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Mixed-Use Building with Apartment
For Sale
$495,900

33125 N US Highway 45, Grayslake, IL 60030

Commercial Sale, Grayslake, IL

Property SizeContact for details
Lot Size0.29 Acres
Days on Market329

Property Features for 33125 N US Highway 45

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions From Rte 120 and Rte 45, North on Rte 45 to address on right side of Rte 45
Subdivision Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
Standard status Active
APN 07303150370000
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 17606

Utilities

Cooling system Central Air

Building Details

Year built 1978
Floors in Building 1
Number of units 6
Flooring type Vinyl, Concrete, Carpet
Building materials Brick
Roof type Membrane
Listing Agency: Realty World Tiffany R.E.
Listed By: Wayne Sobczak · License #2901990
Added: Oct 2, 2025 Changed: Aug 20 Last Checked: Aug 26 at 2:06PM
MLS# 12481766

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This brick mixed-use property contains five storefront or office spaces on the main level and a spacious apartment above. The commercial areas can accommodate retail or professional office use, while the upper residence provides an additional component within the building. Interior finishes include vinyl, concrete, and carpet flooring, with central air conditioning. A membrane roof serves the structure, which was built in 1978.

The property occupies 0.2879 acres at 33125 N US Highway 45 in Grayslake, Illinois. Its commercial zoning is identified as COMMR, and parking for approximately 10-12 vehicles is positioned in front of and along the sides of the building. The configuration supports an owner-user arrangement, leasing multiple commercial areas, or combining business and residential occupancy.

Key Highlights

  • Five main‑level storefront or office spaces
  • Upper‑level apartment within the mixed‑use building
  • 0.2879‑acre site at 33125 N US Highway 45

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Bakery Hair Salon Furniture & Home Goods Plumbing Service Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Office units
1
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

662
Businesses Nearby

Demographics for 60030, IL

36,346
Population
15,006
Households
2.4
Avg Household Size
43
Median Age
49%
College-Educated
97%
High-School Grad
26.8 sq mi
ZIP Area
1,356
Density / Sq Mi
$104,920
Median Household Income
$55,766
Median Earnings
$1,526
Median Rent
$276,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick commercial property combines multiple main-level storefronts with an upper-level apartment and on-site customer parking.
Where is this mixed-use property located?
The property is located at 33125 N US Highway 45 Grayslake, IL.
What is the asking price?
The asking price for this property is $495,900.
What are key features of this property?
This property features: Five main‑level storefront or office spaces; Upper‑level apartment within the mixed‑use building; 0.2879‑acre site at 33125 N US Highway 45
More about this property
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