33211 N Island Avenue Grayslake, IL 60030

Listing agent Jeffrey Sklar License #471.021523 Show Phone

Listing office Beycome Brokerage Realty LLC c***@beycome.com 5701 Sunset Dr., South Miami, IL Show Phone

Listing date Jan 14, 2026

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MLS# 12547801 Listing URL

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Located at 33211 N Island Ave, Grayslake, IL, this land property offers an exceptional opportunity. The parcel, situated in a serene and picturesque setting on Gages Lake, provides ample space for creative development. The property consists of four lots totaling approximately 0.86 acres. It is located in R4 zoning, which would allow for some multifamily dwellings. A buyer could consider combining these lots to make a larger multifamily dwelling or a large dream home. The property pins are 07-30-401-034, 07-30-401-033, 07-30-401-032, and 07-30-401-031. The seller is willing to consider selling parcels separately, but remaining parcels must not be separated. It is surrounded by natural beauty and tranquility, while also providing the convenience of nearby amenities. The buyer is responsible for due diligence.

Key Highlights

• Four lots totaling approximately 0.86 acres on Gages Lake
• R4 zoning allows for multifamily dwellings
• Potential to combine lots for a larger multifamily dwelling or dream home

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FAQs

What type of property is this?

Land - Land totaling approximately 0.86 acres on Gages Lake.

Where is this land located?

The property is located at 33211 N Island Avenue Grayslake, IL.

What is the asking price?

The asking price for this property is $240,000.

What are key features of this property?

This property features: Four lots totaling approximately 0.86 acres on Gages Lake; R4 zoning allows for multifamily dwellings; Potential to combine lots for a larger multifamily dwelling or dream home