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Grayslake, IL Commercial Real Estate for Sale

16 results
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Mixed-Use Building on Hwy 45
$549,900
0.29 Acres

Mixed-Use Building on Hwy 45

33125 N Us Highway 45, Grayslake, IL 60030

Versatile commercial/residential building in high-visibility location on Hwy 45.

  • High‑visibility location on busy Hwy 45.
  • Mixed‑use commercial/residential building offering versatile investment options.
  • Five storefronts/offices on the main level suitable for retail or professional use.
  • Spacious upper‑level apartment for owner‑occupancy or rental income.
  • Multiple income streams possible through various leasing configurations.
Updated: Oct 8, 2025
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Renovated Storefront Building with Parking
$950,000
0.66 Acres

Renovated Storefront Building with Parking

55 Barron Blvd, Grayslake, IL 60030

Fully rented two-unit building on busy state highway.

  • Fully rented two‑unit storefront building.
  • Located on a busy state highway in the heart of Grayslake.
  • Includes a separate parking lot parcel.
  • One unit is a large 4,800 SF space with two overhead doors.
  • Completely renovated in 2005.
Updated: Dec 2, 2025
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Grayslake Commercial Suites For Sale
$549,900
0.30 Acres

Grayslake Commercial Suites For Sale

Five suites, plus apartment, suitable for retail or office.

33125 N Us 45 Hwy, Grayslake, IL 60030
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Prime Corner Location in Grayslake
$629,900
0.14 Acres

Prime Corner Location in Grayslake

Thriving downtown location with redevelopment potential for restaurant/bar.

102-106 Center St, Grayslake, IL 60030
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Historic Grayslake Triplex Investment Opportunity
$350,000

Historic Grayslake Triplex Investment Opportunity

Historic 3-unit building in downtown Grayslake near amenities and Metra.

40 S Slusser St, Grayslake, IL 60030
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Grayslake Office Condo - Prime Location
$299,900
2,734 SF

Grayslake Office Condo - Prime Location

Turn-key office condo, Route 120 visibility.

4 Deer Point Rd, Grayslake, IL 60030
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Downtown Grayslake Commercial Property
$650,000
2,376 SF

Downtown Grayslake Commercial Property

Prime location, mixed-use building, high potential.

132 Center St, Grayslake, IL 60030
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Grayslake Industrial Space - Huge Potential
$1,995,000
34,218 SF

Grayslake Industrial Space - Huge Potential

Massive Office/Warehouse, 34,218 SF, 1.27 Acres

350 Center St, Grayslake, IL 60030
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Grayslake Retail Investment Opportunity
$950,000
8,380 SF

Grayslake Retail Investment Opportunity

Two-unit storefront, high-traffic location.

55 Barron Blvd, Grayslake, IL 60030
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Grayslake Office Building - Prime Location
$1,399,000
6,823 SF

Grayslake Office Building - Prime Location

Fully Leased, High-End Office Suites

146 Center St, Grayslake, IL 60030
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Grayslake Retail Corner Property
$629,900
3,150 SF

Grayslake Retail Corner Property

High-traffic location, redevelopment potential

102-106 Center St, Grayslake, IL 60030
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Grayslake Business Space for Lease
Contact for pricing
4,500 SF

Grayslake Business Space for Lease

4,500 sq ft, Ample Parking, Great Location

18880 Gages Lake Rd, Grayslake, IL 60030
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Grayslake Office Building - Great Potential
$265,000
2,200 SF

Grayslake Office Building - Great Potential

2,200 sq ft Office, Route 83 Frontage

375 Il Route 83, Grayslake, IL 60030
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Grayslake Warehouse & Office Space
$2,900,000
25,000 SF

Grayslake Warehouse & Office Space

Prime industrial property: warehouse & office space.

