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18745 W Il 120 Route , Grayslake, IL 60030

$499,000
  • 18745 W Il 120 Route , Grayslake, IL 60030 Main Photo

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New to the Market New
LOT SIZE 4.480 acres MLS#12712722
STATUSNew PROPERTY TYPELand - Residential SCHOOLDistrict 127

Property Description

Exceptional commercial development opportunity on nearly 4.5 acres with 304 feet of frontage on highly traveled IL Route 120 in Grayslake! Zoned General Business (GB), this prime property offers incredible flexibility for a wide variety of commercial, retail, office, service, or mixed-use possibilities (subject to municipal approval). The property currently features a large existing home, along with a working well and septic system, providing immediate functionality while you finalize development plans. Whether you're looking for temporary office space, a business headquarters, or an interim use before redevelopment, the existing structure offers valuable flexibility. City water and sewer are available for future expansion and development. With outstanding visibility, easy access, and a high daily traffic count, this location offers exceptional exposure for your business or investment. Opportunities with nearly 4.5 acres, 304 feet of highway frontage, flexible General Business zoning, and city utilities available are becoming increasingly rare. Bring your vision and capitalize on one of Grayslake's premier commercial corridors!

18745 W Il 120 Route | MLS# 12712722

This land located at 18745 W Il 120 Route , Grayslake, IL 60030 is currently listed for sale with an asking price of $499,000. The property has approximately 4.48 Acres. W Il 120 Route is located within the District 127 school district. Search Grayslake real estate on mlobato.gogambino.com today.

Property Features

Property Type: Land - Residential
Lot Size: 4.48 Acres
Taxes: $12,516

Feature Descriptions

Current Use: Estate
Frontage: 304
Frontage Type: Public Road
Lot Dimensions: 304x670x299x632
Parcel#: 07311000290000
Road Surface: Asphalt
Township: Warren
Utilities: Electric to Site, Natural Gas Available, Sewer Nearby, Water Nearby, Cable Available

Local Schools

Middle School: Warren Township High School
Elementary School: Warren Township High School
School District: District 127

Listed By / Shown By

Listed By

Agency Name: Re/Max Advantage
Agency Phone: 847-395-3000

Shown By

Agent Name: Miguel Lobato
Agent Phone: (815) 494-7905
Agency Title: Gambino Realtors

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Estimated Payment

$ 3,455.16 per month $2,266.61 Principal & Interest $1,043.00 Property Tax $145.54 Homeowner's Insurance

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