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18745 W Il 120 Route, Grayslake, IL 60030

Grayslake
Local realty services provided by:CENTURY 21 New Heritage
18745 W Il 120 Route,Grayslake, IL 60030
$499,000
  • 4.48 Acres
  • Lots / Land
  • Pending
Listed by: danielle welker
Office: re/max advantage
MLS#:12712722
Source:MLSNI

Price summary

  • Price:$499,000

About this home

Exceptional commercial development opportunity on nearly 4.5 acres with 304 feet of frontage on highly traveled IL Route 120 in Grayslake! Zoned General Business (GB), this prime property offers incredible flexibility for a wide variety of commercial, retail, office, service, or mixed-use possibilities (subject to municipal approval). The property currently features a large existing home, along with a working well and septic system, providing immediate functionality while you finalize development plans. Whether you're looking for temporary office space, a business headquarters, or an interim use before redevelopment, the existing structure offers valuable flexibility. City water and sewer are available for future expansion and development. With outstanding visibility, easy access, and a high daily traffic count, this location offers exceptional exposure for your business or investment. Opportunities with nearly 4.5 acres, 304 feet of highway frontage, flexible General Business zoning,...

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Home facts

  • Listing ID #:12712722
  • Updated:October 28, 2026 at 08:22 AM

Structure and exterior

  • Lot area:4.48 Acres

Schools

  • Middle school:Warren Township High School
  • Elementary school:Warren Township High School

Finances and disclosures

  • Price:$499,000
  • Tax amount:$12,516 (2025)
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Lisa Rossow

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