18238 Gages Lake
Land | 17 acres
Marketing description
Prime 17+ Acre Development Opportunity. Gages Lake, Illinois Residential - Commercial - Institutional - Luxury Estate Potential.
Introducing a rare and versatile 17+ Acre infill parcel in the heart of Lake County offering unmatched flexibility for residential subdivision, mixed-use commercial, Institutional.
Property Highlights Size: 17+ Acres Structures: 3 Existing Residential Homes (1 building is a duplex with rental income).
Zoning: R4/GC Residential & Commercial.
Location: Borders a school and the established 35-home Wooded Glen Subdivision.
Features: Central retention pond (ideal for future park/amenity) Utilities: Gas & Electric onsite.
Access: High visibility frontage on Gages Lake Road.
A rare, high-demand parcel ideal for developers, institutions, or private paradise estate buyers looking to create something extraordinary!
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Investment highlights
Development Potential.
Residential Subdivision: 30-36 single-family lots (precedent set by adjacent subdivision).
Retention pond can be enhanced as a visual and recreational centerpiece.
Mixed-Use Plan: 4-6 acres commercial frontage + 25-30 residential homes in rear.
Institutional/Educational Campus: Charter/private school, religious center, assisted living, or retreat campus. Luxury Compound: Multi-generational gated estate or equestrian property using existing homes.
Flexible Zoning
Strategic Location: Adjacency to school ensures strong demand and community integration.
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