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700-798 S Lake St
Grayslake, IL 60030
Grayslake Transportation Parcel 43.5 Parcel · Land For Sale · 43.50 AC

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INVESTMENT HIGHLIGHTS

  • PIN Number: 06-35-300-027 & 06-35-300-033
  • Please call for additional Information
  • Traffic Counts: 7,250 vehicles per day on Route 83 37,500 vehicles per day on Route 120 14,000 vehicles per day on Route 137

EXECUTIVE SUMMARY

+ Zoned NC/GI - Neighborhood Conservation/General Industry
+ Located approximately 40 miles north of Chicago
+ Easy access to Route 83, Route 120 & Route 137 via Lake Street
+ Development parcel has existing entitlements agreement with Village of Grayslake and Lake County, allowing for multi-family housing via planned development application
+ Development scheme has been reviewed by Village of Grayslake and meets their expectations for such multi-family development
+Wetland mitigation is required for indicated 10-acre multi-unit building scheme, Regulatory agencies indicate that on-site mitigation is possible, without requiring purchase of any off-site wetland mitigation credits

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Healthcare
  • Hold For Development
Total Lot Size 43.50 AC

1 LOT AVAILABLE

Lot

Price $3,000,000
Price Per AC $68,965.52
Lot Size 43.50 AC

+ Directly south of the Grayslake Metra Station with daily service to Chicago’s Union Station +Nearby Grayslake Prairie Crossing offers service to both Union Station and O’Hare Airport +Within Grayslake Central High School District

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 06-35-300-033
  • 06-35-300-027
Land Assessment
$23,297
Improvements Assessment
$0
Total Assessment
$23,297
  • Listing ID: 31588177

  • Date on Market: 4/23/2024

  • Last Updated:

  • Address: 700-798 S Lake St, Grayslake, IL 60030

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