18521 W Il Route 120 Highway, Grayslake, IL 60030

Grayslake
Local realty services provided by:Better Homes and Gardens Real Estate Connections
18521 W Il Route 120 Highway,Grayslake, IL 60030
$1,705,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Farm
  • Active
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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:12513982
  • Updated:August 13, 2026 at 11:08 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)
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.

New listings near 18521 W Il Route 120 Highway