$545,900
 $2,931 est/mo Sourced by Back At You

21279 W Shorewood Road , Grayslake, IL 60030

Grayslake, IL 60030

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Description

Endless possibilities await with this unique 5-acre property! The main house offers 4 bedrooms and 2 baths, providing ample living space. A second building features three separate apartments, each with 1 bedroom, 1 bath, a kitchen, and a living room-perfect for rental income or multi-generational living. Part of the land is currently being farmed, and the village has indicated a willingness to consider rezoning, adding exciting potential for development. With 588 feet of prime Route 83 frontage, this property offers excellent visibility and opportunity. The main house is currently rented on a month-to-month basis, and a billboard on the property provides additional income already in the gross income. A separate outbuilding offers additional rental income this is included in the gross income. Attached 1 car garage in the 3 unit building is currently rented included in the gross income. Property is being sold As-Is-don't miss out on this incredible investment opportunity!

Details

MLS#12309841
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site7
Listing Provided ByKeller Williams North Shore West | Nikki Nielsen

Features

Bed(s)7
Bath(s)5
Garage3
BasementY
ZoningOTHER
Acreage5.33

Market Activity 60030

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Listings Checked: 4 minutes ago
StateIL
CountyLake
CityGrayslake
Zip Code60030
AreaGages Lake | Grayslake | Hainesville | Third Lake | Wildwood
School DistrictGrayslake North High School
Elementary SchoolAvon Center School
Middle SchoolGrayslake Middle School
High SchoolGrayslake North High School
Listing VS Median (In 60030)
Price:
$545,900
low | high
Med:
$315,000
92.297124015387% of Average
On site:
7
low | high
Med:
54.500000
12.844036697248% of Average
Sourced by Back At You
Listing Updated: March 18, 2025 at 2:15:40 AM PDT