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Grayslake Information
Welcome > Local Info > Grayslake Information ...

About the Grayslake, Illinois Area 

Grayslake Waterfront

Grayslake’s solid base of rich tradition has paved the way for its prosperous present and bright future. Grayslake,Illinois 60030 is ideally located for successful business and quality living. Its central Lake County location places Grayslake geographically between Chicago and Milwaukee, approximately six miles from Interstate 94. 

Grayslake has established itself as the heart of Lake County. It is conveniently located in the Chicago metropolitan market, O’Hare International Airport, the thriving Milwaukee area market, Milwaukee's Mitchell Field Airport. Grayslake is the home of a wide variety of well-known businesses. New business and industry prospers alongside long-time Grayslake businesses that have been in the community throughout the village’s history. 

Once you are in Grayslake, you will find low land acquisition costs, and easy access to Lake County’s large labor market. Grayslake continues to expand as a regional center for retail and light industrial development. Space is available in Grayslake for business expansion of all kinds. The cost of retail and office space is generally lower than in suburban communities closer to the regional urban centers. 

Residents and businesses benefit from a responsive and effective Village President/Board of Trustees form of local government. The village provides a vast array of efficiently provided services to the community, including Lake Michigan water. The combination of continued effective elected leadership, village staff, and the guidance of the Grayslake Comprehensive Plan will lead this community into the next century. 

Both the College of Lake County and the Center for Economic Development, with their extensive personnel training and business services, are located in Grayslake. The College of Lake County has a consistent enrollment of more than 15,000 commuting students. Many local businesses have capitalized on this market, as well as on the stable residential market which has grown significantly in recent years. 

The University Center of Lake County, which opened in 2005, is a partnership between 12 colleges and universities working collaboratively to increase both the access to and diversity of programming options in Lake County. Located on the College of Lake County Grayslake campus, this is the first and only such educational institution of this type in the state. 

The Lake County Fairgrounds hosts one of the most popular county fairs in the State of Illinois. Various events annually draw more than 500,000 people to Grayslake from all over the Midwest throughout the year. 

Grayslake has an excellent school system that has produced some of the brightest students in the State of Illinois. The community is served by three elementary school districts dedicated to providing quality education to Grayslake children. At Grayslake Community High School, students score among the highest in the Chicago metropolitan area on the A.C.T. national college entrance exams. Active parent and booster clubs cooperate to raise funds for playground equipment, football field lights, special events, and extensive school athletic programs. Grayslake is also within easy reach of some of the finest undergraduate and graduate school institutions in the Midwest. 

Grayslake Library-The 34,000 square foot Grayslake Library, located near downtown Grayslake, provides residents with everything from state of the art computers and internet access to the newest research and reading materials. 

In 2000, the village of Grayslake opened the Esper A. Petersen Foundation Family Aquatic Center. The pool, which is located on Library Lane across from the Grayslake Library, is the first such facility in Grayslake. 

Whatever type of recreation you favor, you will find it in Grayslake or its vicinity. The Park District operates hundreds of acres of local parks and a public beach on Gray’s Lake available to all resident's of the community. Grayslake’s central location puts residents within a fifteen minute drive to major regional shopping centers, several golf courses, the Chain of Lakes and Lake Michigan marinas, beaches, state parks, hundreds of acres of forest preserves, winter skiing and snowmobiling, Great America Amusement Park and the world-famous Ravinia Outdoor Music Festival. 

As you can see, Grayslake can offer your business a convenient location, service, a thriving local and regional market, and most importantly, a home-town community atmosphere. Grayslake cordially invites you to consider our community for your business expansion or relocation.
Village Government 

Grayslake, a non-home rule municipality, was incorporated in 1895 and is governed by a Village President (Mayor) and a board of six trustees. The Mayor and Trustees are elected at-large to four year, staggered terms. The Village employs a full-time Village Manager who directs the daily operations of the Village and implements policies set forth by the Village Board. Village functions include police protection, building and construction regulation, supervision of public buildings and public parking facilities, maintenance of streets and public ways, operation of the Village’s water and sewer system, and provision of garbage and recycling services. The Village employs seventy-one (71) full time employees.
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It's our job to know EVERYTHING about Grayslake, Lake Zurich,Gurnee and Northern Illinois Suburbs! Ask us any question. Or request a FREE information package. There's no obligation, and we promise to get back to you quickly... 

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Real Estate Tips
Investment Real Estate >Location And Value

One of the most important factors that affect the value of property is obviously location. Wise investment philosophy suggests that you invest in a sound property in a more modest area that will increase in value in the future. Buying into an area that is being gentrified, or that is otherwise coming back, is one way to do this.
Timing is everything, however! Most investors don't want to risk too much by being a pioneer, but want to get involved early enough so that there is still considerable room for appreciation in value. Being a pioneer is fine if you are a risk-taker with a lot of patience and cash is not the primary issue. Otherwise, it is safer to buy into an area after the restoration trend is unmistakably established.

Neighborhoods that are ripe for restoration have some common characteristics. They are next to a prestigious area or in a good walk-to-work location and have houses that are basically in good condition or "fixer-uppers" with realistic price tags.

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Real Estate Trivia
Q 
What is the world's longest frontier?

A 
At 3,987 kilometers (3,987 miles), the border between Canada and the U.S. is the longest in the world.
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The Paul Paterakis Power Team, REALTOR®, real estate agent and broker for Lake Zurich, Grayslake and Long Grove, Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

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