The median home value in Grayslake, IL is $258,500.
This is
lower than
the county median home value of $300,000.
The national median home value is $308,980.
The average price of homes sold in Grayslake, IL is $258,500.
Approximately 76% of Grayslake homes are owned,
compared to 19% rented, while
4% are vacant.
Grayslake real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Grayslake real estate agent to arrange a tour today!
Learn more about Grayslake.
Prime corner with high traffic count, in the path of progress on the Alleghany corridor. Currently Zoned Residential, Will Sell subject to commercial entitlements. Can be annexed into Grayslake, for sewer and water access. There is a duplex building on the property currently, with rental income. There is gas and electric to the property. Owners are licensed Realtors.
Premier lot location on over .8 acres in the quickly developing Stony Ridge subdivision! This corner lot is one of the largest in the community and is one of only a handful that enjoys unobstructed views of the wetlands! The site is fully improved and ready to build with water, gas, and electric hookups already run to the property. You can enjoy being close to shopping and restaurants and and still come home to a quiet and serene neighborhood backing up to Fourth Lake. Build your dream home today and enjoy one of a kind views all year round! Recent soil test and survey already completed.
The Promenade of Grayslake offering 2.5 acre to 19 acre commercial/multi family site. Excellent corner exposure with approx. 150 feet of frontage on Washington Street. Adjoins additional 2.5 acre site and 14 acre multi family/commercial site. Seller is flexible and can carve out site to accommodate the end user. Join Old National Bank, Walgreens, Kiddie Academy, College of Lake County and Lake County Forest Preserve. Can be convenience store with fuel, professional office, fast food with drive thru, car wash, medical office, strip center, restaurant, etc... Drainage creek is a potential water amenity. Currently farmed to keep taxes low. Access via curb cut on Washington Street. Park and walk property at own risk.
The Promenade of Grayslake offering 2.5 to 19 acres of commercial/multi family site. Excellent corner exposure with approx. 390 feet of frontage on Washington Street. Adjoins additional 2.5 acre site and 14 acre multi family/commercial site. Seller is flexible and can subdivide site to accommodate the end user. Join Old National Bank, Walgreens, Kiddie Academy, College of Lake County and Lake County Forest Preserve. Can be convenience store with fuel, professional office, fast food with drive thru, car wash, medical, strip center, restaurant, etc... Drainage creek is a potential water amenity. Currently farmed to keep taxes low. Access via curb cut on Washington Street. Park and walk property at own risk.
The Promenade of Grayslake offering multi-family and commercial zoning on this approx. 14 acre site. Adjoins 5 acres of commercial land fronting on Washington Street which is also available. Combine for total of 19 acres. Ideal for mixed use. Zoned SCB and balance zoned R5. Village may consider rezoning to accommodate buyer/developer end use. Possible uses include townhomes, 55 and over community or multi story senior housing, work force housing, retail with residential above, all these uses subject to Village approval . Cherry Creek Subdivision has road stubbed into site. Join Old National Bank, Walgreens, College of Lake County, Hillside Rest., Triangle Rest. and Lake County Forest Preserve. Drainage creek is a potential water amenity. Currently farmed to keep taxes low. Access via curb cut on Washington Street. Park and walk property at own risk.
BUILD READY LOT IN ESTABLISHED AND APPROVED STONY RIDGE SUBDIVISION, ADJACENT TO 4TH LAKE, PRARIE LIKE SETTING.
BUILD READY LOT IN ESTABLISHED AND APPROVED STONY RIDGE SUBDIVISION, ADJACENT TO 4TH LAKE, PRARIE LIKE SETTING.
Attention Builders !!! 3 lots available now - start building this spring !!!150 x 150 lot is three 50 x 150 parcels. Ability to buy more land from the Village of Grayslake. Call with questions.
OWNER WILL CONSIDER ALL OFFERS!! Approximately 16 acres zoned residential. CONTACT VILLAGE OF GRAYSLAKE FOR ZONING INFORMATION.
Other properties in the corner are BP Gas/McDonalds/ 7-11/Culvers. High profile location. Ideal location for car wash/bank/fast food.
BUILD READY LOT IN ESTABLISHED AND APPROVED STONY RIDGE SUBDIVISION, ADJACENT TO 4TH LAKE, PRARIE LIKE SETTING.
LOCATION LOCATION LOCATION !!! Lot 8 Lincoln Avenue is located in a well established residential neighborhood with single family homes. It is the LAST lot available. Private Wooded Lot just great for your dream home. Located across the street from Tooterville Park and just blocks to Metra Train station. A few blocks from Historic Downtown Grayslake. Enjoy a stroll to Downtown and have some fun at the Weekly Farmer's Market, Restaurants, Shops, Boutiques and so much more. This lot is level, and wooded. Soil Tests have been completed. Zoned R-5 for Quad and Duplex or Single family. This lot has two existing B boxes. Perfect location to build your dream home or investment property. Drive by to view. Call with Questions. There are very few lots available in Grayslake and none with a better location.
