$2,150,000

21238 W Washington St Grayslake, IL 60030

Estimated payment $11,953/month

Total Views 19,411
56.63 Acres
$37,966 Price per Acre
2,466,803 Sq Ft Lot

Highlights

  • 56.63 Acre Lot
  • Farm
  • Corner Lot
  • Meadowview School Rated A-

About This Lot

Grayslake development site has 56.63 acres with frontage on both 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. Farmed for low taxes. Walk property at own risk. Concept plans available on our website. Improved storm sewer recently installed along Washington Street.

Listing Agent

Robert Frank

Robert E. Frank Real Estate License #471012445 Listed on: 04/11/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,125

Lot Details

  • 56.63 Acre Lot
  • Property fronts a county road
  • Corner Lot
  • Property is zoned SINGL

Schools

  • Meadowview Elementary School
  • Grayslake Middle School
  • Grayslake North High School

Farming

  • Farm

Property Details

Property Type

Land

Est. Annual Taxes

$3,125

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural
  • Road Surface Type: Asphalt
  • General Information: Commuter Train
  • ResoPropertyType: Farm
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Office, Development, Residential, Multi-Family, Single Family

Exterior Features

  • Frontage Length: 1200
  • Frontage Type: City Street, County Road, Public Road, Signal Intersection
  • List Price: 2150000
  • Waterfront: No
  • Rail Availability: None

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Water Available

Schools

  • Elementary School: Meadowview School
  • High School: Grayslake North High School
  • Middle/Junior School: Grayslake Middle School
  • Middle/Junior School District: 46

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 56.63
  • Lot Dimensions: 56.63 ACRES
  • Zoning: SINGL
  • Lot Size: 25.0-99.99 Acres
  • Special Assessments: N
  • Subdivision Lot Number: EAST
  • Land Amenities: Sidewalks
  • Estimated Land Sq Ft: 2466602.4
  • Land Description: Level,Tillable,Wetland/s,Wooded
  • Total Listed Lots Avail: 2

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 3125.21
  • Tax Year: 2023
  • Tax Exemptions: Other

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,753 $43,915 $43,915 --
2023 $4,753 $39,858 $39,858 --
2022 $4,465 $36,681 $36,681 $0
2021 $4,246 $33,803 $33,803 $0
2020 $4,130 $31,641 $31,641 $0
2019 $3,861 $29,250 $29,250 $0
2018 $3,610 $27,238 $27,238 $0
2017 $3,574 $25,261 $25,261 $0
2016 $3,454 $23,311 $23,311 $0
2015 $3,389 $21,677 $21,677 $0
2014 $2,795 $20,530 $20,530 $0
2012 -- $18,666 $18,666 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 For Sale $2,150,000 +359.5% --
10/01/2024 10/01/24 Sold $467,910 -36.3% $262 / Sq Ft
09/23/2023 09/23/23 For Sale $735,000 -- $412 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $468,000 Chicago Title
Warranty Deed $1,610,100 Wheatland Title Guaranty
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12314729

Midwest Real Estate Data (MRED)

APN: 06-22-400-029