Grayslake, IL Commercial Real Estate for Sale

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Round Lake Beach, IL Libertyville, IL Lake Villa, IL

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Updated: Mar 18, 2024

Grayslake Corner Location For Sale

102-106 Center St, Grayslake, IL 60030

$599,900

3,150 sqft

Prime corner location in downtown Grayslake (Center and Slusser St.)
Redevelopment opportunity with downtown zoning (CB) allowing up to 4 stories
Private parking lot with 9 spaces
High‑traffic location across from restaurants, stores, apartments, and condos
Existing tenant (attorney) provides immediate income

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This listing looks promising.

Here's a quick look at some key insights for

102-106 Center St, Grayslake, IL 60030

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Est. Cap Rate

5.4%
NOI ÷ price
Est. NOI

$32K
Annual
Price @ 7% Cap

$460K
Suggested

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Updated: Apr 30

Grayslake Commercial Property for Sale

102-106 Center Street, Grayslake, IL 60030

$599,900

0.14 AC lot

Brick construction
Carpet flooring
Central air cooling
Built in 1951

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Grayslake Commercial Suites For Sale

33125 N US 45 Highway, Grayslake, IL 60030

$495,900

743 sqft · 0.30 AC lot

Five office/retail suites with apartment in Grayslake, Illinois.

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Mixed-Use Building with Apartment

33125 N US Highway 45, Grayslake, IL 60030

$495,900

0.29 AC lot

Located on US Highway 45 with five storefront/office spaces and an upstairs apartment plus parking for about 10–12 vehicles.

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Grayslake Land For Sale

18313 E. Belvidere Road, Grayslake, IL 60030

Contact for pricing

5.84 AC lot

5.84 acres of land zoned for general business.

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Renovated Storefront Building on Highway

55 N Barron Blvd, Grayslake, IL 60030

$899,900

8,380 sqft

Two-unit storefront building with leases in place and parking.

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Grayslake Pad Ready Land

1886 E Belvidere Rd, Grayslake, IL

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0.70 AC lot

30,500 square feet of general business zoned land.

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Grayslake Commercial Land For Sale

35052 N Il Route 83, Grayslake, IL

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3.56 AC lot

Commercial land with frontage on IL Route 83.

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1.29 Acre Pad Ready Site

18770 IL-120, Grayslake, IL

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1.29 AC lot

1.29 acre site for sale with general business zoning.

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CIRCLE K NNN Lease

1805 E Belvidere Rd, Grayslake, IL 60030

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CIRCLE K property with an existing NNN lease.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 10 Active listings in Grayslake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Freestanding Office Property

6475 Washington Street, Gurnee, IL 60031

$3,150,000

3.75 AC lot

For sale office property on a 3.75-acre lot at Washington Street in Gurnee, IL, offering space for business use.

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Libertyville Office Space For Sale

1880 W Winchester Road, Libertyville, IL 60048

$259,900

4.39 AC lot

Spacious office suite with five private offices and ample parking.

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1.30 Acre Commercial Land Available

391 South Hunt Club Road, Gurnee, IL 60031

$595,000

1 sqft · 1.30 AC lot

1.30 acres of commercial land for sale.

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Libertyville Commercial Land For Sale

31366 N US Hwy 45, Libertyville, IL

Contact for pricing

2.11 AC lot

Commercial land with frontage on Rt 45 near Metra.

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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.

