NOT LISTED FOR SALE

34300 N Il Route 83 Grayslake, IL 60030

12.29 Acres
-- Price per Acre
535,352 Sq Ft Lot

Last Sold September 06, 2022

Last sale price $130,000

24 Days on Market

Highlights

  • 12.29 Acre Lot
  • Meadowview School Rated A-
  • Farm

About This Lot

As of September 2022

Grayslake 12+/- acre site adjoining Walgreens and Chesapeake Farms Subdivision. Over 1,000 feet of frontage on State Route 83 (Barron Blvd). Land has been in the same family for decades. Lake County Rollins Savannah Forest Preserve lies right across Route 83. Potential for small horse farm, small subdivision or senior housing with rezoning. Or use existing SCB Commercial zoning for professional building, retail strip center, medical building, etc... Potential to use Walgreen's existing right in-right out access. Land is farmed to keep taxes low. Some wetland area in the center of the site will need mitigation. Possible to carve commercial outlots along Route 83. Lots of possibilities! Seller is motivated. Priced at approximately 40 cents per foot.

Last Agent to Sell the Property

Robert Frank

Robert E. Frank Real Estate License #471012445 Listed on: 05/12/2022

Last Buyer's Agent

Robert Frank

Robert E. Frank Real Estate License #471012445 Listed on: 05/12/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $643

Lot Details

  • 12.29 Acre Lot
  • Lot Dimensions are 813 x 136 x 119 x 274 x 916 x 821
  • Property fronts a state road
  • Property is zoned COMMR

Parking

  • Gravel Driveway

Home Design

  • Mixed Use

Schools

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

Farming

  • Farm

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$643

Lot Details

0

Listing Details

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

Interior Features

  • Possible Use: Commercial, Recreational, Single Family, Retail
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 1068
  • Frontage Type: State Road
  • List Price: 199900
  • Waterfront: No
  • Rail Availability: None

Garage/Parking

  • Number of Cars: 0
  • Driveway: Gravel

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water Nearby

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: 12.29
  • Lot Dimensions: 813 X 136 X 119 X 274 X 916 X 821
  • Zoning: COMMR
  • Lot Size: 10.0-24.99 Acres
  • Special Assessments: N
  • Land Amenities: Horse Riding Area
  • Estimated Land Sq Ft: 521848.8
  • Land Description: Cleared,Floodplain,Irregular,Stream,Tillable,Wetland/s
  • Total Listed Lots Avail: 1

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Multi Family

  • Existing Lease Type: Gross

Tax Info

  • Tax Annual Amount: 643.1
  • Tax Year: 2021
  • Tax Exemptions: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Sep 7, 2022
Sold by
Kathleen T Starzec Revocable Trust
Bought by
Village Of Grayslake Illinois
Seller's Agent
Robert Frank
Robert E. Frank Real Estate
Buyer's Agent
Robert Frank
Robert E. Frank Real Estate
List Price
$199,900
Sold Price
$130,000
Premium/Discount to List
-$69,900
-34.97%

Purchase Details

Closed on
Nov 12, 2019
Sold by
Starzec Kathleen T
Bought by
Starzec Kathleen T and Kathleen T Starzec Revocable Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Village Of Grayslake Illinois -- --
Starzec Kathleen T -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2022 09/06/22 Sold $130,000 -35.0% --
06/06/2022 06/06/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $199,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $15 -- -- --
2023 $679 -- -- --
2022 $679 $5,546 $5,546 $0
2021 $643 $5,085 $5,085 $0
2020 $622 $4,765 $4,765 $0
2019 $583 $4,381 $4,381 $0
2018 $538 $4,041 $4,041 $0
2017 $532 $17,750 $17,750 $0
2016 $513 $3,429 $3,429 $0
2015 $495 $3,166 $3,166 $0
2014 $406 $2,982 $2,982 $0
2012 $328 $2,711 $2,711 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11402250

Midwest Real Estate Data (MRED)

APN: 06-23-300-047