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0 W Belvidere Road Grayslake, IL 60030 Land - Residential New

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  • 0 W Belvidere Road, Grayslake, IL 60030 Main Photo

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Description

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.

Property Highlights

Property Type: Land - Residential
Total Acres: 0.33 Acres
Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available

General Information

County: Lake
Listed By:
Coldwell Banker Realty 312-981-5500
MRED MLS
$140,000
Est. $985/mo
New to the Market New
LOT SIZE 0.330 acres MLS#12703255
STATUSNew PROPERTY TYPELand - Residential SCHOOLDistrict 127

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0 W Belvidere Road, Grayslake, IL 60030.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $140,000$140,000$140,000
Down Payment $28,000$4,900$35,000
Monthly Mortgage Amount $690$846$865
Taxes $195$195$195
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$62$0
Monthly Estimated Total $985$1,203$1,160

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