RETAIL STORES (PERSONAL SERVICES)

460 Washington St, Grayslake, IL 60030-7961

$2,300,000

Estimated value

15,048 sqft · 3.42 AC lot

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OFFICE BUILDING

99 Us Hwy 45, Grayslake, IL 60030-2201

Value Estimation by Request

600 sqft · 0.33 AC lot

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COMMERCIAL (GENERAL)

Mt Vernon Dr, Grayslake, IL 60030

$6,000,000

Estimated value

2.40 AC lot

View details

OFFICE/RESIDENTIAL (MIXED USE)

1830 Il Rte 83, Grayslake, IL 60030-7964

Value Estimation by Request

1,713 sqft · 3.00 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

1108 Washington St, Grayslake, IL 60030-7960

Unit A5

Value Estimation by Request

6,000 sqft · 0.28 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1162 Washington St, Grayslake, IL 60030-7960

Unit D5

Value Estimation by Request

6,000 sqft · 0.28 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1124 Washington St, Grayslake, IL 60030

Unit B5

Value Estimation by Request

6,000 sqft · 0.28 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1144 Washington St, Grayslake, IL 60030-7960

Unit C5

Value Estimation by Request

6,000 sqft · 0.28 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

1100 Washington St, Grayslake, IL 60030-7963

Unit F1

Value Estimation by Request

15,540 sqft · 0.43 AC lot

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OFFICE BUILDING

1186 Washington St, Grayslake, IL 60030-7960

Unit E1

Value Estimation by Request

9,600 sqft · 0.35 AC lot

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MANUFACTURING (LIGHT)

888 Belvidere Rd Ste, Grayslake, IL 60030-2572

Unit 215

Value Estimation by Request

2,016 sqft · 0.05 AC lot

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MANUFACTURING (LIGHT)

350 Ctr St, Grayslake, IL 60030-1624

$2,270,000

Estimated value

34,218 sqft · 1.27 AC lot

View details

WAREHOUSE, STORAGE

355 Il Rte 83, Grayslake, IL 60030-1669

$790,000

Estimated value

16,616 sqft · 0.80 AC lot

View details

WAREHOUSE, STORAGE

253 Commerce Dr, Grayslake, IL 60030-7823

$2,590,000

Estimated value

31,674 sqft · 0.84 AC lot

View details

Grayslake, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Grayslake, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 12,273 square feet of properties for sale, with an estimated market value of $1,995,700.

Sale prices for business properties in Grayslake, IL start at $495,900, averaging $665,233, and reaching up to $899,900 — 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%

High-Yield Neighborhoods for Investment

Identify Grayslake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60030	$665.2K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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Grayslake, IL Commercial Real Estate for Sale

102-106 Center St, Grayslake, IL 60030

102-106 Center Street, Grayslake, IL 60030

33125 N US 45 Highway, Grayslake, IL 60030

33125 N US Highway 45, Grayslake, IL 60030

18313 E. Belvidere Road, Grayslake, IL 60030

55 N Barron Blvd, Grayslake, IL 60030

1886 E Belvidere Rd, Grayslake, IL

35052 N Il Route 83, Grayslake, IL

18770 IL-120, Grayslake, IL

1805 E Belvidere Rd, Grayslake, IL 60030

Opportunities in Nearby Cities

6475 Washington Street, Gurnee, IL 60031

1880 W Winchester Road, Libertyville, IL 60048

391 South Hunt Club Road, Gurnee, IL 60031

31366 N US Hwy 45, Libertyville, IL

Off-Market Properties in Grayslake, IL

460 Washington St, Grayslake, IL 60030-7961

99 Us Hwy 45, Grayslake, IL 60030-2201

Mt Vernon Dr, Grayslake, IL 60030

1830 Il Rte 83, Grayslake, IL 60030-7964

1108 Washington St, Grayslake, IL 60030-7960

1162 Washington St, Grayslake, IL 60030-7960

1124 Washington St, Grayslake, IL 60030

1144 Washington St, Grayslake, IL 60030-7960

1100 Washington St, Grayslake, IL 60030-7963

1186 Washington St, Grayslake, IL 60030-7960

888 Belvidere Rd Ste, Grayslake, IL 60030-2572

350 Ctr St, Grayslake, IL 60030-1624

355 Il Rte 83, Grayslake, IL 60030-1669

253 Commerce Dr, Grayslake, IL 60030-7823

Grayslake, IL Commercial Real Estate Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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