$1,890,000

18521 W Il Route 120 Highway, Grayslake, IL 60030

  • Property Icon Ranch Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon28.01acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Outstanding 28-acre parcel strategically located along highly traveled Route 120, offering excellent visibility, access, and frontage in the heart of Lake County's growth corridor. Zoned General Business (GB) and Shopping Center Business (SCB), this property allows for a wide variety of commercial and mixed-use development opportunities including retail centers, restaurants, medical offices, professional suites, entertainment uses, or potential residential components subject to approvals. Grayslake's business-friendly environment and central location between major regional hubs make this an exceptional opportunity for forward-thinking developers. Utilities are nearby, and surrounding development includes strong national retailers, established residential neighborhoods, and expanding commercial corridors providing a built-in customer base and workforce. A four-bedroom single-family home currently occupies the property and is rented on a month-to-month basis, offering immediate holding income during planning and entitlement. This is one of the few remaining large development sites along Route 120, ideal for investors, builders, and commercial developers seeking scale, flexibility, and high visibility in a thriving market.

Listing Status:
Active
Listing Office:
Baird & Warner : 847-367-1855
Listing Agent:
Benjamin Lovinger : 847-778-9519
MLS ID:
12513982
  • Laundry: In Unit
  • Basement: Cellar
  • Parking: Parking spaces: 0
  • Road/Access: AsphaltState RoadPublic Road
  • Originating MLS: mred
  • School District: 50
  • County: Lake
  • Zoning: AGRIC07311000230000
  • Current Use: Agricultural
  • Utilities: Electric to SiteNatural Gas AvailableSewer NearbyWater Available
  • Water: Municipal Water
  • Sewer: Storm Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Benjamin Lovinger, Baird & Warner

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Woodland Elementary School

17261 W Gages Lake Rd, Grayslake, IL, 60030

Grades 1-3

1.46 miles away

W

Woodland Middle School

7000 Washington St, Gurnee, IL, 60031

Grades 6-8

2.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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