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$3,750,000
12626713 MLS ⋅ ACTIVE Status
Fantastic sale leaseback opportunity in Grayslake, 250 - 266 Center St Grayslake, IL. Well Positioned on a prime corner on Center street and Seymour Ave. The First draft Bar/Restaurant and Entertainment complex is available for purchase on a Sale Leaseback basis, The Owner/Tenant will discuss a 10 year or longer lease on an NNN Schedule, The multi-level restaurant/Bar space building is 9165 SQ Ft, with a full and completely buildout kitchen, Black Iron, Full ANSUL Fire Control System Freezers and food prep/catering areas, All FF&E top Quality, Feature Upper and lower dining areas, outdoor patios, and Upper Level outdoor dining areas. Upper and lower-level Bars with full high-end Buildouts, & Beverage hookups. The expansive second floor is ideal for private events and Large Parties, The building supports a mix of restaurant, entertainment, and Banquet Uses, Absolute top of the Line Buildout, C-B Zoning, Full fire control and Sprinkler System, An Amazing location in the heart of The Downtown Grayslake Shopping District. Located just west of Rt 83. surrounded by established neighborhood retail. An Outstanding investment opportunity benefiting from in-place income Do not Bother the Tenant, Call Listing broker for all showings, Pin Numbers - 0626311006- 0626311007

250 Center Street, Grayslake
$3,300,000
12590636 MLS ⋅ ACTIVE Status
Prime 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 property includes two single-family homes and one 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, a private family compound, or a 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's 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 2700+ sq ft home, creating a full 18-acre offering for $3,950,000. --CONFIRMED SHOWINGS REQUIRED TO VIEW THE PROPERTY

18238 W Gages Lake Road, Grayslake
$3,300,000
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
$3,300,000
12590397 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
$1,200,000
3 Beds ⋅ 3 Baths ⋅ 12580793 MLS ⋅ ACTIVE Status
One owner ranch style home on over 26 acres offers over 2900 sq. ft. of one level living. Some hardwood floors. Huge eat-in kitchen with table space & loads of cabinets. Immense Sunroom off the kitchen and Family Room. Between the kitchen and the dining room is an adorable courtyard. 3 generous bedrooms plus an office or 4th bedroom. Full unfinished basement adds another 2900 sq. ft. of potential living space. Large pole barn perfect for equipment storage, workshop space, hobbies or additional vehicle storage Easy access to major travel routes while being surrounded by Forest Preserve and Stonewall Golf Course. New furnace & Well pump in October 0f 2024.

25651 W Illinois Route 60 Highway, Grayslake
$1,705,000
12513982 MLS ⋅ ACTIVE 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
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
$1,700,000
12455763 MLS ⋅ CLOSED Status

183 S Us Highway 45 Highway, Grayslake
$2,000,000
12410396 MLS ⋅ CLOSED Status

18451 W Il Route 120, Grayslake
$3,995,000
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
$2,150,000
12314729 MLS ⋅ CONTINGENT Status
Grayslake development site has 56.63 acres with frontage on both Lake Street and Washington Street! Site adjoins Doolittle Park/English Meadows to the north, Washington to south and Lake Street to the east and RR tracks to the west. This infill opportunity for new housing product in Grayslake is ideal for single family housing. Can accommodate move up product or 55 and over community. Lies in top ranked Grayslake High School District 127. Blocks from thriving downtown business district. Walk and bike to Metra, downtown restaurants, parks, etc... Site adjoins wonderful trail system connection to many GL Parks! Village of Grayslake needs new housing stock and this site is ideally located. Sewer and water to site. Possible PUD, senior housing, cluster homesites, attached housing. Signalized corner may accommodate commercial use. Possible corporate campus with zoning change. Farmed for low taxes. Walk property at own risk. Concept plans available on our website. Improved storm sewer recently installed along Washington Street.

