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Grayslake Corner Acreage with Signal
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SWC Rte. 120 & Alleghany, Grayslake, IL 60030

Over 30-acre site suitable for various developments in Grayslake.

Property SizeContact for details
Lot Size30.00 Acres
Days on Market2822

Property Features for SWC Rte. 120 & Alleghany

General Information

Standard status Active
Lot size 30.00 Acres
Property subtype Land
Zoning R1
Listing Agency: Robert E. Frank Real Estate, Inc.
Listed By: Robert Frank · License #IL 471012445
Source: Crexi
Added: Dec 14, 2018 Changed: Sep 3 Last Checked: Sep 2 at 6:07PM

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, Inc.

Investment Insights

Based on property information with market context.

This over 30-acre corner acreage in Grayslake features a traffic signal and is bordered by Route 120, Alleghany Road, and a railroad. The site is currently being farmed. It is located just north of the 1.3 million square foot Medline facility and the planned multi-billion dollar T5 Data Center, and minutes from the METRA, Grayslake Village Center, parks, and recreation. The site could be rezoned for a convenience store with fuel, medical or professional office space, light industrial use, a corporate headquarters, multi-family housing, or senior housing, all subject to review and approval by the Village of Grayslake. The seller will consider subdividing the site, and the hard corner can be carved off. Walking the property is at one's own risk, and care should be taken not to damage crops.

Key Highlights

  • Over 30 acre site with potential for rezoning to various commercial uses.
  • Located near major employers like Medline and the planned T5 Data Center.
  • Corner acreage with traffic signal.

Property Analytics

Current Use

Land

Location Intelligence

Trade Area within ½ mile

39
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
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Frequently Asked Questions

What type of property is this?
Land - Over 30-acre site suitable for various developments in Grayslake.
Where is this land located?
The property is located at SWC Rte. 120 & Alleghany 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: Over 30 acre site with potential for rezoning to various commercial uses.; Located near major employers like Medline and the planned T5 Data Center.; Corner acreage with traffic signal.
(847) 356-5263 Call to check price and availability
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