Commercial Development Land with
18745 W IL 120 Route Grayslake, IL 60030
New
For Sale
$499,000
COMMERCIAL - Grayslake, IL
Lot Size4.48 Acres
Days on Market2
Property Features for 18745 W IL 120 Route
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 07311000290000
- Lot size
- 4.48 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12516
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1981
- Floors in Building
- 1
Listing Agency:
Re/Max Advantage
(847) 395-3000
Listed By:
Danielle Welker · License #475144765
(847) 293-6453
Added: Jul 23
Last Checked: Jul 24 at 10:06AM
MLS# 12712864
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Investment Insights
Based on property information with market context.
This offering is a commercial development land parcel totaling 4.48 acres, with 304 feet of frontage on IL Route 120 in Grayslake. The property is zoned General Business (GB) and provides flexibility for a range of commercial and mixed-use concepts, subject to municipal approval.
The site currently includes a large existing home, along with a working well and septic system. City water and sewer are also available for future expansion and development, supporting continued use or development planning.
With substantial frontage and available utilities, the property is positioned for interim functionality while development plans are finalized.
The site currently includes a large existing home, along with a working well and septic system. City water and sewer are also available for future expansion and development, supporting continued use or development planning.
With substantial frontage and available utilities, the property is positioned for interim functionality while development plans are finalized.
Key Highlights
- Nearly 4.5 acres with 304 ft of frontage on IL Route 120 in Grayslake
- General Business (GB) zoning supports a wide range of commercial uses (subject to municipal approval)
- Existing structure includes a working well and septic system for immediate functionality
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
What type of property is this?
Commercial land - Over 4 acres of General Business-zoned land with frontage on IL Route 120, including a working well and septic.
Where is this commercial land located?
The property is located at 18745 W IL 120 Route Grayslake, IL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Nearly 4.5 acres with 304 ft of frontage on IL Route 120 in Grayslake; General Business (GB) zoning supports a wide range of commercial uses (subject to municipal approval); Existing structure includes a working well and septic system for immediate functionality