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$3,300,000
12590397 MLS
Prime Mixed GC and R4 Zoning on this 17+ Acre Development Opportunity. Gages Lake, Illinois Residential - Commercial - Institutional - Luxury Estate Potential. Tucked in the heart of Lake County, this rare 17+ acre property offers the feeling of the North Woods without the long commute. Mature trees, wooded walking trails, and a stocked pond with a sandy beach create a peaceful natural setting rarely found this close to town. The featured residence, built in 1969, offers 4 bedrooms, 2 full baths, and approximately 2,269 square feet, thoughtfully positioned to capture tranquil views of the pond and surrounding landscape. Its placement feels intentional, allowing the home to take full advantage of one of the property's most attractive natural features while creating a sense of privacy and retreat. With mature trees, water views, and a setting that feels nestled into nature, the home serves as both a comfortable residence and an integral part of the property's broader estate appeal. The property also includes a single family home and a duplex producing rental income, providing immediate revenue while you plan the future of the land. With mixed-use commercial GC and residential R4 zoning already in place, the possibilities are exceptional - from residential development to an institutional campus, hobby farm, equestrian property, private family compound, or luxury estate. Imagine building your dream compound tucked into the woods toward the back of the property, running a business near the road frontage, and leveraging the existing homes for income in the front. The setting offers the feel of a North Woods weekend retreat - yet it is located right in Lake County, making it easy to enjoy nature without leaving the suburbs. The layout also allows owners to enjoy the property now while thoughtfully planning future improvements or phased development. Properties of this size and natural character are increasingly rare in Lake County, making this a compelling opportunity to create a private legacy estate. Located along Gages Lake Road, next to a school and the established Wooded Glen subdivision, this property represents a truly rare infill opportunity in Lake County. The 17+ acre parcel is offered at $3,300,000, with the option to acquire an additional .83-acre parcel featuring a beautiful 2,700+ square foot home, creating a full 18-acre offering for $3,950,000. --CONFIRMED SHOWINGS REQUIRED TO VIEW THE PROPERTY-

18238 W Gages Lake Road, Grayslake

$335,000
3 Beds 3 Baths 12586812 MLS
Welcome to 214 Lionel Drive in Grayslake - a beautifully maintained newer construction townhome built in 2017, offering modern finishes, functional space, and an unbeatable location near the Grayslake Metra train station. This spacious home features 3 bedrooms and 2.5 bathrooms with a thoughtfully designed layout ideal for everyday living and entertaining. The bright and open living and dining areas are filled with natural light, with a private balcony right off the living room - perfect for enjoying your morning coffee or relaxing at the end of the day. The kitchen is truly a dream, showcasing abundant cabinetry, a large center island, stainless steel appliances, pantry, and plenty of prep and storage space. Upstairs, you'll find all three bedrooms along with two full bathrooms. The primary suite offers a walk-in closet and a beautifully renovated private ensuite bathroom featuring fresh paint and a brand-new tile shower. The second full bathroom has also been updated with new tile in the tub/shower and fresh paint. The entire interior of the home has been freshly painted, and new vinyl flooring runs throughout most of the home, creating a clean and modern feel. The lower-level family room provides excellent additional living space - ideal for a home office, den, media room, or workout area. A 2-car attached garage adds convenience and extra storage. Enjoy being just minutes from downtown Grayslake's shopping and restaurants, nearby pond, scenic sidewalks, and commuter convenience. Be sure to review the floor plans to appreciate the layout and space this home offers. Schedule your showing today!

214 Lionel Drive, Grayslake

$235,000
12547801 MLS
Four lots on Gages Lake totaling about .86 acres. Discover an exceptional opportunity with this spacious land property located at 33211 N Island Ave, Grayslake, IL. Nestled in a serene and picturesque setting on Gages Lake, this parcel is a blank canvas to build your dream home or investment property. Surrounded by natural beauty and tranquility, it provides ample space for creative development. Enjoy the convenience of nearby amenities while relishing in a private retreat atmosphere. Don't miss the chance to make this land your own. Property is located in R4 which would allow for some multifamily dwellings. Additionally, buyer could consider combining these lots to make a larger multifamily dwelling or a large dream home. Property pins 07-30-401-034, 07-30-401-033, 07-30-401-032, and 07-30-401-031. Willing to consider selling parcels separate but remaining parcels must not be separated. Price is for all four lots. Buyer is responsible for due dilligence.

