116 Mainsail Dr, Third Lake (Grayslake), IL 60030 Property Records

Lake County property record for 116 Mainsail Dr, Third Lake, IL 60030

Property Summary

Property TypeSingle Family Home
Details4 bd · 2.5 ba · 1,837 sqft · built 1985
Lot Size0.203 acres (8,860 sqft)
Owner2 Individual Names on File
Last Sale$304,000 (Sep 2007)
Tax Bill$8,719 (2024)
Deeds & MortgagesSep 2020 Mortgage
Flood ZoneZone X (minimal risk)
APN06-24-402-005

Property Details

APN / Parcel Number

Primary APN06-24-402-005

Interior

Bedrooms4 Beds
Full Baths2.5 Baths
Half Baths1 Half Bath
Plumbing Fixtures8 Plumbing Fixtures
Total Rooms8 Rooms
Stories2 Stories
Building Area1,837 sqft Living Area
Gross Area3,120 sqft
1st Floor Area903 sqft
2nd Floor Area934 sqft
Upper Floors Area934 sqft
Basement Area903 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1985
Effective Year BuiltEffective 1985
Architectural StyleConventional
Exterior MaterialAluminum/Vinyl
Construction TypeFrame
Roof MaterialComposition Shingle
Lot Area8,860 sqft (0.203 acres)
Garage TypeAttached
Garage Area380 sqft
Parking Spaces1 Parking Space
PorchOpen Porch
Deck AreaDeck Area
Patio Area288 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C
Water SourceCommercial

Location & Zoning

Street Address116 MAINSAIL DR
CityTHIRD LAKE
StateIL
Zip60030-2604
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLEE FRYS MARINERS COVE UNIT NO 1 LOT 95
Legal SubdivisionLEE FRYS MARINERS COVE UNIT NO 1
Legal Lot Number95
Legal Unit1
JurisdictionLAKE IL
Township / Civil DivisionAVON
Census Block Group1
Census Block1044
Census Tract861106

Owner

116 Mainsail Dr is owned and occupied by two individuals who bought it in September 2007.

Source: Lake County records, as of April 29, 2026

Owner of Record2 Individual Names on File
Mailing Address116 MAINSAIL DR, THIRD LAKE, IL 60030-2604
OccupancyOwner Occupied
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleSep 11, 2007 · Amount on File
Deed SaleSep 11, 2007 · Amount on File
Deed Document Number20076239238
Record UpdatedOct 29, 2026

September 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLAKE IL
Property Address116 MAINSAIL DR, THIRD LAKE, IL 60030-2604
Transaction TypeMortgage
Record UpdatedFeb 5, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0007697076
DateSep 22, 2020
Instrument7697076
Lender
NameUS BANK NA
TypeBank
AddressOWENSBORO, KY 42301
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term181 Months
DueOct 1, 2035
Interest
Rate2.62%

Tax Assessment & Valuation

Source: Lake County assessment roll, as of April 29, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyLake County
County SubdivisionAvon Township
MunicipalityThird Lake Village
Elementary School DistrictGrayslake Consolidated Community School District 46 (PK - 08)
Secondary School DistrictGrayslake Community High School District 127 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$101,623 Land $28,076 Building $73,547$304,899 Land $84,236 Building $220,663
2024$8,719.00 (+3.31%)
2023$8,440.00 (+1.02%)$80,203 (-2.17%) Land $22,158 Building $58,045$240,633 (-2.17%) Land $66,481 Building $174,152
2022$8,355.00$81,980 Land $12,891 Building $69,089$245,965 Land $38,677 Building $207,288

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 116 Mainsail Dr in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 1986.

Source: FEMA National Flood Hazard Layer, effective February 20, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 6 (20% premium discount)
Nearby Flood Policies2 in force
Nearby Flood Claims1 (1986)
Most Recent ClaimSep 1986 · Severe Storms & Flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 116 Mainsail Dr has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 277 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
AT&T
Fixed Wireless · DSL
100 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: Verizon.

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