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Nikki Mayer
Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
Mobile:
708 268 2313
infohometown@gmail.com

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34625 IL ROUTE 83 Road
Grayslake, IL 60030
18521 Il Route 120 Highway
Grayslake, IL 60030
Lake, US
$1,890,000.00 listing calculator
Status: Active (For Sale)
Type: Land and Farm
Lot Size: 28.01 Acres
MLS ID: 12513982


Overview
Photos (6)
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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 retail 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.

Courtesy Of: Baird & Warner


General Features


List Date:
11/08/2025

Exterior Features and Amenities


Lot Size Dimensions:
1168x785x666x683x701x131x259

Financial


Days On Market:
7
Tax Annual Amount:
$7,103.00
Tax Year:
2024

Other Features


Elementary School District:
50
High School District:
121
Middle Or Junior School District:
50


Directions


Route 120 east of Route 45 on South side of road.

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2025-12-19
.

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