33211 N Island Avenue, Grayslake

$39,000
12537739 MLS
Three Vacant Lots for Sale - Motivated Seller! The seller is highly motivated, so bring your offers. These three vacant parcels are wellpositioned for future development, with key utilities conveniently located nearby. A ComEd transformer and telephone pedestal sit at the front of the property, and city water and sewer lines run just a few yards from the front lot line. This offering includes three parcels, each approximately 0.18 acres: 220 Bluff Ct, 226 Bluff Ct, and 232 Bluff Ct. A recent survey and soil test have been completed on the featured lot at 220 Bluff Ct, and zoning information is available for review. All three lots are zoned for residential use and allow for the construction of a singlefamily home up to 3,000 sq. ft. with a full basement. There is also potential to split the middle lot (226 Bluff Ct), which could allow the two outer lots to expand to approximately 0.25 acres each, offering even more flexibility for development.

226 Bluff Court, Grayslake

$39,000
12537734 MLS
Three Vacant Lots for Sale - Motivated Seller! The seller is highly motivated, so bring your offers. These three vacant parcels are wellpositioned for future development, with key utilities conveniently located nearby. A ComEd transformer and telephone pedestal sit at the front of the property, and city water and sewer lines run just a few yards from the front lot line. This offering includes three parcels, each approximately 0.18 acres: 220 Bluff Ct, 226 Bluff Ct, and 232 Bluff Ct. A recent survey and soil test have been completed on the featured lot at 220 Bluff Ct, and zoning information is available for review. All three lots are zoned for residential use and allow for the construction of a singlefamily home up to 3,000 sq. ft. with a full basement. There is also potential to split the middle lot (226 Bluff Ct), which could allow the two outer lots to expand to approximately 0.25 acres each, offering even more flexibility for development.

232 Bluff Court, Grayslake

$39,000
12537702 MLS
Three Vacant Lots for Sale - Motivated Seller! The seller is highly motivated, so bring your offers. These three vacant parcels are wellpositioned for future development, with key utilities conveniently located nearby. A ComEd transformer and telephone pedestal sit at the front of the property, and city water and sewer lines run just a few yards from the front lot line. This offering includes three parcels, each approximately 0.18 acres: 220 Bluff Ct, 226 Bluff Ct, and 232 Bluff Ct. A recent survey and soil test have been completed on the featured lot at 220 Bluff Ct, and zoning information is available for review. All three lots are zoned for residential use and allow for the construction of a singlefamily home up to 3,000 sq. ft. with a full basement. There is also potential to split the middle lot (226 Bluff Ct), which could allow the two outer lots to expand to approximately 0.25 acres each, offering even more flexibility for development.

220 Bluff Court, Grayslake

$1,705,000
12513982 MLS
Outstanding 28-acre parcel strategically located along highly traveled Route 120, offering excellent visibility, access, and frontage in the heart of Lake County's growth corridor. Zoned General Business (GB) and Shopping Center Business (SCB), this property allows for a wide variety of commercial and mixed-use development opportunities including retail centers, restaurants, medical offices, professional suites, entertainment uses, or potential residential components subject to approvals. Grayslake's business-friendly environment and central location between major regional hubs make this an exceptional opportunity for forward-thinking developers. Utilities are nearby, and surrounding development includes strong national retailers, established residential neighborhoods, and expanding commercial corridors providing a built-in customer base and workforce. A four-bedroom single-family home currently occupies the property and is rented on a month-to-month basis, offering immediate holding income during planning and entitlement. This is one of the few remaining large development sites along Route 120, ideal for investors, builders, and commercial developers seeking scale, flexibility, and high visibility in a thriving market.

18521 W Il Route 120 Highway, Grayslake

$1,999,999
12496392 MLS
Attention Developers: Grayslake infill site is ready for new construction single family or townhome product. This approximately 22 acre parcel is primarily zoned R5 and partially zoned SCB. Adjoining Cherry Creek Townhome Subdivision has access road already stubbed into the site with possible additional access off Washington Street. Preliminary site plans have been prepared by Hey and Associates. Sewer and water nearby. Recent area improvements include Washington Street RR underpass west of Lake Street, Washington Street bike/pedestrian sidewalks, T5 DATA Center adjoining Medline. Meijer's and Jewel Foods nearby. This site is in Grayslake School district. Lake County Forest Preserve trail across the street and Grayslake Village Center is a short drive away.

20295 W Washington Street, Grayslake

$495,900
12481766 MLS
Prime Mixed-Use Opportunity on Hwy 45 in Grayslake! Bring your vision to this versatile mixed commercial/residential building in a high-visibility location on busy Hwy 45. The main level offers five store fronts/offices, perfect for retail, professional offices, or a blend of both. The upper level features a spacious apartment, ideal for owner-occupancy or generating additional rental income. This property offers multiple ways to maximize your investment: live on-site and run your own business, lease the entire space, or operate one unit while collecting rent from the others. There's parking for approximately 10-12 vehicles in front and along the sides, making it convenient for tenants and customers alike. Whether you're an entrepreneur looking for a launchpad, an investor seeking a strong income property, or a business owner ready to expand, this property offers the flexibility and location to make it happen.

33125 N Us Highway 45, Grayslake



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