Date
Details
Price
Change
Source
3/12/2026
Listed
$3,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/19
$3,300,000
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1/19
Property Description
PUBLIC SEWER AND LAKE MICHIGAN WATER TO SITE Prime Mixed GC and R4 Zoning on this 17+ Acre Development Opportunity. Gages Lake, Illinois Residential - Commercial - Institutional - Located along Gages Lake Road, next to a school and the established Wooded Glen subdivision, this property represents a truly rare infill opportunity in Lake County. The 17+ acre parcel is offered at $3,300,000, with the option to acquire an additional .83-acre parcel featuring a beautiful 2,700+ square foot home, creating a full 18-acre offering for $3,950,000. --CONFIRMED SHOWINGS REQUIRED TO VIEW THE PROPERTY-
Full Property Details
Full Property Details for 18238 W Gages Lake Rd
General
- Price: $3,300,000
- Taxes: $44,292 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12590397
- Updated: 9/8/2026
- Added to Site: 214 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
- County: Lake
- Township: Warren
- Driving Directions: GAGES LAKE & HUNT CLUB W2 Property.
- Location Details: North Suburban
Heating & Cooling
- Cooling Type: None
- Heating Type: Other
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Water Available, Cable Available
Structural Information
- Stories/Levels: 2
- Year Built: 1969
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 762,300
- Lot Dimensions: Appro x . 17+ Acres
- Frontage: County Road, Public Road
- Potential Use: Commercial, Development, Multi-Family, Single Family, Special Use, Other
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Other
- Assessment Year: 1969
- Tax Amount: $44,292.87
- Tax Year: 2025
Disclosures and Reports
- Property ID: 7302000060000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 18238 W Gages Lake Rd
School Districts:Woodland Community Consolidated School District 50, Warren Township High School District 121
| Name | Grades | Distance |
|---|---|---|
Woodland Primary School 17366 W Gages Lake Rd, Gages Lake, IL 60030 | PK-K | 0.8 mi |
Woodland Elementary School, Gages Lake, IL 17261 West Gages Lake Road, Gages Lake, IL 60030 | 1-3 | 0.9 mi |
Woodland Intermediate School 1115 N Hunt Club Rd, Gurnee, IL 60031 | 4-5 | 2.1 mi |
Woodland Middle School 7000 Washington Street, Gurnee, IL 60031 | 6-8 | 0.9 mi |
Warren Township High School 34090 N Almond Rd, Gurnee, IL 60031 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 18238 W Gages Lake Rd
Tax History
Tax History for 18238 W Gages Lake Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,459
3%
$145,672
17%
2024
$10,155
15%
$124,999
8%
2023
$8,822
11%
$116,051
18%
2022
$7,966
3%
$98,594
4%
2021
$7,715
3%
$94,638
3%
2020
$7,487
—
$92,311
3%
2019
$7,477
-18%
$89,631
-16%
2018
$9,069
14%
$106,851
3%
2017
$7,953
-10%
$103,789
5%
2016
$8,806
3%
$99,167
5%
2015
$8,578
-2%
$94,051
—
2014
$8,728
4%
$94,051
1%
2013
$8,371
4%
$93,490
-2%
2012
$8,014
—
$95,805
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 18238 W Gages Lake Rd
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- Townhouse
- Active
- Updated 4 days ago
- 3Beds
- 3Total Baths
- 1,728Sq. Ft.
- Condo / Townhouse
- Active
- Updated 2 days ago
- 2Beds
- 1Total Bath
- 1,014Sq. Ft.
Listed by The Hering Homes Team (847) 362-7300
- Single Family
- Active
- Updated 17 hours ago
- 5Beds
- 4Total Baths
- 3,070Sq. Ft.
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- Single Family
- Active
- Updated 9 minutes ago
- 4Beds
- 3Total Baths
- 2,120Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 2Total Baths
- 1,649Sq. Ft.
- Townhouse
- Active
- Updated 1 day ago
- 2Beds
- 3Total Baths
- 1,600Sq. Ft.
18238 W Gages Lake Road, Grayslake, IL 60030 (MLS# 12590397) is a Commercial property. 18238 W Gages Lake Road is currently listed for $3,300,000 and was received on March 12, 2026. This property is listed by Mercfoss Team from our Lake Forest Office.Want to learn more about 18238 W Gages Lake Road? Do you have questions about finding other Commercial real estate for sale in Grayslake? You can browse all Grayslake real estate or contact a Coldwell Banker agent to request more information.