Graffrealty.com Search Results

$499,000

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!

12712722 MLS ⋅ NEW Status

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!

18745 W Il 120 Route, Grayslake

$325,000

Other properties in the corner are BP Gas/McDonalds/ 7-11/Culvers. High profile location. Ideal location for car wash/bank/fast foods, Strip Mall. Great location.

12698915 MLS ⋅ ACTIVE Status

Other properties in the corner are BP Gas/McDonalds/ 7-11/Culvers. High profile location. Ideal location for car wash/bank/fast foods, Strip Mall. Great location.

34625 N Il Route 83 Road, Grayslake

$73,000

Looking for a great location to build?! Look no more! Great visibility and space, for your dream home. Buildable 1 acre lot, mostly flat. Nearby utilities, with endless possibilities!! You can build a 4300+ structure or structures on this land, making your own serene Home Sweet Home, exactly as you envisioned. A short drive to Fremont School, Lakewood Grove Park, Nippersink Forest Preserve, The Chapel, Volo Quality Meats, Woodmans Fresh Market Lakemoor and various shops in the corridor. Very short Drive to the chain of Lakes! Build your home and a custom shop - garage to keep your boat close to you all year long! Great opportunity! Located within Highly desirable Fremont Elementary and Middle schools! No neighbors behind, to the front, or a side of you, for maximum privacy.

12628401 MLS ⋅ ACTIVE Status

Looking for a great location to build?! Look no more! Great visibility and space, for your dream home. Buildable 1 acre lot, mostly flat. Nearby utilities, with endless possibilities!! You can build a 4300+ structure or structures on this land, making your own serene Home Sweet Home, exactly as you envisioned. A short drive to Fremont School, Lakewood Grove Park, Nippersink Forest Preserve, The Chapel, Volo Quality Meats, Woodmans Fresh Market Lakemoor and various shops in the corridor. Very short Drive to the chain of Lakes! Build your home and a custom shop - garage to keep your boat close to you all year long! Great opportunity! Located within Highly desirable Fremont Elementary and Middle schools! No neighbors behind, to the front, or a side of you, for maximum privacy.

31101 N Fairfield Road, Grayslake

$3,300,000

Prime Mixed GC and R4 Zoning on this 17+ Acre Development Opportunity. Gages Lake, Illinois Residential - Commercial - Institutional - Luxury Estate Potential. Tucked in the heart of Lake County, this rare 17+ acre property offers the feeling of the North Woods without the long commute. Mature trees, wooded walking trails, and a stocked pond with a sandy beach create a peaceful natural setting rarely found this close to town. The featured residence, built in 1969, offers 4 bedrooms, 2 full baths, and approximately 2,269 square feet, thoughtfully positioned to capture tranquil views of the pond and surrounding landscape. Its placement feels intentional, allowing the home to take full advantage of one of the property's most attractive natural features while creating a sense of privacy and retreat. With mature trees, water views, and a setting that feels nestled into nature, the home serves as both a comfortable residence and an integral part of the property's broader estate appeal. The property also includes a single family home and a duplex producing rental income, providing immediate revenue while you plan the future of the land. With mixed-use commercial GC and residential R4 zoning already in place, the possibilities are exceptional - from residential development to an institutional campus, hobby farm, equestrian property, private family compound, or luxury estate. Imagine building your dream compound tucked into the woods toward the back of the property, running a business near the road frontage, and leveraging the existing homes for income in the front. The setting offers the feel of a North Woods weekend retreat - yet it is located right in Lake County, making it easy to enjoy nature without leaving the suburbs. The layout also allows owners to enjoy the property now while thoughtfully planning future improvements or phased development. Properties of this size and natural character are increasingly rare in Lake County, making this a compelling opportunity to create a private legacy estate. Located along Gages Lake Road, next to a school and the established Wooded Glen subdivision, this property represents a truly rare infill opportunity in Lake County. The 17+ acre parcel is offered at $3,300,000, with the option to acquire an additional .83-acre parcel featuring a beautiful 2,700+ square foot home, creating a full 18-acre offering for $3,950,000. --CONFIRMED SHOWINGS REQUIRED TO VIEW THE PROPERTY-

