of this spacious home. The generous living room is filled with natural light from large windows and showcases a stunning fireplace with floor-to-ceiling quartz surround. The main level offers a desirable primary suite complete with an updated ensuite full bath and walk-in closet, along with 2 additional bedrooms, another remodeled full bath and convenient same level laundry room. Upstairs you'll find two more spacious bedrooms and an updated full bath, providing flexible living arrangements for family, guests or a home office. The fully finished walk-out lower level expands the living space with a generous family room, renovated full bath and storage. Detached oversized 2 car garage featuring a level 2 charging setup offers day to day convenience and storage for all your summer toys. The sizeable yard offers endless possibilities and includes an in-ground pool being conveyed as is, ready for your personal vision and finishing touches. Many recent updates including new HVAC, hot water heater, fire prevention system, cabinetry, vanities, kitchen appliances, extensive lighting, flooring and paint. Enjoy everything the Wildwood community has to offer including eleven parks, four swimming beaches, seven playgrounds, two boat ramps, nine fishing locations and three picnic pavilions for four-seasons of fun! Nearby shopping, restaurants, expressways and well rated Woodland schools make this location ideal.

18172 W Twin Lakes Boulevard, Grayslake

$259,900

2 Beds ⋅ 1 Baths ⋅ 12788408 MLS ⋅ ACTIVE Status

Enjoy the ease of single-level living in this charming ranch located in the desirable unincorporated Wildwood neighborhood! The comfortable living room features new vinyl flooring installed in October 2026, with new flooring in the bathroom and a new dishwasher in the kitchen (2026). A separate dining room offers additional flexibility and could easily serve as a home office or additional living space. Outside, the spacious yard provides plenty of room for entertaining, gardening or simply relaxing outdoors. Enjoy nearby neighborhood parks, local beach access and the recreational opportunities of Gages Lake and Valley Lake, including swimming and boating. Conveniently located near shopping, dining and entertainment in Gurnee, with easy access to Route 120 and I-94. Located near Warren Township High School and less than 10 minutes from the College of Lake County. With recent updates, flexible living space and a convenient location, this home offers a wonderful opportunity to enjoy all that the Wildwood area has to offer!

17843 W Big Oaks Road, Grayslake

$405,000

6 Beds ⋅ 5 Baths ⋅ 12783932 MLS ⋅ ACTIVE Status

Welcome to this well maintained, newly painted and carpeted almost corner house features 2 master bedrooms w/half baths, 2 HVAC systems and zones, including humidifiers (lower level new in May 2026) 2 LL walk-in closets, ceiling fans throughout, newly replaced cedar (2024), fenced backyard and garage with 30 AMP service. All kitchen appliances new in 2024 (refrigerator, stove, dishwasher & microwave). Includes a second refrigerator in basement new in 2019. Sewer tile replaced through front yard in 2020, roof replaced in 2021 with leaf guards. Great neighborhood with access to 4 parks and lake rights to Gages Lake with 2 boat launches (required Park District registration and lock fee). For the record: a) the first floor was built in 1959 and renovated in 1983, then the second floor added in 2007. b) the vacant lot to the east is owned by the IL Dept of Transportation and has been vacant for the past 50 years and the current owner does maintain the yard and trees. BR#6 may alternately be used as an office or pantry. The smart doorbell and camera on the garage stay (new in 2025), the alarm system is pre-existing to current owner and is in "as is" condition.

