Agricultural Land at Signalized
New
For Sale
$3,995,000
26155 W Il Route 120, Grayslake, IL 60030
The currently farmed site sits beside a signalized intersection and may be considered for subdivision.
Property SizeContact for details
Days on Market7
Property Features for 26155 W Il Route 120
General Information
Standard status
Active
Property subtype
Land
Zoning
SINGL
Taxes and HOA fees
Annual Taxes
$1,208
Amenities
Municipal Water
Signal Intersection
785X37X610X740X910X405X1315
30.53
No
1309
Asphalt
Listing Agency:
Robert E. Frank Real Estate
(708) 787-2808
Listed By:
Moiz Malik
Source:
Kawashgroup
Added: Oct 26
Changed: Oct 31
Last Checked: Oct 31 at 3:23AM
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 Robert E. Frank Real Estate
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Investment Insights
Based on property information with market context.
This 30.53-acre agricultural property is currently farmed and includes a corner at a signalized intersection. The seller may consider dividing the site, including carving off the hard corner.
The property is bordered by Route 120, Alleghany, and a railroad. It is just north of Medline’s Grayslake facility and a planned T5 Data Center. METRA, Grayslake Village Center, and parks and recreation are described as minutes away.
Potential alternative uses, including retail, medical, office, industrial, residential, and senior housing, would require Village of Grayslake review and approval.
The property is bordered by Route 120, Alleghany, and a railroad. It is just north of Medline’s Grayslake facility and a planned T5 Data Center. METRA, Grayslake Village Center, and parks and recreation are described as minutes away.
Potential alternative uses, including retail, medical, office, industrial, residential, and senior housing, would require Village of Grayslake review and approval.
Key Highlights
- 30.53 acres of currently farmed land
- Signalized intersection with a hard corner that may be divided from the larger site
- Bordered by Route 120, Alleghany, and a railroad
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Location Intelligence
Trade Area within ½ mile
129
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - The currently farmed site sits beside a signalized intersection and may be considered for subdivision.
Where is this agricultural land / farmland located?
The property is located at 26155 W Il Route 120 Grayslake, IL.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: 30.53 acres of currently farmed land; Signalized intersection with a hard corner that may be divided from the larger site; Bordered by Route 120, Alleghany, and a railroad
