- Photos
- 1 of 2
Land For Sale • 7.4 AC
The subject property is located at the northwest corner of Peterson Road and Illinois Rt. 83 in Grayslake, Illinois. The plot is mostly rectangular parcel with 824 feet of frontage on Rt. 83 and 346 feet of frontage on Peterson Road for a total area of 7.40 acres. MX (mixed use) zoning in the village of Grayslake allows a multitude of commercial uses. This corner parcel is an excellent location for retail development to support the existing and future surrounding industrial development. Specifically, a gas station with fuel to serve trucks, and freestanding fast food restaurant. The property is surrounded by two business parks that total 1,734 acres. Cornerstone Business Park is 640 acres and has completed its first building, owned by the Medline Corporation, which contains 1.4 million square feet. Grayslake Business park contains 1,094 acres and is being developed around a 300,000 square foot Federal Express facility.
| Signalized intersection with access to Rt. 83 and Peterson Road |
| All Utilites are available at the site |
| Corner parcel with excellent location for retail development to support the existing and future surrounding industrial development |
| The property is surrounded by two business parks that total 1,734 acres. |
| Ideal location for gas station and fast-food restaurants |
| May be divisible |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Grayslake Station (MD-N) (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 10 min | - | 4.0 mi |
| Round Lake Station (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 7 min | - | 4.3 mi |
| Airport | Drive | Walk | Distance |
| Chicago O'Hare International | 46 min | - | 30.6 mi |
Brian Butler
The Butler Group
Brian Butler
The Butler Group
