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Gages Lake Land Opportunity
For Sale
$220,000

33211 N Island Avenue, Grayslake, IL 60030

Land, Grayslake, IL

Property SizeContact for details
Days on Market218

Property Features for 33211 N Island Avenue

General Information

Property type Land
Property subtype Other
High school Warren Township High School
Elementary school district 50
Middle school district 50
High school district 121
Directions Drive east on Center St. Right to US 45. Left to Belvidere Road/IL 120. Left to North Battershall Road. Turn right to stay on North Battershall Road. Bear left onto North Lake Shore Drive.
Subdivision Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
Standard status Active
APN 07304010320000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7447
Listing Agency: Beycome Brokerage Realty LLC
Listed By: Jeffrey Sklar · License #471.021523
Added: Jan 14 Changed: Aug 19 Last Checked: Aug 20 at 3:06PM
MLS# 12547801

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.

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

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Dental Office Hair Salon Real Estate Agency Restaurant Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

258
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

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 $220,000.
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
More about this property
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