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18690 W Route 120 Hwy 0.75 Acres of Commercial Land Offered at $425,000 in Grayslake, IL 60030
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 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.75 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | GB | ||
| Price | $425,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.75 AC |
| No. Stories | 1 |
| Zoning | GB |
1 Lot Available
Lot
| Price | $425,000 | Lot Size | 0.75 AC |
| Price Per AC | $569,628.74 |
| 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.
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $72,623 | |
| Land Assessment | $78,718 | Total Assessment | $151,341 |
Property Taxes
Parcel Numbers
Land Assessment
$78,718
Improvements Assessment
$72,623
Total Assessment
$151,341
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