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18690 W Route 120 Hwy

0.75 Acres of Commercial Land in Grayslake, IL 60030

Investment Highlights

  • The property includes a 3 bedroom house with garage that can be utilized as an office
  • 5 Mile Radius: 128,056 residents; average household income of $131,582
  • 50 car parking, a pylon sign, parking lot lighting and all utilities including electric, gas, water and sewer
  • Nearby Retail: Jewel-Osco, Sunset Foods, Mariano’s, Walmart Supercenter, Bank of America, Ace Hardware, CVS, PNC Bank, McDonald’s, Subway

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Single Family Residence
Total Lot Size 0.75 AC

1 Lot Available

Lot

Lot Size 0.75 AC

Three quarters of an acre of land for sale or lease, located on IL Route 120 just east of Route 45 at 18690 W. Highway 120, Wildwood, Illinois.

Description

Three quarters of an acre of land for sale or lease, located on IL Route 120 just east of Route 45 at 18690 W. Highway 120, Wildwood, Illinois. The site offers a 35,615 sf lot divisible down to 21,000 sf. The property includes a 3 bedroom house with garage that can be utilized as an office. The property also includes 50 car parking, a pylon sign, parking lot lighting and all utilities including electric, gas, water and sewer. There are three curb cuts including one on Highway 120. The property is broadly zoned for all commercial uses. Businesses will find that the property is in one of the state’s most affluent communities, home to 128,056 residents that has an average household income of $131,582 within a five-mile radius of the property. The considerable level of disposable and discretionary income lends to the area’s abundance of national and regional retailers that include Jewel-Osco, Sunset Foods, Mariano’s, Walmart Supercenter, Bank of America, Ace Hardware, CVS, PNC Bank, McDonald’s, Subway, Arby’s, Starbucks, Dunkin’ Donuts and Einstein Bros Bagels. Daily traffic counts exceed 40,000 vehicles passing along the nearby intersection of IL Route 120 and IL Route 45 each day, in addition to the site’s placement directly on Route 120, one of the area’s main thoroughfares. This is the ideal location for developers in need of a ready-made plot of land at the heart of an affluent community.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 07-31-105-001
  • 07-31-105-002
Land Assessment
$52,960
Improvements Assessment
$4,997
Total Assessment
$57,957

zoning

Zoning Code GB
GB
  • Listing ID: 27047879

  • Date on Market: 11/4/2022

  • Last Updated:

  • Address: 18690 W Route 120 Hwy, Grayslake, IL 60030

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