18092 W Il Rt 120, Grayslake

$369,900

3 Beds ⋅ 2 Baths ⋅ 12781349 MLS ⋅ ACTIVE Status

Welcome Home! This charming 3-bedroom, 2-bathroom two-story home is nestled in a desirable subdivision connected to beautiful Gages Lake and offers the perfect combination of space, convenience, storage, and recent updates. Ideally located just off Route 45, this home features a spacious main level with a large primary bedroom and private ensuite bath, comfortable living and dining areas, and a family room with a cozy fireplace that creates the perfect space to relax or entertain. Upstairs, you'll find two generously sized bedrooms and a full bathroom, providing plenty of room for family, guests, or a home office. Major updates have already been taken care of, including a brand-new furnace, boiler, stove, refrigerator, washer, and dryer. One of the biggest highlights of this property is the huge 4+ car garage, offering an incredible amount of space for car enthusiasts, working on vehicles, a workshop, hobbies, tools, recreational equipment, or simply storing everything you need. The spacious driveway provides even more parking, while the attic above the garage adds exceptional additional storage. Outside, the substantial backyard offers plenty of room for entertaining, gardening, recreation, or creating your own private outdoor retreat. Located just minutes from College of Lake County, Grayslake Golf Course, Six Flags Great America, shopping, dining, parks, and major commuter routes, this home puts you close to everything while still giving you plenty of space to spread out. With a desirable Gages Lake-area location, generous living space, major recent updates, and a truly oversized garage that is hard to find, this home offers an incredible opportunity to make it your own. Come see why this could be the one you've been waiting for!

18843 W Deerpath Road, Grayslake

$425,000

4 Beds ⋅ 4 Baths ⋅ 12781167 MLS ⋅ ACTIVE Status

Come check out this 2 story home nestled on peaceful, tree-lined Almond Rd. Featuring 5 bedrooms and 3.5 bathrooms, there's plenty of room everyone! As you step inside, you are greeted with beautiful hardwood floors, complimented by a fireplace to anchor the room. A separate dining room, oversized kitchen with breakfast nook, and main level laundry complete the first floor. Upstairs, you will find four spacious bedrooms along with two full bathrooms. The finished basement is equipped with a giant storage room, another full bathroom, and an additional bedroom that can be used for a home office, gaming room, or fitness area. The fully fenced in back yard is perfect for furry friends and kids to enjoy! Located within walking distance to elementary and middle schools. Perfect for commuters! Just a four minute drive to I-94, and five minutes to Gurnee shopping & dining. No HOA!

33584 N Almond Road, Grayslake

$468,900

4 Beds ⋅ 3 Baths ⋅ 12779835 MLS ⋅ ACTIVE Status

Live the Lake Lifestyle Right Out Your Front Door in Grayslake! Beautifully updated 4-bedroom, 2.5-bath home with views of Gages Lake and Willow Point Park from the front of the home! An amazing park system at your fingertips - and no HOA! Enjoy Gages Lake rights for paddling, swimming, and motor boating, plus Wildwood Park District parks, playgrounds, and beaches. Completely re-done and move-in ready - this one is a must-see inside. Step into a welcoming layout featuring a living room, dining room, and family room with a wood-burning fireplace and 9-foot ceilings on the first floor. A 3-season porch overlooks the fully fenced rear yard with a 6-foot privacy fence. The kitchen and bathrooms have been remodeled with granite counters and stainless steel appliances, complemented by luxury vinyl plank flooring throughout and carpeted stairs. Don't miss the beautiful finished basement - recessed lighting, LVP flooring, and iron handrail. Recent updates and mechanicals provide peace of mind: newer furnace, newer water heater, newer air conditioner, sump pump with battery backup, and a whole-house humidifier. All exterior doors have been replaced. Enjoy resort-style amenities including a 6-person hot tub and 4-person barrel sauna - both included - plus a 50-amp exterior plug for RV hookup. The 2-car garage is fully insulated and drywalled with a newer garage door opener. Elfa closet systems in two bedrooms complete this move-in-ready home. Located in the district for Prairie Crossing Charter School. Minutes to charming downtown Grayslake - visit the shops, boutiques, and restaurants! Easy access to nearby highways and minutes from the Metra make commuting a breeze.

