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4 Properties Within 0.5 miles of: 18745 W Il 120, Grayslake

18745 W Il 120
Grayslake, IL 60030

Price

$499,000

Est Payment
$3,587 / month (details)  
Taxes
$12,516  
Type
Land  
Sq. Ft.
n/a  
Lot Size
304x670x299x632  
Neighborhood
Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood  
MLS
#12712722
Status
Active (2 days)

Property 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!

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water Well
  • Sewer Septic Tank

Additional Information

Schools
District 127, Warren Township High School (121), Warren Township High School (121)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

07-23-2026 Listed at $499,000
Last Modified 7/23/26 5:42 PM

Nearby Transportation

  • I 94 West 3.6 mi
  • I 94 East 3.7 mi
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