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$250,000
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Property Description
GRAYSLAKE CORNER development site on Route 83 adjoining new TRUE NORTH SHELL Convenience store. This 3.7 acre site has an EXISTING FULL CURB CUT installed with cross easement access to serve subject property and True North. Acreage can support multiple building pads. See site plan and ALTA Survey in additional information. Close to shovel ready for your senior center, strip center, day care, fast food with drive thru, professional office building, etc... Uses must be approved by Village of Grayslake. Join True North Shell, BP Amoco, Culvers, Subway, McDonalds, etc... There are over 20,000 daily traffic counts cruising by this location. Rooftops all around filled with future customers. Seller may consider dividing the site. Can accommodate drive thru window with village approval. Priced at $2.01 per square foot with sewer/water/curb cut. This site is bank owned. Make an offer. Grayslake wants more commercial development and may offer incentives.
Full Property Details
Full Property Details for 34786 N Il Route 83
General
- Sold For: $250,000
- Taxes: $16,562 (2023)
- Status: Closed
- Type: Lots/Land
- Source: MRED
- MLS ID: 12027063
- Added to Site: 646 day(s) ago
Location
- Area: Gages Lake / Grayslake / Hainesville / Third Lake
- County: Lake
- Driving Directions: IL Tollway 94 north to Route 120. West to Lake Street. North on Route 83 to Property on left.
- Location Details: Mixed-Use Area
School Information
- School District: 46
- Midd School District: 46
- Elementary School: Meadowview School
- Middle School: Grayslake Middle School
- High School: Grayslake North High School
- Private School: Grayslake North High School
Utilities
- Onsite: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Structural Information
- Basement Desc.: None
- Square Feet: 3.71
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 3.71
- Lot Size (Sq. Ft.): 161,700
- Lot Size Range: 3.0 to 3.99 Acres
- Lot Dimensions: 607 x 250
- Frontage: State Road
- Frontage Feet: 607
- Street/Road Desc.: Asphalt
- Potential Use: Commercial, Office, Retail
- Zoning: COMMR
- Lot Description: Level
Financial Considerations
- Tax Amount: $16,562.96
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: REO/Lender Owned
- Documents Avail.: Aerial Map, Soil Map, Existing Survey, Tax Bill, Traffic Counts
- Property ID: 6222000360000
Listed and Sold by Robert E. Frank Real Estate
Get Pre-Approved Today
Schools
Schools serving 34786 N Il Route 83
School Districts:Grayslake Community High School District 127, Grayslake Consolidated Community School District 46
| Name | Grades | Distance |
|---|---|---|
Meadowview School 291 Lexington Lane, Grayslake, IL 60030 | K-4 | 0.4 mi |
Frederick School 595 Frederick Road, Grayslake, IL 60030 | 5-6 | 1.3 mi |
Grayslake Middle School 440 Barron Boulevard, Grayslake, IL 60030 | 7-8 | 1.4 mi |
Grayslake North High School 1925 North Illinois 83, Grayslake, IL 60030 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 34786 N Il Route 83
Date
Details
Price
Change
Source
10/14/2025
Sold
$250,000
-23.08%
MLS
8/16/2024
Price Reduced
$325,000
-13.33%
MLS
4/11/2024
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
34786 N Il Route 83, Grayslake, IL 60030 (MLS# 12027063) is a Lots/Land property that was sold at $250,000 on October 14, 2025. Want to learn more about 34786 N Il Route 83? Do you have questions about finding other Lots/Land real estate for sale in Grayslake? You can browse all Grayslake real estate or contact a Coldwell Banker agent to request more information.

