700 South Lake Street Grayslake, IL
$ 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
Utilities Electric to Site, Gas to Site, Sanitary Sewer to Site
Waterfront (y/n) No
Zoning MULTI

Interior Features

Basement Bathrooms (y/n) No

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


  • 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

AVG $950K
AVG $4,207
AVG 18
AVG 20

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