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Residential Income - Grayslake, IL

Endless possibilities await with this unique 5-acre property! The main house offers 4 bedrooms and 2 baths, providing ample living space. A second building features three separate apartments, each with 1 bedroom, 1 bath, a kitchen, and a living room-perfect for rental income or multi-generational living. Part of the land is currently being farmed, and the village has indicated a willingness to consider rezoning, adding exciting potential for development. With 588 feet of prime Route 83 frontage, this property offers excellent visibility and opportunity. The main house is currently rented on a month-to-month basis, and a billboard on the property provides additional income. A separate outbuilding offers even more rental potential. Property is being sold As-Is-don't miss out on this incredible investment opportunity!

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Directions

Route 83 and Rollins Road South to Shorewood East to Property

Contact Seller

Keller Williams North Shore West

License #475105587

Libertyville, IL

(847) 383-6600

Nikki Nielsen

Keller Williams North Shore West
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