Next to Walgreens! This vacant commercial land has been platted, curbs,entrance, set backs improved rough. It has many possibilities! Has frontage on Washington St.! Professional office, retail, restaurant, convenience store, etc. Lots of possibilities. Walk at own risk.
1.04 parcel in Village of Third Lake. Great commercial development opportunity with CB zoning (see attached sheet for possible usage). Perfect for professional offices building or retail strip mall. Frontage on Washington Street near Highway 45 adjoining Thornton's Gas station! All utilities are on/near Site.
Oh Give Me Land, Lots of Land!! Approx. 96 acre Parker Farm has been in the family for well over a century. Frontage on Lake Street and Washington Street! The east acreage adjoins Doolittle Park and single family housing. The west acreage adjoins Metra station and single family area. 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 senior housing, cluster homesites, attached housing. Corner may accommodate commercial use. Possible corporate campus with zoning change. Walk property at own risk. Concept plans available on our website.
OWN A PRIVATE/PUBLIC AIRPORT, BUILDINGS AND LAND---CAMPBELL AIRPORT! LOCATED IN GRAYSLAKE 40 MILES FROM CHICAGO ADJACENT TO A HIGH END SUBURBAN COMMUNITY ACCESSIBLE VIA MAJOR EXPRESSWAYS. ACTIVE FBO OPERATION. CAMPBELL OCCUPIES 50 ACRES OF ACTIVE AIRPORT USAGE ON TOTAL PROPERTY OF 246 ACRES INCLUDING WETLANDS. HOME BASE TO 51 AVIATORS HOUSING SINGLE ENGINE AND MULTIPLE ENGINE AIRCRAFT IN 7 RENTABLE, REVENUE PRODUCING HANGARS. TWO RUNWAYS IN GOOD CONDITION, A NEWLY RENNOVATED PILOTS LOUNGE WITH MANAGEMENT OFFICES AND PREFLIGHT ROOM. LARGE DUPLEX LEVEL MAINTENANCE HANGAR. SEPARATE OFFICE BUILDING. TREMENDOUS OPPORTUNITY FOR FUTURE EXPANSION FOR CAMPBELL AS A DESTINATION AIRPORT OR POSSIBLE LAND DEVELOPMENT. ZONED FOR AGRICULTURAL/SPECIAL USE AIRPORT. LOCATION, LAND AND PRICE PRESENTS A RARE PURCHASE AT $8,000,000. CONTACT US FOR AN INFORMATION BROCHURE. SERIOUS INQUIRIES ONLY.
Vacant land with water views ready for your new construction, custom-built home. Enjoy a .34 acre lot on Grays Lake with all utilities to the property. A survey will be provided prior to closing
Prime lot in the desirable neighborhood of Wildwood! You'll enjoy low property taxes and rights to both Gages and Valley Lake for tons of summer fun! This great location offers convenient access to local schools, parks, restaurants, shopping, and highways. Buildable conforming lot zoned Residential. Great investment opportunity or you can purchase and build your own home!
+/- 37 acres in two parcels ready for commercial or light industrial development in Grayslake. Atkinson Road bisects this parcel which also has high visibility on Rt. 137. Adjoins Jewel Ocso and Ace shopping center to the north with sewer and water adjacent. Adjoins Prairie Crossing community and nearby Northwestern Lake Forest Hospital. Approx. 26 acres lies west of Atkinson and 11 acres east, subject to survey. East Parcel: $1,250,000 for +/- 11 acres West Parcel: $2,250,000 for +/- 26 acres
GRAYSLAKE CORNER development site on Route 83 adjoining new TRUE NORTH SHELL Convenience store. This 3.7 acre site has an EXISTING FULL CURB CUT installed with cross easement access to serve subject property and True North. Acreage can support multiple building pads. See site plan and ALTA Survey in additional information. Close to shovel ready for your senior center, strip center, day care, fast food with drive thru, professional office building, etc... Uses must be approved by Village of Grayslake. Join True North Shell, BP Amoco, Culvers, Subway, McDonalds, etc... There are over 20,000 daily traffic counts cruising by this location. Rooftops all around filled with future customers. Seller may consider dividing the site. Can accommodate drive thru window with village approval. Priced under $3.42 per square foot with sewer/water/curb cut. This site is bank owned. Make an offer. Grayslake wants more commercial development and may offer incentives.
4.48 Acres of prime commercial development land zoned "Residential Improved". There currently is a 1848SF ranch home on the property. Combine this parcel with MLS 10163299 (11.5 acres) for a combine 16 acre site. Properties will not be sold separately.
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