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    18880 Gages Lake Rd Grayslake, IL 60030

    Sponsored
    For Lease
    Under Contract
    Contact for pricing

    COMMERCIAL - Grayslake, IL

    Lot size:
    1.00 Acre
    Days on Market:
    14
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 18880 Gages Lake Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    COMMR
    Lot size
    1.00 Acre

    Utilities

    Utilities
    Natural Gas Available

    Building Details

    Year built
    1987
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Varies, Concrete
    Building materials
    Steel Siding, Wood, Aluminum Siding
    Roof type
    Metal

    RE/MAX Plaza (847) 596-6100 [email protected]

    Listing agent Christopher Hoelz (847) 596-6150

    Listing date Dec 23, 2025

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property in Grayslake, Illinois

    This commercial property is located in Grayslake, Illinois. It is zoned COMMR and situated on a 1-acre lot. The property is suitable for various uses, including hobbyist activities, car collecting, or trades such as electrician or plumber services. It features outside parking and storage, an office, a restroom, and new gas heating. The property was previously available for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grayslake
    County
    Lake
    State
    Illinois
    Longitude
    -88.0015222
    Latitude
    42.3575856

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    FAQs

    What type of property is this?
    Specialty property - Commercial property available for rent in Grayslake, Illinois.
    Where is this specialty property located?
    The property is located at 18880 Gages Lake Rd Grayslake, IL.
    What are key features of this property?
    This property features: - Outside parking and storage available.; - New gas heating installed.; - Suitable for hobbyist, car collector, electrician, plumber etc.
    (847) 596-6150
    Request Owner's contact information
    18880 Gages Lake Rd Grayslake, IL 60030
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18880 Gages Lake Rd Grayslake, IL 60030
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