Address
700 South Lake Street Grayslake, IL
Price
$ 1,200,000
Property Attributes
  • MLS#09610804
  • TypeLand
  • CountyLAKE
  • CityGrayslake
  • AreaGages Lake - Grayslake - Hainesville - Third Lake
  • Zip60030
  • StyleCommercial,Planned Unit Development,Residential-Mu
  • Taxes1740
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size10.02 Acres
Listing Provided Courtesy Of:
Goodwin & Assoc. Real Estate Llc
Property Description

Unique opportunity with multiple profit centers. 43.5 acres next to the Grayslake Metra Station. Potential for up to 310 mid-rise residential units on 5-9 acres. Balance in open space and potential 33 acre wetland bank. High Density Residential Development potential Extraordinary suburban Infill site Wetland bank profit center potential Adjacent to the proposed Rt. 83 & Rt 120 Re-alignment Utilities are at the site located on Lake Street Metra Station (Milwaukee North Line (MD-N) to Union Station Chicago.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
5/1/2017 Listed $1,700,000
2/26/2018 30% - $1,200,000

General Features

General Information School Bus Service, Commuter Train, Interstate Access, Flood Zone (Partial)
Known Existing Liens None Known
Special Listing Conditions None
Special Service Area No
Waterfront (y/n) No
Zoning MULTI

Interior Features

Basement Bathrooms (y/n) No
Utilities Electric to Site, Gas to Site, Sanitary Sewer to Site

Exterior Features

Stateorprovince Illinois
Backup Package (y/n) Yes
Compensation Paid On Gross Sale Price
Frontage/Access City Street
Lot Dimensions 1328X1410
Lot Size Area 25.0-99.99 Acres
Managing Broker (y/n) Yes
Original Rental Price 100

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60030

Price
AVG $980K
$1.2M
Taxes
AVG $4,509
$1,740
Visits
AVG 19
21

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