12590618 MLS ⋅ ACTIVE Status

Prime Mixed GC and R4 Zoning on this 17+ Acre Development Opportunity. Gages Lake, Illinois Residential - Commercial - Institutional - Luxury Estate Potential. Tucked in the heart of Lake County, this rare 17+ acre property offers the feeling of the North Woods without the long commute. Mature trees, wooded walking trails, and a stocked pond with a sandy beach create a peaceful natural setting rarely found this close to town. The featured residence, built in 1969, offers 4 bedrooms, 2 full baths, and approximately 2,269 square feet, thoughtfully positioned to capture tranquil views of the pond and surrounding landscape. Its placement feels intentional, allowing the home to take full advantage of one of the property's most attractive natural features while creating a sense of privacy and retreat. With mature trees, water views, and a setting that feels nestled into nature, the home serves as both a comfortable residence and an integral part of the property's broader estate appeal. The property also includes a single family home and a duplex producing rental income, providing immediate revenue while you plan the future of the land. With mixed-use commercial GC and residential R4 zoning already in place, the possibilities are exceptional - from residential development to an institutional campus, hobby farm, equestrian property, private family compound, or luxury estate. Imagine building your dream compound tucked into the woods toward the back of the property, running a business near the road frontage, and leveraging the existing homes for income in the front. The setting offers the feel of a North Woods weekend retreat - yet it is located right in Lake County, making it easy to enjoy nature without leaving the suburbs. The layout also allows owners to enjoy the property now while thoughtfully planning future improvements or phased development. Properties of this size and natural character are increasingly rare in Lake County, making this a compelling opportunity to create a private legacy estate. Located along Gages Lake Road, next to a school and the established Wooded Glen subdivision, this property represents a truly rare infill opportunity in Lake County. The 17+ acre parcel is offered at $3,300,000, with the option to acquire an additional .83-acre parcel featuring a beautiful 2,700+ square foot home, creating a full 18-acre offering for $3,950,000. --CONFIRMED SHOWINGS REQUIRED TO VIEW THE PROPERTY-

18238 W Gages Lake Road, Grayslake

$235,000

Four lots on Gages Lake totaling about .86 acres. Discover an exceptional opportunity with this spacious land property located at 33211 N Island Ave, Grayslake, IL. Nestled in a serene and picturesque setting on Gages Lake, this parcel is a blank canvas to build your dream home or investment property. Surrounded by natural beauty and tranquility, it provides ample space for creative development. Enjoy the convenience of nearby amenities while relishing in a private retreat atmosphere. Don't miss the chance to make this land your own. Property is located in R4 which would allow for some multifamily dwellings. Additionally, buyer could consider combining these lots to make a larger multifamily dwelling or a large dream home. Property pins 07-30-401-034, 07-30-401-033, 07-30-401-032, and 07-30-401-031. Willing to consider selling parcels separate but remaining parcels must not be separated. Price is for all four lots. Buyer is responsible for due dilligence.

12547801 MLS ⋅ PRICE CHANGE Status

Four lots on Gages Lake totaling about .86 acres. Discover an exceptional opportunity with this spacious land property located at 33211 N Island Ave, Grayslake, IL. Nestled in a serene and picturesque setting on Gages Lake, this parcel is a blank canvas to build your dream home or investment property. Surrounded by natural beauty and tranquility, it provides ample space for creative development. Enjoy the convenience of nearby amenities while relishing in a private retreat atmosphere. Don't miss the chance to make this land your own. Property is located in R4 which would allow for some multifamily dwellings. Additionally, buyer could consider combining these lots to make a larger multifamily dwelling or a large dream home. Property pins 07-30-401-034, 07-30-401-033, 07-30-401-032, and 07-30-401-031. Willing to consider selling parcels separate but remaining parcels must not be separated. Price is for all four lots. Buyer is responsible for due dilligence.

33211 N Island Avenue, Grayslake

$49,500

Build your dream home in beautiful Stony Ridge; an approved single-family development in Grayslake, IL. This 1/2 acre parcel is conveniently located with easy access to I94 putting you between Chicago and Milwaukee. The subdivision is fully developed with all roads finished and utilities in place. Lake Michigan water but septic systems are required. Lots are "build ready" with curbs and utilities in place. Live the relaxed life in a serene setting yet minutes from Shopping, Dining, Entertainment, Forest Preserves, Dog parks, Lakes, Gurnee Mills, Great America and more! And don't forget Great Schools too!

12542398 MLS ⋅ ACTIVE Status

Build your dream home in beautiful Stony Ridge; an approved single-family development in Grayslake, IL. This 1/2 acre parcel is conveniently located with easy access to I94 putting you between Chicago and Milwaukee. The subdivision is fully developed with all roads finished and utilities in place. Lake Michigan water but septic systems are required. Lots are "build ready" with curbs and utilities in place. Live the relaxed life in a serene setting yet minutes from Shopping, Dining, Entertainment, Forest Preserves, Dog parks, Lakes, Gurnee Mills, Great America and more! And don't forget Great Schools too!

