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About This Home
This land at 18521 W. Il Route 120 Highway in Grayslake, IL is listed for $1,795,500 (N/A).
Outstanding 28-acre parcel strategically located along highly traveled Route 120, offering excellent visibility, access, and frontage in the heart of Lake County's growth corridor. Zoned General Business (GB) and Shopping Center Business (SCB), this property allows for a wide variety of commercial and mixed-use development opportunities including r
etail centers, restaurants, medical offices, professional suites, entertainment uses, or potential residential components subject to approvals. Grayslake's business-friendly environment and central location between major regional hubs make this an exceptional opportunity for forward-thinking developers.
Utilities are nearby, and surrounding development includes strong national retailers, established residential neighborhoods, and expanding commercial corridors providing a built-in customer base and workforce. A four-bedroom single-family home currently occupies the property and is rented on a month-to-month basis, offering immediate holding income during planning and entitlement.
This is one of the few remaining large development sites along Route 120, ideal for investors, builders, and commercial developers seeking scale, flexibility, and high visibility in a thriving market.
Location
18521 W. Il Route 120 Highway
Grayslake, IL 60030
Questions & Answers
This 0-bedroom, 0-bathroom land at 18521 W. Il Route 120 Highway is listed at $1,795,500. The estimated monthly payment is $7,781 based on 20% down at 6.5% interest.
This property is listed by Ben Lovinger and can be reached at 8477789519 or ben.lovinger@bairdwarner.com.