18238 W Gages Lake Road Grayslake, IL ^$ 3,300,000

18238 W Gages Lake Road

^$ 3,300,000

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18238 W Gages Lake Road

Grayslake, IL, 60030

^$ 3,300,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 20,837

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Commercial Property for sale in Grayslake, IL

for $3,300,000. This building was built in 1969 on a lot size of 17.

PUBLIC SEWER AND LAKE MICHIGAN WATER TO SITE Prime 17+ Acre Development Opportunity. Gages Lake, Illinois Residential - Commercial - 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 2700+ sq ft home, creating a full 18-acre offering for $3,950,000. --CONFIRMED SHOWINGS REQUIRED TO VIEW THE PROPERTY

Commercial Active

Price

^$ 3,300,000

Property Type

Commercial

Taxes

^$ 44,292

Style

Lot Size

Year Built

1969

Town/City

Grayslake

County/Region

Lake

MLS | Web ID

12590636

Features

General

Cooling None

Utilities Electric to Site Natural Gas Available Water Available Cable Available

Zoning COMMR

Year Built 1969

Electric Other

Stories Count 2

Township Warren

Tax Year 2025

Additional Parcels Description 07302000040000 07302000550000

County Lake

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Instut/To Develop

Possible Use Commercial Development Multi-Family Single Family Special Use

Status Active

Directions GAGES LAKE & HUNT CLUB W2 Property.

City Grayslake

MLS Area Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood

Lot Size Square Feet 762300

Tax Annual Amount 44292.87

Additional Parcels Y/N Y

Leasable Area 0

Standard Status Active

Exterior

Lot Dimensions Approx. 17+ Acres

Lot Size Acres 17

Frontage Type County Road Public Road

* Excluded Features

List By

Coldwell Banker Realty

Broker

chris.foss@cbexchange.com

Affordability Calculator

$24,528

Per Month

Monthly Principal & Interest: $20,837
Monthly Property Taxes: $3,691
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Grayslake, IL

Average List Price ^$1,982,983

Percent of Sale Price 40%

About Grayslake, IL

21,601 Population

11% Since 2002

^$83,281 Median Income

38.81 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/12/2026	$3,300,000		Listed Price

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18238 W Gages Lake Road, Grayslake, IL, 60030 is a Commercial Property for sale at $3,300,000 with a lot size of 17. 18238 W Gages Lake Road was built in 1969. The property's zip code is 60030 which is in Grayslake, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 9/18/2026.

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18238 W Gages Lake Road

Commercial Property for sale in Grayslake, IL

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