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34736 N Il Route 83 - 34738 N. IL Route 83, Grayslake, IL 60030

3.71 Acres of Commercial Land Offered at $325,000 in Grayslake, IL 60030

Investment Highlights

  • General Business Zoning in Village of Grayslake
  • Level Site
  • 607 Feet of Frontage
  • Over 20,000 Vehicles Per Day (per IDOT)
  • Sewer & Water Near Site

Executive Summary

Bank Owned

Financial Summary (Actual - 2023)

Annual Annual Per AC
Taxes $16,562 $4,464.15
Operating Expenses - -
Total Expenses $16,562 $4,464.15

Financial Summary (Actual - 2023)

Taxes
Annual $16,562
Annual Per AC $4,464.15
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $16,562
Annual Per AC $4,464.15

Property Facts

Price $325,000
Sale Type Investment
Sale Conditions REO Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
Total Lot Size 3.71 AC

1 Lot Available

Lot

Price $325,000
Price Per AC $87,601
Lot Size 3.71 AC

Level. Adjoins Future TruNorth Convenience Store

Description

GRAYSLAKE CORNER development site on Route 83 adjoining new TRUE NORTH SHELL Convenience store. This 3.7 acre site has an EXISTING FULL CURB CUT installed with cross easement access to serve subject property and True North. Acreage can support multiple building pads. See site plan and ALTA Survey in additional information. Close to shovel ready for your senior center, strip center, day care, fast food with drive thru, professional office building, etc... Uses must be approved by Village of Grayslake. Join True North Shell, BP Amoco, Culvers, Subway, McDonalds, etc... There are over 20,000 daily traffic counts cruising by this location. Rooftops all around filled with future customers. Seller may consider dividing the site. Can accommodate drive thru window with village approval. Priced under $2.01 per square foot with sewer/water/curb cut. This site is bank owned. Make an offer. Grayslake wants more commercial development and may offer incentives.er incentives.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 06-22-200-049
  • 06-22-200-036
  • 06-22-200-048
Land Assessment
$141,653
Improvements Assessment
$0
Total Assessment
$141,653
Annual Taxes
$16,562
Tax Year
2023

zoning

Zoning Code SCB (Business zone is established to control business development of the shopping center variety.)
SCB (Business zone is established to control business development of the shopping center variety.)
  • Listing ID: 3983241

  • Date on Market: 12/16/2013

  • Last Updated:

  • Address: 34736 N Il Route 83, Grayslake, IL 60030

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