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18521 W Il Route 120 Highway Grayslake, IL 60030

$1,890,000
Active / MLS# 12513982 / Land - Farm / Grayslake
0 Beds

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.

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Baird & Warner Jeffrey Schwartz Email

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Estimated Payment

$ 5,343.17 per month $4,200.00 Principal & Interest $591.92 Property Tax $551.25 Homeowner's Insurance
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Property Details

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

Schools

School District: District 121

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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