$499,000
( )
 $2,679 est/mo Sourced by Back At You

18745 W Il 120 Route,Grayslake, IL 60030

Grayslake, IL 60030

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Description

Exceptional commercial development opportunity on nearly 4.5 acres with 304 feet of frontage on highly traveled IL Route 120 in Grayslake! Zoned General Business (GB), this prime property offers incredible flexibility for a wide variety of commercial, retail, office, service, or mixed-use possibilities (subject to municipal approval). The property currently features a large existing home, along with a working well and septic system, providing immediate functionality while you finalize development plans. Whether you're looking for temporary office space, a business headquarters, or an interim use before redevelopment, the existing structure offers valuable flexibility. City water and sewer are available for future expansion and development. With outstanding visibility, easy access, and a high daily traffic count, this location offers exceptional exposure for your business or investment. Opportunities with nearly 4.5 acres, 304 feet of highway frontage, flexible General Business zoning, and city utilities available are becoming increasingly rare. Bring your vision and capitalize on one of Grayslake's premier commercial corridors!

Details

MLS #12712864
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1981
Days On Site47
Listing Provided ByRe/Max Advantage | Danielle Welker

Features

Story(s)1
ZoningOTHER
Acreage4.48

Interior

CoolingCentral Air

Utilities

ElectricOther

Taxes

Tax Year2025
Tax Annual Amount12516

Area Information

StateIL
CountyLake
CityGrayslake
Zip Code60030
AreaGages Lake | Grayslake | Hainesville | Third Lake | Wildwood
Listing VS Median (in 60030)
Price:
$499,000
low | high
Med:
$347,000
80.460921843687% of Average
On site:
47
low | high
Med:
33
100% of Average
Sourced by Back At You

Market Activity 60030

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Learn More About This Property

StateIL
CountyLake
CityGrayslake
Zip Code60030
AreaGages Lake | Grayslake | Hainesville | Third Lake | Wildwood
Listing VS Median (in 60030)
Price:
$499,000
low | high
Med:
$347,000
80.460921843687% of Average
On site:
47
low | high
Med:
33
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $374K - $623K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
18745 W IL 120 Route Property Photo 1
$499,000
18745 W Il 120 Route
Grayslake, IL 60030
Listing Updated: July 28, 2026 at 11:14:55 PM PDT
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