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22731 W Townline Rd - Campbell Airport
246 Acres of Commercial Land Offered at $3,999,999 in Grayslake, IL 60030
Investment Highlights
- 247 Acres in Grayslake, IL
- Top MSA in Country
- Strong Value Add Opportunities.
- Centrally Located in Lake County, IL
- Fully Operational and FAA approved Airport for 50 years
- 100% leased with waiting list.
Executive Summary
Property Facts Under Contract
1 Lot Available
Lot
| Price | $3,999,999 | Lot Size | 246.00 AC |
| Price Per AC | $16,260.16 |
| Price | $3,999,999 |
| Price Per AC | $16,260.16 |
| Lot Size | 246.00 AC |
247 acres in located in Grayslake, IL. Active airport for 50 years with two runways and 7 hangers with 52 leasable hanger berths. Situated halfway between Chicago and Milwaukee in Lake County, IL.
Description
**Campbell Airport: Your Gateway to Opportunity in Lake County, IL** Welcome to Campbell Airport, a charming small-town airport with a big potential, perfectly nestled in the heart of fast-growing Lake County, Illinois. Privately owned yet open for public use, Campbell Airport is a cornerstone of the community, proudly serving the aviation needs of one of the top five Metropolitan Statistical Areas (MSAs) in the United States. **Prime Location and Rich History** Established 50 years ago, Campbell Airport has become a vital hub for both corporate offices and aviation enthusiasts. Its central location in Lake County makes it an accessible and convenient option for pilots and businesses alike. The airport's long-standing approval for operation underscores its commitment to safety and service. **Expansive and Versatile** Spread across an impressive 247 acres, Campbell Airport boasts two well-maintained asphalt runways: Runway 9/27, measuring 3,230' x 40', and Runway 6/24, at 3,573' x 40'. These runways are ideal for a variety of aircraft, from single-engine to double-engine planes, helicopters, and even small jets that occasionally grace our airfield. **Exceptional Facilities and Full Occupancy** The airport features seven hangars with 52 leasable berths, currently at 100% occupancy with a waiting list, reflecting the high demand and desirability of our facilities. This is a testament to the thriving aviation community and the excellent management of Campbell Airport. **Incredible Value-Add Opportunity** For aviation hobbyists, operators, or savvy investors, Campbell Airport presents a unique and lucrative value-add opportunity. There is significant potential to enhance operations by adding maintenance services, a flight school, fuel operations, an FBO, ground storage, and increasing rental rates. Additionally, the spacious grounds offer versatile uses for storage and special events, making it a multifaceted asset. **Why Campbell Airport?** Campbell Airport is more than just a place to take off and land—it's a vibrant community hub with a rich history and a promising future. Whether you're an aviation enthusiast looking to join a community of like-minded individuals, a business seeking a strategic location, or an investor eyeing a high-potential property, Campbell Airport is the ideal choice. Don't miss your chance to be a part of this exceptional opportunity in one of the nation's most dynamic regions. Explore the possibilities at Campbell Airport today!
PROPERTY TAXES
| Parcel Number | 10-04-100-004 | Improvements Assessment | $399,583 |
| Land Assessment | $315,134 | Total Assessment | $714,717 |
PROPERTY TAXES
zoning
| Zoning Code | Agricultural (Fully approved and compliant for 50 years.) |
| Agricultural (Fully approved and compliant for 50 years.) |
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22731 W Townline Rd - Campbell Airport
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