LOT SIZE 28.010 acres
MLS#12513982
STATUSActive
PROPERTY TYPELand - Farm
SCHOOLDistrict 121
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.
Property Features
Property Type: Land - Farm
Basement: Cellar
Lot Size: 28.01 Acres
Taxes: $7,103
Feature Descriptions
Laundry: In Unit
Lot Dimensions: 1168x785x666x683x701x131x259
Parcel#: 07311000230000
Township: Warren
Local Schools
School District: District 121
Listed By / Shown By
Listed By
Agency Name: Baird & Warner
Agency Phone: 847-367-1855
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 5,349.49 per month $4,206.32 Principal & Interest $591.92 Property Tax $551.25 Homeowner's InsuranceChange Payment Information
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18521 W Il Route 120 Highway | MLS# 12513982
This land located at 18521 W Il Route 120 Highway, Grayslake, IL 60030 is currently listed for sale with an asking price of $1,890,000. The property has approximately 28.01 Acres. W Il Route 120 Highway is located within the District 121 school district. Search Grayslake real estate on www.bhhscrosby.com today.