Grayslake Grayslake, IL 60030
- Land
- 1,200 SF
Current Use by Public Records
- Land
Property Details for 0 Grayslake
- Year built
- 2021
- Property size
- 1,200 SF
- Property type
- Land
Description
This exceptional commercial land parcel, located at the highly visible southeast corner of Route 120 and Route 45 in Grayslake, Illinois (zip code 60030), offers a unique owner-user opportunity. The property, built in 2021, features a flexible lot size ranging from 1,200 to 11,000 square feet, allowing for a variety of development options. Its strategic location benefits from a signalized intersection, ensuring high visibility and accessibility. The site's desirability is further enhanced by its proximity to established businesses and a strong demographic profile. Fresenius Dialysis recently purchased an adjacent lot, highlighting the area's appeal for healthcare and commercial ventures. An Anthology Assisted Living facility is also immediately neighboring the property. The surrounding area boasts an average household income exceeding $122,000 within a three-mile radius, indicating a robust consumer base. Furthermore, the Northwestern Medicine Grayslake Outpatient Center is conveniently located less than 0.3 miles away. The vacant land presents a build-to-suit opportunity, allowing for customized development to meet specific business needs. Drive-thru capabilities are also a possibility, making this site ideal for a range of commercial uses. This is a ground lease property.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grayslake
- County
- Lake
- State
- Illinois
- Longitude
- -88.0417
- Latitude
- 42.3445
