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Grayslake, IL Apartment Buildings for Sale

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Mixed-Use Building with Apartment
Updated: Oct 2, 2025
Mixed-Use Building with Apartment

33125 N US Highway 45, Grayslake, IL 60030

$495,900
0.29 AC lot
Versatile mixed commercial/residential building with main‑level store fronts/offices plus an upper‑level apartment
Brick construction with central air and a membrane roof
Year built: 1978
Main level includes five store fronts/offices for retail, professional office use, or a mix of both
Upper level has a spacious apartment for owner‑occupancy or rental income
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Based on your search, we've compiled 49 Potential Opportunities for your consideration. Besides 1 Active listings in Grayslake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 40 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Lakefront Tavern and Apartment Property
Lakefront Tavern and Apartment Property

137-139 Arthur Avenue, Fox Lake, IL 60020

$579,000
0.31 AC lot

Vacant, lakefront mixed-use site with a former tavern and seven apartments, including piers and deck space.

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Mixed-Use Property in Waukegan, IL
Mixed-Use Property in Waukegan, IL

726 10th Street, Waukegan, IL 60085

$283,975
1,740 sqft 0.08 AC lot

Mixed-use property with retail storefront and apartments in Waukegan.

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Lakefront Tavern and Rental Units
Lakefront Tavern and Rental Units

139 Arthur Avenue, Fox Lake, IL 60020

$579,000
4,400 sqft

Lakefront property combining a former tavern space with seven rental units in Fox Lake.

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Mixed-Use Building in Waukegan
Mixed-Use Building in Waukegan

818 10th Street, Waukegan, IL 60085

$449,900
0.16 AC lot

Mixed-use building with restaurant and apartments in active commercial area.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO
Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

View details

Off-Market Properties in Grayslake, IL

Consider similar Off-Market properties in Grayslake, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

254 Slusser St
APARTMENT HOUSE (UNDER 5 UNITS)

254 Slusser St, Grayslake, IL 60030-1446

Value Estimation by Request
3,321 sqft 0.35 AC lot
View details
610 Barron Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

610 Barron Blvd, Grayslake, IL 60030-1376

Value Estimation by Request
4,312 sqft 0.34 AC lot
View details
720 Barron Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

720 Barron Blvd, Grayslake, IL 60030-1377

$560,000
Estimated value
4,312 sqft 0.34 AC lot
View details
239 Lk St
APARTMENT HOUSE (UNDER 5 UNITS)

239 Lk St, Grayslake, IL 60030-1459

$1,030,000
Estimated value
12,432 sqft 0.52 AC lot
View details
329 Quist Ct
APARTMENT HOUSE (UNDER 5 UNITS)

329 Quist Ct, Grayslake, IL 60030-2792

$815,000
Estimated value
9,576 sqft 0.53 AC lot
View details
645 Swan Dr
APARTMENT HOUSE (UNDER 5 UNITS)

645 Swan Dr, Grayslake, IL 60030-3302

Value Estimation by Request
3,788 sqft 0.20 AC lot
View details
430 Slusser St
APARTMENT HOUSE (UNDER 5 UNITS)

430 Slusser St, Grayslake, IL 60030-2433

$665,000
Estimated value
4,995 sqft 0.57 AC lot
View details
653 Swan Dr
APARTMENT HOUSE (UNDER 5 UNITS)

653 Swan Dr, Grayslake, IL 60030-3300

Value Estimation by Request
3,724 sqft 0.21 AC lot
View details
657 Swan Dr
APARTMENT HOUSE (UNDER 5 UNITS)

657 Swan Dr, Grayslake, IL 60030-3301

Value Estimation by Request
3,724 sqft 0.20 AC lot
View details
320 Slusser St
APARTMENT HOUSE (UNDER 5 UNITS)

320 Slusser St, Grayslake, IL 60030-1478

$1,115,000
Estimated value
10,836 sqft 0.29 AC lot
View details
149 Westerfield Pl
APARTMENT HOUSE (UNDER 5 UNITS)

149 Westerfield Pl, Grayslake, IL 60030-2366

$625,000
Estimated value
4,620 sqft 1.00 AC lot
View details
665 Swan Dr
APARTMENT HOUSE (UNDER 5 UNITS)

665 Swan Dr, Grayslake, IL 60030-1399

Value Estimation by Request
3,724 sqft 0.20 AC lot
View details
746 Barron Blvd
APARTMENT HOUSE (UNDER 5 UNITS)

746 Barron Blvd, Grayslake, IL 60030-1378

Value Estimation by Request
4,312 sqft 0.34 AC lot
View details
45 Whitney St
APARTMENT HOUSE (UNDER 5 UNITS)

45 Whitney St, Grayslake, IL 60030-1584

$555,000
Estimated value
5,863 sqft 0.17 AC lot
View details
340 Neville Dr
APARTMENT HOUSE (UNDER 5 UNITS)

340 Neville Dr, Grayslake, IL 60030-2448

$1,000,000
Estimated value
9,360 sqft 0.48 AC lot
View details
333 Neville Dr
APARTMENT HOUSE (UNDER 5 UNITS)

333 Neville Dr, Grayslake, IL 60030-2454

$1,000,000
Estimated value
9,360 sqft 0.48 AC lot
View details
365 Neville Dr
APARTMENT HOUSE (UNDER 5 UNITS)

365 Neville Dr, Grayslake, IL 60030-2452

$995,000
Estimated value
9,360 sqft 0.48 AC lot
View details
330 Neville Dr
APARTMENT HOUSE (UNDER 5 UNITS)

330 Neville Dr, Grayslake, IL 60030-2446

$925,000
Estimated value
8,484 sqft 0.43 AC lot
View details
360 Neville Dr
APARTMENT HOUSE (UNDER 5 UNITS)

360 Neville Dr, Grayslake, IL 60030-2450

$995,000
Estimated value
9,360 sqft 0.48 AC lot
View details
325 Neville Dr
APARTMENT HOUSE (UNDER 5 UNITS)

325 Neville Dr, Grayslake, IL 60030-2405

$930,000
Estimated value
8,484 sqft 0.43 AC lot
View details
661 Swan Dr
APARTMENT HOUSE (UNDER 5 UNITS)

661 Swan Dr, Grayslake, IL 60030-1397

Value Estimation by Request
3,724 sqft 0.20 AC lot
View details
501 Berry Ave
APARTMENT HOUSE (UNDER 5 UNITS)

501 Berry Ave, Grayslake, IL 60030-3305

$525,000
Estimated value
4,320 sqft 0.38 AC lot
View details
295 Gln St
APARTMENT HOUSE (UNDER 5 UNITS)

295 Gln St, Grayslake, IL 60030-2787

$1,050,000
Estimated value
9,924 sqft 0.68 AC lot
View details

Grayslake, IL Apartment Buildings Market Trends and Statistics

Explore 41 apartment buildings for sale in Grayslake, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $495,900.

Sale prices for two-family homes in Grayslake, IL start at $495,900, averaging $495,900, and reaching up to $495,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 36K
Population Growth (5Y) -3.4%
Median Household Income $104,920
College Educated 67.6%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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