Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of Robert E. Frank Real EstateMREDas Distributed by MLSGrid- MLS# 12315465MLS Provider

26155 W IL Route 120Grayslake, IL 60030

Single Family · 30.53 Acres
$3,995,000 Active

26155 W IL Route 120 Overview

Time on Site:
402 days
Visits:
10

Grayslake Corner acreage with traffic signal. Over 30 acre site could be re zoned for convenience store with fuel, medical, professional office, light industrial, corporate headquarters, multi family, senior housing. All subject to review and approval by Village of Grayslake. Located just north of the 1.3 million square foot Medline (Grayslake's largest employer) and the planned multi billion dollar T5 Data Center. Just minutes from the METRA, Grayslake Village Center, parks and recreation. Seller will consider subdividing site. Hard corner can be carved off. Currently being farmed. Bordered by Rt. 120/Alleghany/railroad. Walk at own risk and do not damage crops.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

26155 W IL Route 120 Facts & Features

  • Type Single Family
  • Lot 30.53 Acres

Details

General

School Information

  • School District: 127
  • Elementary School: Prairieview School
  • Middle Or Junior School: Grayslake Middle School
  • High School: Grayslake Central High School

Business Information

  • Current Use: Agricultural

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
  • Township: Avon

Tax Information

  • Tax Annual Amount: $1,208.28
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 06341000180000
  • Possible Use: Commercial,Condominium,Industrial,Multi-Family,Single Family,Retail,Zoning Change Required
  • Property Type: Farm
  • Special Listing Conditions: None
  • Zoning: SINGL

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: None

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: Yes
  • Frontage Length: 1309
  • Frontage Type: Signal Intersection
  • Lot Size Acres: 30.53
  • Lot Size Dimensions: 785X37X610X740X910X405X1315
  • Road Surface Type: Asphalt
  • Water Source: Municipal Water

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electric to Site,Natural Gas Available,Sewer Nearby,Water Nearby

26155 W IL Route 120 Neighborhood

Community

60030 (Grayslake) Demographics

42
Median Age
1,316
Population Density (per sq. mile)
56%
College Educated
$92,697
Estimated Median Income
11,079
Estimated Total Home Owners
2,861
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

26155 W IL Route 120 Monthly Cost

$
$ %
%
$
$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

26155 W IL Route 120 Market Data

Based on the last 30 days in this zip code

$415,713
Average List Price
$205
Average Price per Square Foot
46
Properties Sold
43
Average Days on Market
124
Properties for Sale
Calculations provided by Reliance Network

26155 W IL Route 120 History

Date Event Value Agent
5/28/2025Source: MRED Status Change
Active
5/23/2025Source: MRED Added to Database
May 23, 2025