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    1 home
      1 home available
      18521 W Il Route 120 Highway, Grayslake, IL 60030
      NEW 2 hrs agoVirtual Tour
      18521 W Il Route 120 Highway, Grayslake, IL 60030
      $1,890,000
      beds
      sqft
      28.01acres
      Farm for Sale

      18521 W Il Route 120 Highway, Grayslake, IL 60030

      Listing by: Baird & Warner
      1 - 1 of 1 results
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      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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      Chicagoland Homes
      18521 W Il Route 120 Highway, Grayslake, IL 60030
      18521 W Il Route 120 Highway, Grayslake, IL 60030
      18521 W Il Route 120 Highway, Grayslake, IL 60030
      18521 W Il Route 120 Highway, Grayslake, IL 60030
      18521 W Il Route 120 Highway, Grayslake, IL 60030
      18521 W Il Route 120 Highway, Grayslake, IL 60030
      18521 W Il Route 120 Highway, Grayslake, IL 60030
      NEW 2 hrs ago
      Virtual Tour
      $1,890,000
      beds
      full,half bath
      sqft
      28.01acres

      18521 W Il Route 120 Highway, Grayslake, IL 60030

      Farm for Sale by Benjamin LovingerBaird & Warner.

      Data checked -. Listing last updated 2 hours ago.
      1. Overview
      2. Details
      3. More 

      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.

      Internet Serviceability
      Details
        Property type
      Farm
        Year built
        Heating
      -
        Cooling
        Total rooms
        Garage
      No
        Parking spots
      -
      MRD12513982
      MLS ID
      Active
      Status
      11-08-2025
      On market date
        Laundry features
      In Unit
        Fireplace
      No
        Pets allowed
        Architectural Style
        Basement
      Cellar
      Interior features
      Exterior features
      Lot features
      Appliances included
      Construction materials
      Monthly taxes
      $592
      Yearly taxes
      $7,103
      Community Features
      -
      School district
      Woodland C C School Dist 50, Warren Twp High Sch Dist 121
      Schools
      -
      Senior community
      No
      Common Charges
      -
      Maintenance
      -
      Additional Fees
      -
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      Listing By:
      Benjamin Lovinger
      Benjamin Lovinger
      Jill Lovinger
      Jill Lovinger
      Benjamin Lovinger
      Benjamin Lovinger
      REALTOR®, Baird & Warner
      Direct 
       
      Jill Lovinger
      Jill Lovinger
      REALTOR®, Baird & Warner
      Direct 
       
      Location
      Route 120 east of Route 45 on South side of road.
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      Recently Sold
      No nearby homes have been Recently Sold.
      18521 W Il Route 120 Highway, Grayslake, IL 60030, is a Farm built in . This property is currently available for sale and was listed on Mainstreet REALTORS® on 11-8-2025. The MLS# for this Farm is MLS# MRD12513982.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Copyright ©2025 Mainstreet REALTORS®