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$2,150,000
Est. payment /mo
56.63 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12314729
Annual Tax Amount $3,125
Tax Year 2023
Lot Size 56.630 Acres
Lot Dimensions 56.63 ACRES
Property Sub-Type Land
Property Description
Grayslake development site has 56.63 acres with frontage on both Lake Street and Washington Street! Site adjoins Doolittle Park/English Meadows to the north, Washington to south and Lake Street to the east and RR tracks to the west. This infill opportunity for new housing product in Grayslake is ideal for single family housing. Can accommodate move up product or 55 and over community. Lies in top ranked Grayslake High School District 127. Blocks from thriving downtown business district. Walk and bike to Metra, downtown restaurants, parks, etc... Site adjoins wonderful trail system connection to many GL Parks! Village of Grayslake needs new housing stock and this site is ideally located. Sewer and water to site. Possible PUD, senior housing, cluster homesites, attached housing. Signalized corner may accommodate commercial use. Possible corporate campus with zoning change. Farmed for low taxes. Walk property at own risk. Concept plans available on our website. Improved storm sewer recently installed along Washington Street.
Location
State IL
County Lake
Zoning SINGL
Interior
Fireplace N
Exterior
Utilities Available Natural Gas Available, Sewer Connected, Water Available
View Y/N true
Schools
Elementary Schools Meadowview School
Middle Schools Grayslake Middle School
High Schools Grayslake North High School
School District 46, 46, 127
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Robert Frank • Robert E. Frank Real Estate