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642 Gray Ave, Highland Park, IL, 60035

2beds
1baths
1,273sqft
$469,000
$368price/sqft
$3,582/moest. monthly cost
$143,280/yrincome needed

About This Home

An enchanting Craftsman cottage surrounded by mature landscaping and framed by a welcoming front porch, offering the perfect balance of character, comfort, and convenience. Inside, beautifully maintained hardwood floors and abundant natural light create warm, inviting living spaces designed for everyday living and entertaining. The open living and dining areas are accented by custom window treatments and timeless architectural details, while the updated kitchen features stainless steel appliances, elevated countertops, and a breakfast bar ideal for casual dining or gathering with friends. The generous primary bedroom provides ample storage, and the second bedroom easily accommodates guests, a home office, or family needs with room for a queen-sized bed and additional furnishings. The full basement offers exceptional storage and exciting possibilities for future finishing or expansion. Step outside to discover a deep, private backyard filled with lush gardens and plenty of space to unwind, entertain, or cultivate your green thumb. Located just moments from downtown Highland Park, the Metra station, and Rosewood Beach, this special home combines classic cottage charm with an unbeatable location.

Getting Around

23
WalkingCar-Dependent
31
TransitSome Transit
44
BikeSomewhat Bikeable

Schools

9/10
9/10
Edgewood Middle SchoolGrades 6-80.5 mi
9/10
Highland Park High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1926

Materials

  • Construction materials: Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Stainless Steel Appliance(s)

Basement

  • Has basement: Yes
  • Basement: Unfinished,Full

Bedroom2

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 143
  • Dimensions: 13X11

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 104
  • Dimensions: 13X8

Features

  • 1st Floor Bedroom,1st Floor Full Bath
  • Window features: Skylight(s),Window Treatments
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 0
  • Total interior livable area: 1,273 sqft

Kitchen

  • Level: Main
  • Area: 126
  • Dimensions: 9X14

Laundry

  • Level: Basement
  • Area: 100
  • Dimensions: 10X10

Living Room

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 260
  • Dimensions: 13X20

Master Bedroom

  • Features: Flooring (Hardwood)
  • Level: Main
  • Area: 221
  • Dimensions: 13X17

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 16264030110000
  • Special condition: None

Features

  • Stories: 1

Lot

  • Lot size: 7,087 sqft

Parking

  • Total spaces: 3
  • Parking features: Asphalt,Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Strong Wind
Tornado
Lightning
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,371$28,452
Home Insurance *$198$2,376
Property Taxes $883$10,596
Electricity $130$1,569
Total$3,582$42,984
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$122,811/yr
40% on housing$107,460/yr
45% on housing$95,520/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.8%
12.8%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$368This listing

vs Other Active Listings

Avg $/sqft

ZIP 60035$371
Lake County$238

vs Homes Sold Last Month

Median $/sqft

ZIP 60035$295
Lake County$214

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Listing removed$469,000
2026-07-27Contingent$469,000
2026-07-24Price change$469,000
2026-07-17Price change$479,000
2026-07-13Price change$489,000
2026-07-06Listed for sale$499,000
2026-07-01Contingent$499,000
2026-06-24Listed for sale$499,000
2025-09-09Sold$425,000
2025-08-29Pending sale$379,000
2025-07-23Contingent$379,000
2025-07-17Listed for sale$379,000
2003-11-13Sold$306,000
1999-11-15Sold$226,000
1996-11-19Sold$194,000

For Sale by Agent

AgentAlison Wertheimer
Brokerage@properties Christie's International Real Estate

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