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Land · Grayslake, IL
$3,995,000
beds · baths
26155 W IL Route 120, Grayslake, IL, 60030
A brick-and-mortar place to make your own — room to make it home.
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What’s special

30.53-acre lot
Grayslake Corner acreage with traffic signal. Over 30 acre site could be re zoned for convenience store with fuel, medical, professional office, light industrial, corporate headquarters, multi family, senior housing. All subject to review and approval by Village of Grayslake. Located just north of the 1.3 million square foot Medline (Grayslake's largest employer) and the planned multi billion dollar T5 Data Center. Just minutes from the METRA, Grayslake Village Center, parks and recreation. Seller will consider subdividing site. Hard corner can be carved off. Currently being farmed. Bordered by Rt. 120/Alleghany/railroad. Walk at own risk and do not damage crops.
— the listing agent’s description

The home

30.53-acre lot
Land

What it’ll cost

$1,208 taxes / yr
No HOA
347 days on dwello

Estimated monthly payment

$22,508/mo
Principal & interest$21,242
Property taxes$101
Homeowners insurance$1,165
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Tour this home

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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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347 days on dwello
Price history
Listed for sale
May 24, 2025
$3,995,000
Property taxes
2025
Annual tax bill (MLS)
$1,208/yr
From county records — verify with the assessor.

Schools

Elementary — Prairieview School
Middle — Grayslake Middle School
High — Grayslake Central High School
Assigned schools per the listing — always verify enrollment + boundaries with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Robert Frank · Robert E. Frank Real Estate
Listing last updated May 4, 2026 · data refreshed from the MLS Jun 17, 2026, 6:16 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:16 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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