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.
Property Details
Price:
$2,150,000
MLS #:
MRD12314729
Status:
Active
Beds:
0
Baths:
0
Type:
Ranch
Neighborhood:
Gages Lake / Grayslake / Hainesville / Third Lake
Listed Date:
Apr 11, 2025
Schools
School District:
127
Elementary School:
Meadowview School
Middle School:
Grayslake Middle School
High School:
Grayslake North High School
Interior
Exterior
Financial
Tax Year
2023
Taxes
$3,125
Listing Agent & Office
Robert Frank
Robert E. Frank Real Estate
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