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    70 S 45 Hwy, Unit 215 Grayslake, IL 60030

    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Grayslake, IL

    Type:Office
    Days on Market:
    175
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 70 S 45 Hwy

    General Information

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

    Utilities

    Utilities
    Natural Gas Available
    Cooling system
    Central Air

    Building Details

    Year built
    1971
    Floors in Building
    1
    Number of units
    16
    Flooring type
    Carpet, Vinyl

    Sohum Realty Inc (847) 454-7739 [email protected]

    Listing agent Sunita Kakarlapudi (773) 231-7567

    Listing date Jul 16, 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

    Renovated Office Suite in Grayslake

    This newly renovated 4,325 sq ft office suite is located in Grayslake, Illinois, offering 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. It is move-in ready and requires a minimum 1-year lease with a security deposit. The property is zoned for office use (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 in a prime Grayslake location.
    Where is this office space located?
    The property is located at 70 S 45 Hwy, Unit 215 Grayslake, IL.
    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 and 2 conference rooms.**
    (630) 280-9197
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    70 S 45 Hwy, Unit 215 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, Unit 215 Grayslake, IL 60030
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