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$ 2,150,000
Est. payment | /mo
56.41 Acres Lot
$ 2,150,000
Est. payment | /mo
56.41 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11873954
Annual Tax Amount $3,393
Tax Year 2022
Lot Size 56.410 Acres
Lot Dimensions 56.41 ACRES
Property Description
The 56.41 acre Parker Farm has been in the family for well over a century. Frontage on 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. Additional 19 plus acres available West of RR tracks at METRA station. Farmed for low taxes. Walk property at own risk. Concept plans available on our website. Improved storm sewer being installed along Washington Street.
Location
State IL
County Lake
Area Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
Zoning SINGL
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water to Site
Building
Dwelling Type Land
Schools
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