17072 Il-120 Grayslake, IL 60030

This exceptional 4.6-acre land parcel in Grayslake, Illinois, presents a remarkable commercial and residential development opportunity. Located at 17072 IL-120, the property boasts 700 feet of frontage on IL Route 120, ensuring high visibility and traffic counts. Currently zoned OS, the land offers the potential for diverse development projects, and annexation into Gurnee is a possibility. The site's strategic location offers unparalleled convenience, situated a mere 30-minute drive from O'Hare International Airport and an hour from downtown Chicago. Adding to its appeal, the property sits directly across from the prestigious Merit Club Golf Course. The surrounding area boasts strong demographics, with an average household income exceeding $127,546 within a three-mile radius, indicating a robust market for new development. The asking price for this exceptional property is $1,200,000, translating to $5.99 per square foot. This represents a unique chance to capitalize on a prime location and create a thriving development in a highly desirable area of Lake County. The property's potential for significant return on investment makes it an attractive proposition for discerning developers.