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    55 Barron Blvd Grayslake, IL 60030

    New
    For Sale
    $950,000

    Commercial Sale - Grayslake, IL

    Property size:
    8,380 SF
    Days on Market:
    4
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 55 Barron Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    06264020140000
    Size
    8,380 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1955
    Number of units
    2
    Architectural style
    Other

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

    Listing agent Jeffrey Bell (847) 596-6100 License #475095372

    Listing date Dec 2, 2025

    MLS# 12522566 Listing URL

    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

    Renovated Storefront Building in Grayslake

    This is an attractive two-unit storefront building that was completely renovated in 2005 and is currently fully rented. One unit is occupied by Texas Bebe's Quesobarria, a restaurant that recently expanded and has a short-term lease. The other unit, approximately 4,800 square feet, is occupied by Wild Raspberry Resale, a thrift store with two overhead doors. The property consists of two parcels, one of which serves as a parking lot. It is located on a busy state highway in the heart of Grayslake.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront 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
    -88.0327592
    Latitude
    42.3459428

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    FAQs

    What type of property is this?
    Restaurant - Fully rented, renovated commercial building on a busy state highway.
    Where is this restaurant located?
    The property is located at 55 Barron Blvd Grayslake, IL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Fully rented two-unit storefront building; - Located on a busy state highway in the heart of Grayslake; - Includes a parking lot parcel
    (847) 596-6100
    Request Owner's contact information
    55 Barron Blvd Grayslake, IL 60030
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    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
    55 Barron Blvd Grayslake, IL 60030
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