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18690 W Route 120 Hwy 0.75 Acres of Commercial Land Offered at $425,000 in Grayslake, IL 60030

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Investment Highlights

  • 126’ of frontage along a heavily trafficked corridor
  • Zoned GB (General Business) – flexible development options
  • Surrounded by strong national retailers including Walgreens, Jewel Osco, McDonald’s, Arby’s, and The UPS Store
  • 23,100 vehicles per day on IL Route 120
  • Fully paved lot in place
  • Located within an affluent trade area with average household incomes over $170,000 (3-mile radius)

Property Facts

Price $425,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Single Family Residence
Total Lot Size 0.75 AC
No. Stories 1
Zoning GB

1 Lot Available

Lot

Price $425,000
Price Per AC $569,628.74
Lot Size 0.75 AC

Three quarters of an acre of land for sale or lease, located on IL Route 120 just east of Route 45 at 18690 W. Highway 120, Grayslake, Illinois.

Description

Prime corner development site located at the intersection of IL Route 120 and Sears Boulevard in Grayslake, IL. This highly visible property offers 126 feet of frontage, two full-access corners, and exposure to 23,100 vehicles per day. Zoned GB (General Business), the site is ideally suited for retail or service-oriented development. Positioned near strong national tenants including Walgreens, Jewel Osco, McDonald’s, and Arby’s, and surrounded by an affluent trade area with average household incomes over $170,000 within three miles.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 07-31-105-001
  • 07-31-105-002
Land Assessment
$57,043
Improvements Assessment
$5,382
Total Assessment
$62,425
  • Listing ID: 39224374

  • Date on Market: 11/4/2022

  • Last Updated:

  • Address: 18690 W Route 120 Hwy, Grayslake, IL 60030

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