Development Land with Dual Street
For Sale
$2,150,000
Pending
21238 W Washington Street Grayslake, Grayslake, IL 60030
Infill development site with frontage on Lake Street and Washington Street and utilities available at the property.
Property SizeContact for details
Lot Size56.63 Acres
Days on Market34
Property Features for 21238 W Washington Street Grayslake
General Information
Standard status
Pending
Lot size
56.63 Acres
Property subtype
Land
Zoning
SINGL
Site & Location
Road Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$3,125
Amenities
City Street,County Road,Public Road,Signal Intersection
(847) 356-3311
56.63 ACRES
56.63
No
1200
Asphalt
Listing Agency:
(847) 558-6808
Listed By:
Brenda Valdez
(847) 558-6808
Source:
Remaxadream
Added: Jul 9
Changed: Aug 8
Last Checked: Jul 9 at 4:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brenda Valdez
Investment Insights
Based on property information with market context.
This infill development land offering totals 56.63 acres and features frontage on both Lake Street and Washington Street. The property sits adjacent to Doolittle Park/English Meadows to the north, Washington Street to the south, Lake Street to the east, and RR tracks to the west. The site is described as suitable for new single-family housing product, with concept plans available on the seller’s website.
The property has sewer and water to the site, and an improved storm sewer was recently installed along Washington Street. A signalized corner is noted as a potential location to accommodate commercial use. The seller also notes possible development approaches including PUD, senior housing, cluster homesites, and attached housing, along with the possibility of a corporate campus pending a zoning change.
The listing also states the site is farmed for low taxes and that it lies within Grayslake High School District 127. It is positioned within walking and biking distance of the downtown business district and Metra, and it adjoins a trail system connecting to other GL parks.
The property has sewer and water to the site, and an improved storm sewer was recently installed along Washington Street. A signalized corner is noted as a potential location to accommodate commercial use. The seller also notes possible development approaches including PUD, senior housing, cluster homesites, and attached housing, along with the possibility of a corporate campus pending a zoning change.
The listing also states the site is farmed for low taxes and that it lies within Grayslake High School District 127. It is positioned within walking and biking distance of the downtown business district and Metra, and it adjoins a trail system connecting to other GL parks.
Key Highlights
- 56.63‑acre development site with frontage on Lake Street and Washington Street
- Approximately 1,200 ft of frontage with road access on city street, county road, public road, and at a signal intersection
- Utilities available: sewer and water to the site
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
142
Businesses Nearby
Explore this area
Business Placement
Demographics for 60030, IL
36,346
Population
15,006
Households
2.4
Avg Household Size
43
Median Age
49%
College-Educated
97%
High-School Grad
26.8 sq mi
ZIP Area
1,356
Density / Sq Mi
$104,920
Median Household Income
$55,766
Median Earnings
$1,526
Median Rent
$276,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Infill development site with frontage on Lake Street and Washington Street and utilities available at the property.
Where is this residential land & home lot located?
The property is located at 21238 W Washington Street Grayslake Grayslake, IL.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 56.63‑acre development site with frontage on Lake Street and Washington Street; Approximately 1,200 ft of frontage with road access on city street, county road, public road, and at a signal intersection; Utilities available: sewer and water to the site
