35052 Illinois 83 Grayslake, IL 60030

OFF-MARKET

Land

3.56 ac lot

This exceptional 3.56-acre commercial land parcel presents a unique investment opportunity in Grayslake, Illinois. Located at 35052 N Illinois 83, the property boasts prominent frontage along both Illinois Route 83 and Shorewood Road, ensuring high visibility and accessibility. The site is zoned GB - General Business District, offering a wide range of development possibilities. Its strategic location near the Round Lake Metra Station provides convenient access to Chicago via daily train service. High traffic counts further enhance its appeal: 19,900 vehicles per day on IL Route 83 and 2,150 vehicles per day on W Shorewood Road. The property's APN is 06-15-400-023, and the annual property taxes are $14,556. This offering is subject to offer. Detailed information and site plans are available upon request. This is an exceptional opportunity to acquire a well-positioned commercial land parcel in a thriving area with excellent transportation links and high traffic volume. Don't miss this chance to capitalize on this prime location.

Property type Land

Lot 3.56 ac (155,074 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

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Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

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