O'Neil Property Group
Save
Ask
Tour
Hide
Share
$499,000
46 Days On Site

18745 W IL 120 Route
Grayslake, IL 60030

For Sale|Land|Active
County:
Lake
Listing Courtesy of MRED as distributed by MLS Grid of Re/Max Advantage
18745 W IL 120 Route18745 W IL 120 Route18745 W IL 120 Route18745 W IL 120 Route
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$2,277
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ยฉ2026 Information is deemed reliable but not guaranteed.

Exceptional commercial development opportunity on nearly 4.5 acres with 304 feet of frontage on highly traveled IL Route 120 in Grayslake! Zoned General Business (GB), this prime property offers incredible flexibility for a wide variety of commercial, retail, office, service, or mixed-use possibilities (subject to municipal approval). The property currently features a large existing home, along with a working well and septic system, providing immediate functionality while you finalize development plans. Whether you're looking for temporary office space, a business headquarters, or an interim use before redevelopment, the existing structure offers valuable flexibility. City water and sewer are available for future expansion and development. With outstanding visibility, easy access, and a high daily traffic count, this location offers exceptional exposure for your business or investment. Opportunities with nearly 4.5 acres, 304 feet of highway frontage, flexible General Business zoning, and city utilities available are becoming increasingly rare. Bring your vision and capitalize on one of Grayslake's premier commercial corridors!

Save
Ask
Tour
Hide
Share
Listing Snapshot
Priceย 
$499,000
Days On Siteย 
46 Days
Bedroomsย 
N/A
Inside Area (SqFt)ย 
N/A
Total Bathsย 
N/A
Full Bathsย 
N/A
Partial Bathsย 
N/A
Lot Sizeย 
4.48 Acres
Year Builtย 
N/A
MLSยฎ Numberย 
12712722
Statusย 
Active
Property Taxย 
$12,516
HOA/Condo/Coop Feesย 
N/A
Sq Ft Sourceย 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLSยฎ
a month agoStatus changed to Active
2 months agoListing first seen on site
General Features
Acresย 
4.48
Sewerย 
Septic Tank
Utilitiesย 
Natural Gas AvailableCable Available
Water Sourceย 
Well
Save
Ask
Tour
Hide
Share
Exterior Features
Frontageย 
304
Community Features
MLS Areaย 
Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
School Districtย 
127
Townshipย 
Warren
Roadsย 
Asphalt
Schools
School District
127
Elementary School
Warren Township High School
Middle School
Warren Township High School
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Re/Max Advantage



Based on information submitted to the MLS GRID as of 2026-09-08 10:10 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-08 10:10 PM UTC
MRED DMCA Copyright Information Copyright ยฉ 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share