18238 W Gages Lake Road, Grayslake, IL 60030

Grayslake
Local realty services provided by:Results Realty ERA Powered
18238 W Gages Lake Road,Grayslake, IL 60030
$3,300,000
  • 17 Acres
  • Lots / Land
  • Active
Listed by: chris foss, donna mercier
Office: coldwell banker realty
MLS#:12590618
Source:MLSNI

Price summary

  • Price:$3,300,000

About this home

Prime 17+ Acre Development Opportunity. Gages Lake, Illinois Residential - Commercial - Institutional - Luxury Estate Potential. Tucked in the heart of Lake County, this rare 17+ acre property offers the feeling of the North Woods without the long commute. Mature trees, wooded walking trails, and a stocked pond with a sandy beach create a peaceful natural setting rarely found this close to town. The property includes two single-family homes and one duplex producing rental income, providing immediate revenue while you plan the future of the land. With mixed-use commercial GC and residential R4 zoning already in place, the possibilities are exceptional - from residential development to an institutional campus, hobby farm, equestrian property, a private family compound, or a luxury estate. Imagine building your dream compound tucked into the woods toward the back of the property, running a business near the road frontage, and leveraging the existing homes for income in the front. The...

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Home facts

  • Listing ID #:12590618
  • Updated:July 02, 2026 at 11:02 AM

Structure and exterior

  • Lot area:17 Acres

Schools

  • High school:Warren Township High School

Finances and disclosures

  • Price:$3,300,000
  • Tax amount:$33,152 (2024)
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