264 Crozier Drive, Grayslake

$39,000

Three Vacant Lots for Sale - Motivated Seller! The seller is highly motivated, so bring your offers. These three vacant parcels are wellpositioned for future development, with key utilities conveniently located nearby. A ComEd transformer and telephone pedestal sit at the front of the property, and city water and sewer lines run just a few yards from the front lot line. This offering includes three parcels, each approximately 0.18 acres: 220 Bluff Ct, 226 Bluff Ct, and 232 Bluff Ct. A recent survey and soil test have been completed on the featured lot at 220 Bluff Ct, and zoning information is available for review. All three lots are zoned for residential use and allow for the construction of a singlefamily home up to 3,000 sq. ft. with a full basement. There is also potential to split the middle lot (226 Bluff Ct), which could allow the two outer lots to expand to approximately 0.25 acres each, offering even more flexibility for development.

12537739 MLS ⋅ ACTIVE Status

Three Vacant Lots for Sale - Motivated Seller! The seller is highly motivated, so bring your offers. These three vacant parcels are wellpositioned for future development, with key utilities conveniently located nearby. A ComEd transformer and telephone pedestal sit at the front of the property, and city water and sewer lines run just a few yards from the front lot line. This offering includes three parcels, each approximately 0.18 acres: 220 Bluff Ct, 226 Bluff Ct, and 232 Bluff Ct. A recent survey and soil test have been completed on the featured lot at 220 Bluff Ct, and zoning information is available for review. All three lots are zoned for residential use and allow for the construction of a singlefamily home up to 3,000 sq. ft. with a full basement. There is also potential to split the middle lot (226 Bluff Ct), which could allow the two outer lots to expand to approximately 0.25 acres each, offering even more flexibility for development.

226 Bluff Court, Grayslake

$39,000

Three Vacant Lots for Sale - Motivated Seller! The seller is highly motivated, so bring your offers. These three vacant parcels are wellpositioned for future development, with key utilities conveniently located nearby. A ComEd transformer and telephone pedestal sit at the front of the property, and city water and sewer lines run just a few yards from the front lot line. This offering includes three parcels, each approximately 0.18 acres: 220 Bluff Ct, 226 Bluff Ct, and 232 Bluff Ct. A recent survey and soil test have been completed on the featured lot at 220 Bluff Ct, and zoning information is available for review. All three lots are zoned for residential use and allow for the construction of a singlefamily home up to 3,000 sq. ft. with a full basement. There is also potential to split the middle lot (226 Bluff Ct), which could allow the two outer lots to expand to approximately 0.25 acres each, offering even more flexibility for development.

12537734 MLS ⋅ ACTIVE Status

Three Vacant Lots for Sale - Motivated Seller! The seller is highly motivated, so bring your offers. These three vacant parcels are wellpositioned for future development, with key utilities conveniently located nearby. A ComEd transformer and telephone pedestal sit at the front of the property, and city water and sewer lines run just a few yards from the front lot line. This offering includes three parcels, each approximately 0.18 acres: 220 Bluff Ct, 226 Bluff Ct, and 232 Bluff Ct. A recent survey and soil test have been completed on the featured lot at 220 Bluff Ct, and zoning information is available for review. All three lots are zoned for residential use and allow for the construction of a singlefamily home up to 3,000 sq. ft. with a full basement. There is also potential to split the middle lot (226 Bluff Ct), which could allow the two outer lots to expand to approximately 0.25 acres each, offering even more flexibility for development.

232 Bluff Court, Grayslake

$39,000

Three Vacant Lots for Sale - Motivated Seller! The seller is highly motivated, so bring your offers. These three vacant parcels are wellpositioned for future development, with key utilities conveniently located nearby. A ComEd transformer and telephone pedestal sit at the front of the property, and city water and sewer lines run just a few yards from the front lot line. This offering includes three parcels, each approximately 0.18 acres: 220 Bluff Ct, 226 Bluff Ct, and 232 Bluff Ct. A recent survey and soil test have been completed on the featured lot at 220 Bluff Ct, and zoning information is available for review. All three lots are zoned for residential use and allow for the construction of a singlefamily home up to 3,000 sq. ft. with a full basement. There is also potential to split the middle lot (226 Bluff Ct), which could allow the two outer lots to expand to approximately 0.25 acres each, offering even more flexibility for development.

12537702 MLS ⋅ ACTIVE Status

Three Vacant Lots for Sale - Motivated Seller! The seller is highly motivated, so bring your offers. These three vacant parcels are wellpositioned for future development, with key utilities conveniently located nearby. A ComEd transformer and telephone pedestal sit at the front of the property, and city water and sewer lines run just a few yards from the front lot line. This offering includes three parcels, each approximately 0.18 acres: 220 Bluff Ct, 226 Bluff Ct, and 232 Bluff Ct. A recent survey and soil test have been completed on the featured lot at 220 Bluff Ct, and zoning information is available for review. All three lots are zoned for residential use and allow for the construction of a singlefamily home up to 3,000 sq. ft. with a full basement. There is also potential to split the middle lot (226 Bluff Ct), which could allow the two outer lots to expand to approximately 0.25 acres each, offering even more flexibility for development.

