$2,999,999

Estimated payment $18,964/month

Total Views 3,459
7.44 Acres
$403,226 Price per Acre
324,086 Sq Ft Lot

About This Lot

The hard corner of US Highway 45 and East Grand Avenue (Route 132) is one of the last developable, build-ready commercial parcels on this corridor - 7.44 acres, CB-zoned, utilities to the site, and approximately 15,000 vehicles per day at a lighted intersection. This is not a speculative location. Two residential projects are already delivering rooftops directly to this trade area: a 70-unit luxury townhome complex immediately to the west and a 55+ community now under construction. Average household incomes within the immediate trade area exceeds Lake County average. The demand infrastructure is already in place. The site is flat, fully served (sewer, water, electric, gas), and zoned Community Business - a classification that accommodates quick-serve restaurants, medical and professional office, convenience retail, multi-tenant strip development, and drive-through uses without variance. The seller is actively open to parcel division, build-to-suit lease structures, or joint venture arrangements. This is a rare opportunity to control the corner - and shape what gets built on it.

Listing Agent

Anna Linscheid

Keller Williams North Shore West License #475197870 Listed on: 04/14/2026

Keller Williams North Shore West

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $35,383

Lot Details

  • 7.44 Acre Lot
  • Lot Dimensions are 1026 x 366
  • Property fronts a county road

Utilities

  • Electricity To Lot Line

Property Details

Property Type

Land

Est. Annual Taxes

$35,383

Lot Details

7.44 Acres

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural, Commercial
  • Road Surface Type: Asphalt
  • General Information: None
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Industrial, Office, Residential, Multi-Family, Single Family, Retail, Other
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: County Road
  • Waterfront: No

Utilities

  • Utilities: Electric to Site, Natural Gas Available, Water Available

Lot Info

  • Lot Size Acres: 7.44
  • Lot Dimensions: 1026 X 366
  • Lot Size: 6.0-7.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Rental Price: 1

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 35383
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2026 04/15/26 Price Changed $2,999,999 +29903.0% --
04/14/2026 04/14/26 For Sale $9,999 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12618820

Midwest Real Estate Data (MRED)
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