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18745 W IL 120 Route, Grayslake, IL, 60030
Commercial Development Land with Utilities

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
Listed By: Danielle Welker · License #475144765
Added: Jul 23 Last Checked: Jul 24 at 10:06AM
MLS# 12712864

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.


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.

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
More about this property
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