253 Commerce Dr, Grayslake, IL
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Grayslake Circle K Gas Station
Contact for pricing

Grayslake Circle K Gas Station

High-Yield NNN Lease, 7 Years Left

1805 Belvidere Rd, Grayslake, IL 60030
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Downtown Grayslake Storefront
$629,900
3,150 SF

Downtown Grayslake Storefront

Prime Grayslake retail space, high visibility.

102-106 Center St, Grayslake, IL 60030
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Based on your search, we've compiled 945 Potential Opportunities for your consideration. Besides 16 Active listings in Grayslake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 922 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Libertyville Commercial Land For Sale
Contact for pricing

Libertyville Commercial Land For Sale

Commercial land with frontage on Rt 45 near Metra.

31366 N Us Highway 45, Libertyville, IL 60048
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Lake Villa Industrial Property - $1.8M
$1,800,000
5,788 SF

Lake Villa Industrial Property - $1.8M

Flex, Manufacturing, Warehouse - 5,788 SF

35220 Illinois 83, Lake Villa, IL 60046
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Grayslake Commercial Land Development
Contact for pricing
36.70 Acres

Grayslake Commercial Land Development

36.7 Acres, Prime PUD Zoning, High Traffic

0 Rte 120 & Rte 137, Libertyville, IL 60030
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Lake Villa Development Land - 77 Acres
Contact for pricing
77.00 Acres

Lake Villa Development Land - 77 Acres

Prime 77-acre site, ideal for mixed-use development.

20660 Rollins Rd, Lake Villa, IL 60046
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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.

1.29 Acre Pad Ready Site
Contact for pricing

1.29 Acre Pad Ready Site

1.29 acre site for sale with general business zoning.

18770 Il-120, Grayslake, IL
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Grayslake Pad Ready Land
Contact for pricing

Grayslake Pad Ready Land

30,500 square feet of general business zoned land.

1886 E Belvidere Rd, Grayslake, IL 60030
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Grayslake Commercial Land For Sale
Contact for pricing

Grayslake Commercial Land For Sale

Commercial land with frontage on IL Route 83.

35052 N Il Route 83, Grayslake, IL 60030
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Explore 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.

1860 Illinois 83

1860 Illinois 83

Flex space • 1,850 SF
Value Estimation by Request
1860 Illinois 83, Grayslake, IL 60030
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405 Illinois 83

405 Illinois 83

Flex space • 17,200 SF
Value Estimation by Request
405 Illinois 83, Grayslake, IL 60030
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146 Center St

146 Center St

Office Properties & Spaces • 6,823 SF
Value Estimation by Request
146 Center St, Grayslake, IL 60030
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115 Illinois 83

115 Illinois 83

Restaurants • 2,790 SF
Value Estimation by Request
115 Illinois 83, Grayslake, IL 60030
View details
102-106 Center St

102-106 Center St

Retail properties • 3,150 SF
Value Estimation by Request
102-106 Center St, Grayslake, IL 60030
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115 Us-45

115 Us-45

Restaurants
Value Estimation by Request
115 Us-45, Grayslake, IL 60030
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146 Center St

146 Center St

Individual retail properties • 6,823 SF
Value Estimation by Request
146 Center St, Grayslake, IL 60030
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102-106 Center St

102-106 Center St

Individual retail properties • 3,150 SF
Value Estimation by Request
102-106 Center St, Grayslake, IL 60030
View details

Grayslake, IL Commercial Real Estate Investment Opportunities Market Analysis

Explore 596 commercial real estate investment opportunities in Grayslake, IL with 16 listings featured on our commercial real estate marketplace. The current inventory includes 1,481,039,399 square feet of properties with an estimated value of $259,007,073.

Estimated prices for commercial real estate in Grayslake, IL begin at $75,000, with an average of $731,658 and extend to $20,725,000.

In Grayslake, IL, current investment values show:

  • Office Properties & Spaces positioned at $494,784
  • Office buildings measuring $454,450
  • Retail properties assessed at $1,200,571
  • Industrial properties calculated at $525,571
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