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$499,000
11 Days On Site

18745 W IL 120 Route
Grayslake, IL 60030

For Sale|Land|Active
County:
Lake
Listing Courtesy of MRED as distributed by MLS Grid of Re/Max Advantage
Call Now: 847.967.0022
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847.967.0022
18745 W IL 120 Route18745 W IL 120 Route18745 W IL 120 Route18745 W IL 120 Route
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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, and city utilities available are becoming increasingly rare. Bring your vision and capitalize on one of Grayslake's premier commercial corridors!

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Listing Snapshot
Price 
$499,000
Days On Site 
11 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
4.48 Acres
Year Built 
N/A
MLS® Number 
12712722
Status 
Active
Property Tax 
$12,516
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
6 days agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Acres 
4.48
Sewer 
Septic Tank
Utilities 
Natural Gas AvailableCable Available
Water Source 
Well
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Exterior Features
Frontage 
304
Community Features
MLS Area 
Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
Roads 
Asphalt
School District 
127
Township 
Warren
Schools
School District
127
Elementary School
Warren Township High School
Middle School
Warren Township High School
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Re/Max Advantage



Based on information submitted to the MLS GRID as of 2026-08-04 08:48 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-08-04 08:48 AM UTC
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Neighborhood & Commute
Source: Walkscore
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