Grayslake, IL 60030,18521 W Il Route 120 Highway
Grayslake, IL 60030,18521 W Il Route 120 Highway
Grayslake, IL 60030,18521 W Il Route 120 Highway
Grayslake, IL 60030,18521 W Il Route 120 Highway
Grayslake, IL 60030,18521 W Il Route 120 Highway
Grayslake, IL 60030,18521 W Il Route 120 Highway
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Amber Holup

Amber Holup

+1(708) 870-6835
Listed by Benjamin Lovingerof Baird & Warner
$ 1,890,000
Est. payment | /mo

28.01 Acres Lot

Save Virtual Tour
$ 1,890,000
Est. payment | /mo
Save Virtual Tour

28.01 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12513982

Annual Tax Amount $7,103

Tax Year 2024

Lot Size 28.010 Acres

Lot Dimensions 1168x785x666x683x701x131x259

Property Sub-Type Land

Property Description

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.

Location

State IL

County Lake

Zoning AGRIC

Rooms

Basement Cellar

Interior

Fireplace N

Laundry In Unit

Exterior

Utilities Available Electric to Site, Natural Gas Available, Sewer Nearby, Water Available

View Y/N true

Building

Sewer Storm Sewer

Water Municipal Water

Schools

School District 50, 50, 121

Others

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://listings.hapiphotography.com/videos/019a2b04-b41f-72cf-9328-29f76986da8c?v=91

Midwest Real Estate Data (MRED) VOW
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
NEARBY SCHOOLS & PROPERTIES
SCHOOLSPROPERTIES
Elementary Schools 14
  • 8

    Prairie Crossing Charter School

    Public | KG - 8

  • 8

    Adler Park School

    Public | PK - 5

  • 7

    Frederick School

    Public | 5 - 6

  • 6

    Woodland Intermediate School

    Public | 4 - 5

  • 5

    Woodland Elementary School

    Public | 1 - 3

  • 0

    Peppermint Stick Preschool & Learning Center

    Private | PK - KG

  • 0

    Old School Montessori

    Private | PK - 6

  • 0

    Poko Loko Early Learning Center

    Private | PK - KG

  • 0

    The Goddard School Third Lake

    Private | PK - KG

  • 0

    Alta Vista Montessori School

    Private | PK - KG

  • 0

    Gages Lake School

    Public | PK - 12

  • 0

    Laremont School

    Public | PK - 12

  • 0

    Woodland Primary School

    Public | PK - KG

  • 0

    Country Meadows Montessori School

    Private | PK - 8

Middle Schools 4
  • 7

    Grayslake Middle School

    Public | 7 - 8

  • 6

    Woodland Middle School

    Public | 6 - 8

  • 0

    Montessori School of Lake Forest Adolescent Prgm

    Private | 7 - 9

  • 0

    Lake County Collaborative Alop

    Public | 7 - 12

High Schools 2
  • 10

    Warren Township High School

    Public | 9 - 12

  • 0

    Cyd Lash Academy

    Public | 9 - 12

School and business data provided by Attom Data.
Amber Holup

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(708) 870-6835

amber@thehnghomes.com

9755 W 143rd St., Park, IL

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18521 W Il Route 120 Highway