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!
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: Dale Williams
Agent Phone: Cell: (815) 519-2243
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 3,455.16 per month $2,266.61 Principal & Interest $1,043.00 Property Tax $145.54 Homeowner's InsuranceChange Payment Information
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
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 dwilliams.gogambino.com today.