21238 W Washington Street, Grayslake
$1,750,000
12194869 MLS ⋅ CLOSED Status
Opportunity to own a massive 34,000 sf office/warehouse space for under 60 dollars per square foot. This former glass company manufacturing facility is zoned Limited Industrial. Located in the Grayslake Central Business district on 1.3 acres. The brick/frame 12,000 sf front area was constructed in 1952. This office/loading dock area is sprinkled, has employee washrooms and has AC and gas forced air heat. There is also a large, floored loft area with additional storage. The rear 22,000 sf warehouse is constructed of steel, brick and glass. This clear span structure is 80' wide by 275' long. The addition was done in 2006 with partial concrete flooring and compacted grindings. Multiple existing openings can accommodate large overhead doors. Sellers prefer "as is" sale with some equipment/materials to remain on site. Contact LO for showings.

350 Center Street, Grayslake
$950,000
4 Beds ⋅ 3 Baths ⋅ 12189211 MLS ⋅ CLOSED Status
Come check out the famous Ziegler Apple Orchard in Grayslake. This home is located on 15 acres of land, ideally located. This is a dream piece of land for builders, or someone looking to build a home with a plethora of land. A preferred lender offers a reduced interest rate for this listing.

32363 N Bacon Road, Grayslake
$1,200,000
12122224 MLS ⋅ CLOSED Status
Trophy Building in vibrant downtown Grayslake! This almost 7,000 square foot building housed the Grayslake Library for decades. The owner remodeled with high end finishes and split the space into multiple office/retail suites. Stroll into the classy main corridor to access the suites. Porcelain tile throughout common area corridor and bathrooms. Great mix of tenants consist of photographer, music teacher, spa, sewing, accounting and insurance with MyEyeDr. as anchor. MyEyeDr expanding space in 2024. NNN multi year leases. Climate controlled with central air and gas forced air. Seller will consider sale/lease back or move your business into seller's office suite. Fully leased building with strong financials available upon request and NDA. Please do not disturb tenants. No FOR SALE signs. Call LO to set up showings.

146 Center Street, Grayslake
$2,400,000
12107725 MLS ⋅ CLOSED Status

22731 W Townline Road, Grayslake
$1,500,000
12046693 MLS ⋅ CLOSED Status
Prime development opportunity, Exceptional Location. Amazing and breathtaking 40 Acre Commercial land Parcel for sale in Unincorporated Lake county. Lot Dimensions are 1360.46 X 1317.84 X 1373.14 X 1344.41 Approx 1,742,400 SQ FT, G-O General Office Lake County Zoning Zoned for Office and Research Park use Frontage footage 1,360 SQ FT, Clean EPA Records, IDOT traffic count VPD 9650 on Fairfield Road. There are many opportunities for this prime Parcel and offers a multitude of opportunities for land developers, The possibilities are endless! Spectacular property. Great for Commercial Development or use for a Residential Subdivision, To use for Luxury Residences, Conservation Community, Equestrian use, or senior housing, a Zoning change must be done, Please verify potential uses with the County There are two wetland area's a 7 acre one and a smaller 1.5 acre area. Plat of survey is available to print or review under "additional information" in the MLS,

31615 N Fairfield Road, Grayslake
$3,250,000
11892473 MLS ⋅ CLOSED Status
Grayslake supports Limited Industry zoning on this 32.64 acre site with sewer and water. This square property has over 1,150 feet of State Route 83 frontage and can handle heavy load truck traffic. The current R1 zoning is a holding zone until an end user steps up to the plate! This acreage adjoins Limited Industry zoned Waste Management recycling center and General Business zoned Lester's Material. Your company has the opportunity to Join Medline, Fed Ex, Saia Trucking, Waste Management, Lester's Material and Lake County Fairgrounds. Ideal uses include Industrial Park, Warehousing, Contractor storage yard, Self storage, truck terminal, Semi truck sales and service, Material storage, etc... Priced under $2.50 per square foot. Grayslake may offer incentives for an industrial development that brings jobs and new technology to the area. The now defunct Rt 53 ROW kept this property from being developed in the past. Walk the land at your own risk. Please do not damage crop. Long time family ownership looking to divest. Contact LO with any questions.

30862 N Il Route 83, Grayslake
$3,000,000
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
$738,721
10163299 MLS ⋅ CLOSED Status
Combined, this 11.5 acre property and MLS 10163266 (4.5 acre) make up a 16 acre parcel primed for development. Both parcels being sold together. Ownership will not split.

18785 W Il Route 120 Highway, Grayslake



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