$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 #12712722
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site38
Listing Provided ByRe/Max Advantage | Danielle Welker

Features

Acreage4.48

Utilities

UtilitiesElectric to Site, Natural Gas Available, Sewer Nearby, Water Nearby, Cable Available
SewerSeptic Tank

Taxes

Tax Year2025
Tax Annual Amount12516

Area Information

StateIL
CountyLake
CityGrayslake
Zip Code60030
AreaGages Lake | Grayslake | Hainesville | Third Lake | Wildwood
School DistrictWarren Township High School
Elementary SchoolWarren Township High School
Listing VS Median (in 60030)
Price:
$499,000
low | high
Med:
$345,000
80.861723446894% of Average
On site:
38
low | high
Med:
10
100% of Average
Sourced by Back At You

Market Activity 60030

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Contact

Learn More About This Property

Daniel and Associates Real Estate

Daniel and Associates Real Estate

 (630) 231-8090daareoffice@daare.com
StateIL
CountyLake
CityGrayslake
Zip Code60030
AreaGages Lake | Grayslake | Hainesville | Third Lake | Wildwood
School DistrictWarren Township High School
Elementary SchoolWarren Township High School
Listing VS Median (in 60030)
Price:
$499,000
low | high
Med:
$345,000
80.861723446894% of Average
On site:
38
low | high
Med:
10
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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