Beautiful sunrises and sunsetsPeaceful non-motorized setting
Lakefront living on Grays Lake! The last available waterfront lot on Grays Lake, just a short walk from historic downtown Grayslake. With more than 85 feet of lake frontage, beautiful sunrises and sunsets, and a peaceful non-motorized setting, this rare property offers an ideal opportunity to build your dream home. Enjoy kayaking, swimming, fishing, paddleboarding, and quiet evenings by the water. # OUTDOOR FEATURES #: Includes a large waterside patio with a built-in fire pit and a storage shed, creating an inviting space for lakeside entertaining. # PROPERTY DETAILS #: Approximately .28 acres of land plus .05 acres of lake-bottom ownership. Utilities are available to the site. The residentially zoned lot is located in an established waterfront subdivision with no HOA and is the last vacant lot. A soil test has been completed. # BUILDING POTENTIAL #: The natural grade allows a home to sit high and dry, with the buildable area already accounting for the floodplain below. Current setback review indicates an approximate buildable width of 45 feet. A rectangular footprint may provide approximately 60 feet of buildable depth and support roughly 2,700 square feet per level. A custom or non-rectangular design may permit more than 100 feet of buildable depth, depending on architectural plans. Decks, driveways, patios, and accessory or outdoor structures may provide additional design options beyond the primary home footprint. Buyer to verify all building requirements, setbacks, utilities, permitted uses, and proposed plans with the Village of Grayslake and appropriate professionals. # LOCATION #: Close to downtown restaurants, cafes, shops, farmers markets, festivals, and community events. #TRANSPORTATION #: Pace Route 570 stops directly in front of the property. Metra's Lake Street Station is approximately a 2-minute drive or 13-minute walk, with North Central Service also nearby.
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Zillow last checked:
Listing updated:
Listed by:
Victoria Waliczek312-480-1711,
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12703255
Facts & features
Interior
Appliances
Laundry: None
Features
Basement: None
Property
Features
Has view: Yes
View description: Back of Property, Front of Property, Side(s) of Property
Has water view: Yes
Water view: Back of Property,Front of Property,Side(s) of Property
Frontage length: 85 ft
Lot
Size: 0.33 Acres
Details
Parcel number: 06342050190000
Zoning: SINGL
Special conditions: None
Utilities & green energy
Utilities for property: Electric to Site, Natural Gas Available, Sewer Connected, Water Available
Community & HOA
Location
Region: Grayslake
Financial & listing details
Annual tax amount: $3,566
Date on market: 7/13/2026
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,835/mo
Price history
Date
Event
Price
7/19/2026
Contingent
$140,000
Source: MRED as distributed by MLS GRID #12703255Report a problem
7/13/2026
Listed for sale
$140,000+65.9%
Source: MRED as distributed by MLS GRID #12703255Report a problem
9/1/2021
Contingent
$84,400
Source: MRED as distributed by MLS GRID #10720557Report a problem
3/9/2021
Price change
$84,400-5.6%
Source: MRED as distributed by MLS GRID #10720557Report a problem
1/5/2021
Listed for sale
$89,400-0.6%
Source: MRED as distributed by MLS GRID #10720557Report a problem
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.