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Property profile

137 Rte 120 & Rte Libertyville, IL 60030

OFF-MARKET
Land
36.7 ac lot

Property summary

AI-generated overview

This exceptional 36.7-acre commercial land parcel presents a remarkable development opportunity in Grayslake, Illinois. Located at the intersection of Route 120 and Route 137, this property boasts a highly desirable Planned Unit Development (PUD) zoning designation, allowing for a wide range of commercial uses. Its strategic location offers unparalleled access to major transportation arteries and a robust consumer base. The site is directly adjacent to the Jewel-anchored Mapleview Shopping Center, ensuring high visibility and convenient access to existing retail amenities. Furthermore, its proximity to both the North Central Service and Milwaukee District North Commuter Metra Line stations provides excellent commuter access. The property is situated within Lake County, Illinois, and benefits from being in one of the state's top-ranked public school districts. The parcel's APN is 06-35-400-04

Property profile

Verified
Property type Land
Lot 36.7 ac (1,598,652 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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