Grayslake Transportation Parcel 43.5 Acres

Vacant Land for Sale
Catylist Listing ID: 29944200
Property Subtypes: Multi-Family
Gross Land Area: 43.50 Acres
Sale Price: $1,200,000
Unit Price: $27,586 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/21/2018

Overview / Comments

Unique opportunity with multiple profit centers along with potential land donations for tax credits. 43.5 acres next to the Grayslake Metra Station. Potential for up to 422 mid-rise residential units on five acres. 38.5 acre balance for open space and is approved for a 33 acre wetland bank.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Lake
Rail Access: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,068 63,946 167,970
Median Age: 34.86 35.83 36.58
Households: 1,582 21,668 57,114
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