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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

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.

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

Price $3,495,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Contractor Storage Yard
  • Industrial Park
  • Retail Warehouse
  • Self Storage
  • Truck Stop
  • Truck Terminal
  • Warehouse
Total Lot Size 32.64 AC

1 LOT AVAILABLE

Lot

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

PROPERTY TAXES

Parcel Number
10-11-200-017
Land Assessment
$10,912 (2023)
Improvements Assessment
$0 (2023)
Total Assessment
$10,912 (2023)
Annual Taxes
$864
Tax Year
2022

ZONING

Zoning Code R1 (Currently Zoned R1 with Limited Industrial Surrounding & Potential)
R1 (Currently Zoned R1 with Limited Industrial Surrounding & Potential)
  • Listing ID: 29643020

  • Date on Market: 9/28/2023

  • Last Updated:

  • Address: 30862 IL-83, Grayslake, IL 60030

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