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30862 IL-83
32.64 Acres of Commercial Land Offered at $3,495,000 in Grayslake, IL 60030
INVESTMENT HIGHLIGHTS
- Approx. 32.64 Acres
- Under $2.50 PSF
- Potential Incentives
- Approx. 1,150 feet of Frontage on Rte. 83
- Water & Sewer to Site
- Adjoins Limited Industry Zoning
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2022) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$864
|
$26.47
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$864
|
$26.47
|
FINANCIAL SUMMARY (ACTUAL - 2022)
| Taxes | |
|---|---|
| Annual | $864 |
| Annual Per AC | $26.47 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $864 |
| Annual Per AC | $26.47 |
PROPERTY FACTS Under Contract
1 LOT AVAILABLE
Lot
| Price | $3,495,000 | Lot Size | 32.64 AC |
| Price Per AC | $107,077.21 |
| Price | $3,495,000 |
| Price Per AC | $107,077.21 |
| Lot Size | 32.64 AC |
Cleared, Tillable
DESCRIPTION
Grayslake supports Limited Industry zoning on this 32.64 acre site with sewer and water. This square property has over 1,150 feet of State Route 83 frontage and can handle heavy load truck traffic. The current R1 zoning is a holding zone until an end user steps up to the plate! This acreage adjoins Limited Industry zoned Waste Management recycling center and General Business zoned Lester's Material. Your company has the opportunity to Join Medline, Fed Ex, Saia Trucking, Waste Management, Lester's Material and Lake County Fairgrounds. Ideal uses include Industrial Park, Warehousing, Contractor storage yard, Self storage, truck terminal, Semi truck sales and service, Material storage, etc... Priced under $2.50 per square foot. Grayslake may offer incentives for an industrial development that brings jobs and new technology to the area. The now defunct Rt 53 ROW kept this property from being developed in the past. Walk the land at your own risk. Please do not damage crop. Long time family ownership looking to divest. Contact LO with any questions.
PROPERTY TAXES
| Parcel Number | 10-11-200-017 | Total Assessment | $10,912 (2023) |
| Land Assessment | $10,912 (2023) | Annual Taxes | $864 |
| Improvements Assessment | $0 (2023) | Tax Year | 2022 |
PROPERTY TAXES
ZONING
| Zoning Code | R1 (Currently Zoned R1 with Limited Industrial Surrounding & Potential) |
| R1 (Currently Zoned R1 with Limited Industrial Surrounding & Potential) |
Presented by
30862 IL-83
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