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    70 S 45 Hwy Grayslake, IL 60030

    For Lease
    $32 SF/Yr

    Office - Grayslake, IL

    Type:Office
    Days on Market:
    144
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 70 S 45 Hwy

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Zoning
    OFFIC

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1971
    Number of units
    16
    Flooring type
    Carpet, Vinyl
    Architectural style
    Other

    Sohum Realty Inc (630) 280-9197 [email protected]

    Listing agent Sunita Kakarlapudi (630) 280-9197 License #475163364

    Listing date Jul 15, 2025

    MLS# 12342735 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 Office Suite in Grayslake

    This newly renovated office suite offers 4,325 square feet of space in Grayslake, Illinois. The property is situated in a prime location with excellent visibility on Route 45, near Route 120. The flexible layout includes 16 private offices, 2 conference rooms, and a spacious common area suitable for reception or collaboration. Recent updates include new carpeting, paint, lighting, and window treatments. The suite benefits from abundant natural light. Convenient access to major highways is available. The property is move-in ready. The minimum lease term is one year, and a security deposit is required. The zoning is OFFIC.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Grayslake
    County
    Lake
    State
    Illinois
    Longitude
    -88.0546
    Latitude
    42.3279

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    FAQs

    What type of property is this?
    Office space - Newly renovated office suite with flexible layout in Grayslake, IL.
    Where is this office space located?
    The property is located at 70 S 45 Hwy Grayslake, IL.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: - Newly renovated 4,325 sq ft office suite.; - Prime Grayslake location with excellent visibility on Route 45.; - Flexible layout with 16 private offices, 2 conference rooms, and spacious common area.
    (630) 280-9197
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    70 S 45 Hwy 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
    70 S 45 Hwy Grayslake, IL 60030
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