31615 Fairfield RdGrayslake, IL 60030

Property Details for 31615 Fairfield Rd

Lot size

40.00 AC

Property type

Commercial land

APN

10-06-200-003

APU

1006200003

Description

This exceptional 40-acre commercial land parcel presents a prime development opportunity in unincorporated Lake County, Illinois. Located at 31615 N Fairfield Rd, Grayslake, IL 60030 (APN: 10062000030000), this property boasts approximately 1,742,400 square feet with dimensions of 1360.46 x 1317.84 x 1373.14 x 1344.41 feet. The property is zoned G-O (General Office) and is suitable for office and research park uses, offering 1,360 square feet of frontage on Fairfield Road. With an IDOT traffic count of 9,650 vehicles per day, this location provides excellent visibility and accessibility. Clean EPA records are available. The property includes two wetland areas, one of 7 acres and another of 1.5 acres. A plat of survey is available for review. While currently zoned for office and research park uses, potential alternative uses such as residential subdivisions, luxury residences, conservation communities, equestrian facilities, or senior housing may require a zoning change. Interested parties should verify potential uses with Lake County. The asking price is $1,850,000.

• Alternative Use

  Use

  Valuation

  Residential

  $360,108,608

  Hospitality

  $329,857,536

  Educational

  $274,437,600

  Medical

  $283,875,936

  Retail

  $426,902,944

Location Insight

City

Grayslake

County

Lake

State

Illinois

Latitude

42.3226

Longitude

-88.1091

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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