18521 W Il Route 120 Highway, Grayslake, IL 60030
Local realty services provided by:CENTURY 21 North East
Listed by: benjamin lovinger, jill lovinger
Office: baird & warner
MLS#:12513982
Source:MLSNI
Price summary
- Price:$1,705,000
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:September 13, 2026 at 11:07 AM
Rooms and interior
- Basement Description:Cellar
Structure and exterior
- Lot area:28.01 Acres
Finances and disclosures
- Price:$1,705,000
- Tax amount:$7,103 (2024)
New listings near 18521 W Il Route 120 Highway
- New
$215,000Active2 beds 2 baths1,624 sq. ft.332 Palomino Court, Grayslake, IL 60030
MLS# 12758110Listed by: JAMESON SOTHEBY'S INTERNATIONAL REALTY - New
$280,000Active3 beds 1 baths1,824 sq. ft.153 School Street, Grayslake, IL 60030
MLS# 12751411Listed by: BAIRD & WARNER - New
$399,900Active3 beds 4 baths2,372 sq. ft.674 Shoreline Drive, Grayslake, IL 60030
MLS# 12757895Listed by: KELLER WILLIAMS NORTH SHORE WEST - New
$215,000Active2 beds 2 baths1,044 sq. ft.18639 W Sterling Court, Grayslake, IL 60030
MLS# 12756939Listed by: REAL BROKER, LLC - New
$279,000Active3 beds 3 baths1,514 sq. ft.1470 Doolittle Lane, Grayslake, IL 60030
MLS# 12756229Listed by: RE/MAX TOP PERFORMERS - New
$419,900Active4 beds 4 baths1,579 sq. ft.490 Cambridge Drive, Grayslake, IL 60030
MLS# 12745528Listed by: COLDWELL BANKER REALTY - New
$399,900Active3 beds 2 baths1,296 sq. ft.335 S Slusser Street, Grayslake, IL 60030
MLS# 12751249Listed by: BAIRD & WARNER - New
$379,900Active3 beds 2 baths2,000 sq. ft.18843 W Deerpath Road, Grayslake, IL 60030
MLS# 12754452Listed by: KELLER WILLIAMS NORTH SHORE WEST - New
$1,999,900Active3 beds 3 baths2,948 sq. ft.25651 W Illinois Route 60 Highway, Grayslake, IL 60030
MLS# 12751555Listed by: RE/MAX PLAZA - New
$724,999Active5 beds 5 baths3,853 sq. ft.860 Blazing Star Road, Grayslake, IL 60030
MLS# 12753950Listed by: BAIRD & WARNER