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Grayslake, IL - Lakefront Mansion - Living with a Private Beach!

21760 W Washington Street - Grayslake, Illinois

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Why Buy This Property

21760 W. Washington Street, Grayslake, IL 60030

A 6,074 square feet, sixteen rooms, six bedrooms, five and a half baths and 280 feet of lake frontage and a sandy beach on 4 acres

The pinnacle of Lake County living--Higher Ground is an amazing home with history! Begun in 1863, the home has stateliness and charm, with formal and informal spaces designed forevery kind of entertaining, from intimate to grand scale.

Higher Ground is a 6,074 square foot, sixteen room, six bedroom, five and a half bath home with history. This magnificent four-acre property includes 280 feet of waterfront and sand beach on a spring-fed Highland Lake, a private lake.

The home is perched safely above its 280-foot private shoreline on spring-fed Highland Lake. You will marvel at the sandy beach which boasts a permanent beach volleyball net, two sculpted promontories, and an extendable, cantilevered dock. Sit on the wood waterfront deck and be stunned by the spectacular andcolorful lake sunsets!

This home has been expanded and modernized, boasting a huge, wraparound four-season porch overlooking the lake and the front of the house. Portrait-frame oak flooring and elegant moldings appeal to the discriminating. It is in pristine condition. The grounds are gated; and a tree-lined private drive takes you to the house through beautifully manicured grounds with soaring oak and pine trees,creating an atmosphere of luxury and privacy.

It is the pinnacle of Lake County living and a sanctuary from the fast pace of the city. At the same time, Chicago, is only 40 miles away and the Metra Station is less than a half-mile. O’Hare is 40 minutes away.

Unquestionably the Grande Dame of Highland Lake, the home is set on the highest elevation in Lake County and communicates luxury privacy and an era gone by.

Don’t miss this opportunity to name your price on the home of your dreams!

Highland Lake: Highland Lake is a 110 acre private lake and a community of people who cherish its electric-motor-only tranquility. The lake is stocked with fish, including muskie (You can cast to challenge the State record--a 48” long muskie caught and released in this lake!), largemouth bass, northerns, crappie, and catfish. See the community website for more information at

Real Estate Taxes(2013) $33,200.00


If you have dreamed of a lakefront vacation home where you can live year-round and still be only forty miles from downtown Chicago, this is the place; and this is the house!

Property Location

Auction / Date / Time

August 14, 2014 3:00 PM

Inspection Dates

11:00 AM - 1:00 PM July 20th, 27th, August 2nd & 9th

Auction Location

Sealed Bid Auction - Bids to be delivered to the offices of Fine & Company LLC, 747 Lake Cook Road, Suite 100W, Deerfield, IL 60015


Certified Funds To Bid : $40,000

Buyer's Premium (Buyer's Fee) : 6% of the high bid

Contact Us

  Fine & Company LLC
  Michael A.Fine, CCIM, CAI, AARE
  Illinois, United States

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Other Information

Broker Participation : Buyer's Agent participation is invited! A 2% referral fee will be paid to th REALTORĀ®/Broker whose registered buyer closes on this property. Please refer to the Buyer Broker registration requirements in the Terms of Sale.

Licensing : Fine & Company, LLC, Licensed Illinois Broker

Terms Of Sale : This auction is being conducted subject to the Terms of Sale and Purchase and Sales Agreement contained in the Bidder's Information Packet. You may dowload the Terms of Sale below.

Disclaimer : The Seller, Broker, and Auctioneer and their agents assume no liability for inaccuracies, errors, or omissions in the auction marketing materials, including the Bidder's Information Packet. All square footage, dimensions, real estate taxes, and common area fees, if any, are approximate. All materials are subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified, or cancelled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap status, familial status or national origin or any other classes under state or local law or intention to make any such preference, limitation, or discrimination.