Please ask your broker to look Under additional Information for Lot Survey! Lakefront Living on Grays Lake - Last Available Waterfront Lot on Grays Lake, just a short walk to Historic Downtown Grays Lake. With 85+ feet of lake frontage, beautiful sunrises and sunsets, and a peaceful non-motorized lake, this rare property offers an ideal opportunity to build your dream home. The lot includes a large waterside patio with a builtin fire pit and a storage shed, perfect for lakeside entertaining. Grays Lake is ideal for kayaking, swimming, fishing, paddle-boarding, and quiet evenings by the water. This property features .28 acres of land plus .05 acres of lake bottom ownership. The natural grade allows your home to sit high and dry, and the buildable area already accounts for the floodplain below. Conveniently located near everything Grays Lake offers-restaurants, cafes, shops, farmers markets, festivals, and a vibrant community atmosphere. Pace Bus Route 570 stops directly in front of the property. Metra's Lake Street Station (MDN line) is approximately a 2minute drive or 13minute walk, with NCS service also nearby. Property & Building Details Last vacant waterfront lot on Grays Lake Utilities to site Zoned residential Soil test completed Established waterfront subdivision with no HOA (last vacant lot in subdivision) Approximate Building Envelope - Current setback review indicates an approximate buildable width of 45 feet. A rectangular home footprint may allow approximately 60 feet of buildable depth, supporting around 2,700 sq ft per level. A custom or non-rectangular design may allow over 100 feet of buildable depth, offering even greater flexibility depending on architectural plans. Decks, driveways, patios, and accessory/outdoor structures may allow additional options beyond the primary home footprint. Buyer to verify final building requirements, setbacks, utilities, permitted uses, and plans with the Village of Grays Lake and appropriate professionals.