220 Bluff Court, Grayslake

$1,705,000

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.

12513982 MLS ⋅ PRICE CHANGE Status

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.

18521 W Il Route 120 Highway, Grayslake

$1,999,999

Attention Developers: Grayslake infill site is ready for new construction single family or townhome product. This approximately 22 acre parcel is primarily zoned R5 and partially zoned SCB. Adjoining Cherry Creek Townhome Subdivision has access road already stubbed into the site with possible additional access off Washington Street. Preliminary site plans have been prepared by Hey and Associates. Sewer and water nearby. Recent area improvements include Washington Street RR underpass west of Lake Street, Washington Street bike/pedestrian sidewalks, T5 DATA Center adjoining Medline. Meijer's and Jewel Foods nearby. This site is in Grayslake School district. Lake County Forest Preserve trail across the street and Grayslake Village Center is a short drive away.

12496392 MLS ⋅ ACTIVE Status

Attention Developers: Grayslake infill site is ready for new construction single family or townhome product. This approximately 22 acre parcel is primarily zoned R5 and partially zoned SCB. Adjoining Cherry Creek Townhome Subdivision has access road already stubbed into the site with possible additional access off Washington Street. Preliminary site plans have been prepared by Hey and Associates. Sewer and water nearby. Recent area improvements include Washington Street RR underpass west of Lake Street, Washington Street bike/pedestrian sidewalks, T5 DATA Center adjoining Medline. Meijer's and Jewel Foods nearby. This site is in Grayslake School district. Lake County Forest Preserve trail across the street and Grayslake Village Center is a short drive away.

20295 W Washington Street, Grayslake

$69,900

Beautiful lot .4 acre home site in Highland Lake subdivision. Lot is across street from private park (residents only) with lake access for swimming, fishing, & boating (boat can be stored at park). Highland Lake allows electric trolling motors only. Enjoy the benefits of lake life without any floodplain or wetlands concerns!. Sewer and water available at the street. Lot features a gated entrance and driveway that you might want to incorporate in your plan for your new home.

12381646 MLS ⋅ ACTIVE Status

Beautiful lot .4 acre home site in Highland Lake subdivision. Lot is across street from private park (residents only) with lake access for swimming, fishing, & boating (boat can be stored at park). Highland Lake allows electric trolling motors only. Enjoy the benefits of lake life without any floodplain or wetlands concerns!. Sewer and water available at the street. Lot features a gated entrance and driveway that you might want to incorporate in your plan for your new home.

34110 S Circle Drive, Grayslake

$3,995,000

Grayslake Corner acreage with traffic signal. Over 30 acre site could be re zoned for convenience store with fuel, medical, professional office, light industrial, corporate headquarters, multi family, senior housing. All subject to review and approval by Village of Grayslake. Located just north of the 1.3 million square foot Medline (Grayslake's largest employer) and the planned multi billion dollar T5 Data Center. Just minutes from the METRA, Grayslake Village Center, parks and recreation. Seller will consider subdividing site. Hard corner can be carved off. Currently being farmed. Bordered by Rt. 120/Alleghany/railroad. Walk at own risk and do not damage crops.

12315465 MLS ⋅ ACTIVE Status

Grayslake Corner acreage with traffic signal. Over 30 acre site could be re zoned for convenience store with fuel, medical, professional office, light industrial, corporate headquarters, multi family, senior housing. All subject to review and approval by Village of Grayslake. Located just north of the 1.3 million square foot Medline (Grayslake's largest employer) and the planned multi billion dollar T5 Data Center. Just minutes from the METRA, Grayslake Village Center, parks and recreation. Seller will consider subdividing site. Hard corner can be carved off. Currently being farmed. Bordered by Rt. 120/Alleghany/railroad. Walk at own risk and do not damage crops.

26155 W Il Route 120, Grayslake

$3,000,000

50 acres zoned for Office/Research with light industrial option and high visibility in Grayslake's Commercial/Industrial corridor. Adjoins potential Rt. 120 Bypass. A mile north of Cornerstone Industrial Park. Additional 35 acres sold and closed.

11649867 MLS ⋅ ACTIVE Status

50 acres zoned for Office/Research with light industrial option and high visibility in Grayslake's Commercial/Industrial corridor. Adjoins potential Rt. 120 Bypass. A mile north of Cornerstone Industrial Park. Additional 35 acres sold and closed.

32100 Alleghany Road, Grayslake