Robert E. Frank Real Estate, Inc.
21238 W. Washington St. EAST
Grayslake, IL 60030
Status: Active
Asking Price: $2,150,000
MLS #: 118739524
Type: Vacant Land
Zoning: R1 - Residential
Acres: Approx. 56.41 Acres
Land SF: Approx. 2,457,219
Additional Information:
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.