33202 N Woodland Terrace, Grayslake

$412,500

5 Beds ⋅ 4 Baths ⋅ 12767298 MLS ⋅ ACTIVE Status

Want lake access? You'll get it when you move into this beautiful 5-bedroom, 3.5-bath home with tons of updates throughout! Located in the Woodland/Warren school districts, this home also offers lake rights with access to Valley Lake, a 12.2-acre manmade lake, plus Gages Lake membership access. Warm hardwood floors flow through much of the home, beginning with the inviting living room featuring a stylish electric fireplace surrounded by shiplap and built-in cabinetry. A versatile first-floor bedroom is perfect for guests, a home office, or playroom, with a full bathroom conveniently located nearby. The updated kitchen is the heart of the home, featuring a large center island with seating, quartz countertops, stainless steel appliances, subway tile backsplash, abundant cabinetry, open shelving, and a beverage refrigerator. The kitchen opens to a spacious dining area surrounded by large windows that bring in plenty of natural light and offer room for everyday meals or entertaining. Upstairs you'll find four generously sized bedrooms and two additional full bathrooms, including a spacious primary bedroom and a bath with dual sinks. Neutral finishes throughout make this home truly move-in ready. The partially finished basement adds even more living space with a rec room, half bath, and plenty of additional storage. Outside, enjoy a large yard with mature trees and plenty of room to relax, play, garden, or entertain. With five bedrooms, multiple living spaces, an updated kitchen, finished basement space, a 2-car garage, a flexible first-floor bedroom, and access to TWO lakes, this home offers the space, versatility, and lake lifestyle you've been looking for!

33672 N Greentree Road, Grayslake

$357,000

3 Beds ⋅ 2 Baths ⋅ 12749058 MLS ⋅ ACTIVE Status

Welcome to this inviting 3-bedroom, 2-bath home in the desirable Wildwood subdivision, just moments from Gages Lake, Almond Marsh Forest Preserve, and several local parks. Nestled in a quiet, peaceful setting, this home offers comfortable living both inside and out. The bright and spacious living room welcomes you in. The inviting kitchen features beautiful and abundant cabinetry for all your storage needs. On the main floor you'll find the primary bedroom, two additional generously sized bedrooms, and a full bath. The fully finished basement offers a massive family room/recreation space, a full bath, and a convenient laundry area. Step outside onto the deck and enjoy the fenced backyard complete with a fully functional above-ground pool and storage shed, providing plenty of space for relaxing, entertaining, or outdoor activities. Gages Lake Membership Access, includes beach, boat dock and parking access with sticker obtained, fees may apply. Conveniently located with easy access to major highways and just a short drive to Gurnee Mills for shopping, dining, and entertainment. Enjoy the peaceful surroundings while still being close to everything you need. Come see all this home has to offer!

18207 W Big Oaks Road, Grayslake

$385,000

5 Beds ⋅ 2 Baths ⋅ 12738093 MLS ⋅ ACTIVE Status

Welcome home to this beautifully updated Grayslake raised ranch in the sought-after Wildwood community, where stylish updates, generous living space, an incredible outdoor setting, and access to the Gages Lake lifestyle come together in one special home! Step inside to a bright, inviting interior filled with natural light and featuring beautiful hardwood floors, ceiling fans, and a striking wraparound fireplace that creates a warm focal point between the spacious living and dining areas. The fresh white kitchen delivers a clean, modern look with quartz countertops, updated flooring, and plenty of space for everyday living and entertaining. Four bedrooms offer impressive closet space, while the versatile floor plan gives everyone room to spread out. Outside, the exceptionally large yard is a true standout, offering plenty of room for entertaining, gardening, play, pets, or simply relaxing outdoors. Enjoy warm-weather days from the deck overlooking the expansive yard, gather on the patio, and take advantage of the additional storage offered by the backyard shed. An attached garage adds even more everyday convenience. One of the special benefits of living in Wildwood is the opportunity for Gages Lake membership access, including beach, boat dock, and parking access with the appropriate sticker obtained; fees may apply. Spend summer days by the water, enjoy the peaceful surroundings, and experience the relaxed atmosphere that makes this lake community such a desirable place to call home. Located in Grayslake, you'll have that neighborhood-and-lake lifestyle while remaining close to everyday conveniences, with easy access to major highways and a short drive to Gurnee Mills for shopping, dining, and entertainment. Totally move-in ready, this home offers a wonderful combination of space, style, outdoor living, convenience, and lake-community charm. Welcome to Wildwood-come see what makes this Grayslake community such a special place to call home!

18099 W Valley Drive, Grayslake

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Wildwood on Gages Lake Homes under $500,000

Newest Wildwood on Gages Lake Homes under $500,000

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