18521 W Il Route 120 Highway, Grayslake, IL 60030
Local realty services provided by:CENTURY 21 New Heritage
Listed by: benjamin lovinger, jill lovinger
Office: baird & warner
MLS#:12513982
Source:MLSNI
Price summary
- Price:$1,890,000
About this home
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....
Contact an agent
Home facts
- Listing ID #:12513982
- Updated:May 02, 2026 at 10:47 AM
Rooms and interior
- Basement:Yes
- Basement Description:Cellar
Structure and exterior
- Lot area:28.01 Acres
Finances and disclosures
- Price:$1,890,000
- Tax amount:$7,103 (2024)
New listings near 18521 W Il Route 120 Highway
- New
$799,000Active4 beds 4 baths3,840 sq. ft.884 Blazing Star Road, Grayslake, IL 60030
MLS# 12635986Listed by: BAIRD & WARNER - New
$229,000Active2 beds 2 baths1,472 sq. ft.54 Rocking Horse Lane, Grayslake, IL 60030
MLS# 12635523Listed by: PAYES REAL ESTATE GROUP - New
$435,000Active4 beds 4 baths2,236 sq. ft.1030 Mount Vernon Drive, Grayslake, IL 60030
MLS# 12594505Listed by: EXP REALTY - New
$615,000Active4 beds 3 baths2,196 sq. ft.155 S Slusser Street, Grayslake, IL 60030
MLS# 12603704Listed by: COLDWELL BANKER REALTY - Open Sun, 2 to 4pmNew
$275,000Active3 beds 3 baths1,519 sq. ft.1466 Doolittle Lane #1466, Grayslake, IL 60030
MLS# 12631217Listed by: BAIRD & WARNER - Open Sun, 2:30 to 4pmNew
$399,000Active3 beds 2 baths1,400 sq. ft.2392 Carillon Drive, Grayslake, IL 60030
MLS# 12615024Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - Open Sun, 1 to 2:30pmNew
$168,000Active2 beds 1 baths1,075 sq. ft.33561 N Royal Oak Lane #209, Grayslake, IL 60030
MLS# 12634151Listed by: CLOUD GATE REALTY LLC - Open Sun, 12 to 2pmNew
$419,990Active3 beds 3 baths1,465 sq. ft.104 Enfield Lane, Grayslake, IL 60030
MLS# 12629323Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - Open Sat, 12 to 2pmNew
$375,000Active5 beds 3 baths2,317 sq. ft.955 Blackburn Drive, Grayslake, IL 60030
MLS# 12623295Listed by: BAIRD & WARNER
$250,000Pending2 beds 3 baths1,437 sq. ft.1363 Longchamps Court, Grayslake, IL 60030
MLS# 12616872Listed by: KELLER WILLIAMS PREMIERE PROPERTIES