Residential Land for Sale in Grayslake, Illinois
33211 N Island Ave, Grayslake, IL 60030
Four lots on Gages Lake totaling about .86 acres. Discover an exceptional opportunity with this spacious land property located at 33211 N Island Ave, Grayslake, IL. Nestled in a serene and picturesque setting on Gages Lake, this parcel is a blank canvas to build your dream home or investment property. Surrounded by natural beauty and tranquility, it provides ample space for creative development. Enjoy the convenience of nearby amenities while relishing in a private retreat atmosphere. Don't miss the chance to make this land your own. Property is located in R4 which would allow for some multifamily dwellings. Additionally, buyer could consider combining these lots to make a larger multifamily dwelling or a large dream home. Property pins 07-30-401-034, 07-30-401-033, 07-30-401-032, and 07-30-401-031. Willing to consider selling parcels separate but remaining parcels must not be separated. Price is for all four lots. Buyer is responsible for due dilligence.
Location
- Street address
- 33211 N Island Ave
- County
- Lake County
- Community
- Gages Lake / Grayslake / Hainesville / Third Lake
- School district
- 121
- Elevation
- 781 feet
Directions
Drive east on Center St. Right to US 45. Left to Belvidere Road/IL 120. Left to North Battershall Road. Turn right to stay on North Battershall Road. Bear left onto North Lake Shore Drive.
Property details
- MLS #
- MRED 12547801
- Posted
Property taxes
- 2024
- $7,447
Parcels
- 07304010320000
Nearby schools
| Name | Type | District |
|---|---|---|
| Warren Township High School | High | 121 |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 18, 2026 | Price drop | $275,000 | $5,000 -1.8% | MRED |
| Feb 7, 2026 | Price drop | $280,000 | $5,000 -1.8% | MRED |
| Feb 3, 2026 | Price drop | $285,000 | $5,000 -1.7% | MRED |
| Jan 27, 2026 | Price drop | $290,000 | $5,000 -1.7% | MRED |
| Jan 21, 2026 | Price drop | $295,000 | $4,000 -1.3% | MRED |
| Jan 15, 2026 | New listing | $299,000 | — | MRED |