For Sale
$325,000

34786 Illinois 83 Grayslake, IL 60030

3.71-acre development site, high traffic

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 3.71-acre commercial land parcel in Grayslake, Illinois, presents a prime development opportunity. Located at 34786 N. Illinois Route 83, this site boasts an ideal location with over 20,000 vehicles passing daily, according to IDOT data. The property is zoned SCB-Commercial, allowing for a variety of uses subject to Village of Grayslake approval. Potential uses include, but are not limited to, senior centers, strip malls, daycares, fast-food restaurants with drive-thrus, and professional office buildings. A significant advantage is the existing full curb cut and cross easement access to the adjacent True North Shell convenience store. The level site features 607 feet of frontage and is conveniently located near sewer and water lines. An ALTA survey and site plan are available. The seller may consider dividing the site, and the Village of Grayslake may offer development incentives. This bank-owned property is priced at $325,000, or approximately $2.32 per square foot. The property's APN numbers are 0622200036, 0622200049, and 0622200048. This is a truly exceptional opportunity for commercial development in a high-traffic area. Don't miss out on this chance to build in a thriving community.

Highlights

  • SCB zoning in Grayslake, IL.
  • High traffic location with over 20,000 vehicles per day (IDOT data).
  • Level 3.71-acre site.
  • Convenient sewer and water access.
  • 607 feet of frontage on IL Route 83.
  • Cross easement access to adjacent True North Shell convenience store.

Property Details for 34786 Illinois 83

Property type
Land
Lot Size (sq. ft)
161,608 SF

Location Insight

City
Grayslake
County
Lake
State
Illinois
Latitude
42.367933121336
Longitude
-88.045694375516

FAQs

What type of property is this?
Land - 3.71-acre development site, high traffic
Where is the land located?
The property is located at 34786 Illinois 83 Grayslake, IL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: SCB zoning in Grayslake, IL.; High traffic location with over 20,000 vehicles per day (IDOT data).; Level 3.71-acre site.
How can I contact the broker?
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34786 Illinois 83
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