Grayslake, IL
Neighborhoods and Homes For Sale

Grayslake Neighborhoods

Neighborhood Name# of Homes for saleMedian Home $HOA Fees

Around Grayslake

Notable For

Grayslake is home to the College of Lake County and the Lake County Tech Campus, and is also near major corporate campuses located along I-94 and in neighboring Lake Forest, spurring the local economy and providing a short commute to many jobs. The namesake Grays Lake is located in the western portion of the city boundaries, and the area itself is surrounded by Gages Lake, Highland Lake, Third Lake, and Molly’s Pond. Grayslake is only about 17 miles away from Illinois Beach State Park on Lake Michigan and is surrounded by forest preserves, bike paths, and open space, offering outdoor and recreational activities for all ages.

Cost of Living

The cost of living in Grayslake is slightly higher than the state average, and housing costs are the primary driver of living expenses. Property taxes are also on the high side with most of the money collected going towards the school district. Home options in Grayslake range from 100-year-old Victorians to modern townhomes, with a wide range of styles available due to the community being a popular place to live for generations.


Grayslake is served by the Lake Street Metra Station and the Washington Street Metra Station, connecting Grayslake with Fox Lake, Antioch, and downtown Chicago and offering paid parking. Routes 45 and 83 run north to south through Grayslake and Route 120 runs east to west. Route 120 intersects with I-94, a major tollway traveling north and south and connecting Grayslake to downtown Chicago. Pace bus services also provide regular routes around Grayslake and into neighboring areas.


Grayslake is served by the Community Consolidated School District 46, comprised of seven schools offering K-8 education. The school district serves multiple towns, but students who live in the Grayslake area typically attend schools within the community. High School students attend Grayslake Central High School or Grayslake North High School, both part of the Grayslake Community High School District 127. Both high schools are highly ranked by GreatSchools, and after graduation, students can opt to take classes at the nearby College of Lake County, University of Lake County, or choose from the many accessible institutions in the Chicago area.


Grayslake offers boating, swimming, fishing, and other outdoor activities during the summer months, and residents have plenty of nearby lakes and recreational options to choose from throughout Lake County. Grayslake also offers a comprehensive biking trail, covering 21 miles around the community and the Lake County Forest Preserve.

In August, the Grayslake Chamber of Commerce hosts Grayslake Summer Days, featuring music, carnival games, arts and crafts, local vendors selling food and drinks, and entertainment for the whole family. Other popular community events are the Grayslake Art Festival, offering local art, food vendors, and activities on Center Street downtown, and the Taste of Grayslake Family Picnic & Fireworks, featuring local Grayslake food vendors, beer and wine, live music, rides and activities for kids, and fireworks to end the night.


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31 Schools

Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.


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