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    70 S Us Highway 45 Grayslake, IL 60030

    For Lease
    $11 SF/Yr

    Office - Grayslake, IL

    Type:Office
    Days on Market:
    152
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 70 S Us Highway 45

    General Information

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

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1971
    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# 12338999 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 on Route

    This newly renovated office suite offers 1,100 square feet of flexible workspace, including 4 private offices and a large reception area. The layout features a total of 3 private offices and a spacious reception or common area ideal for reception or team collaboration. Recent updates include new carpeting, fresh paint, modern lighting, and updated window treatments. Natural light fills the space, creating a bright and inviting atmosphere. Located in Grayslake, Illinois, within Lake County, the property is in a highly visible and accessible location along busy Route 45, near Route 120. This space is suitable for businesses looking to make a strong impression. With convenient access to major highways, this move-in ready suite is available for lease with a minimum 1-year term and a security deposit required. The zoning is OFFIC.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    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
    -88.005747
    Latitude
    42.343011

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    FAQs

    What type of property is this?
    Office space - Newly renovated office suite with flexible workspace in Grayslake, IL.
    Where is this office space located?
    The property is located at 70 S Us Highway 45 Grayslake, IL.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Newly renovated office suite with modern updates including carpeting, paint, lighting, and window treatments.; - Highly visible and accessible location on Route 45, near Route 120.; - 1,100 sq ft of flexible workspace.
    (630) 280-9197
    Request Owner's contact information
    70 S Us Highway 45 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 Us Highway 45 Grayslake, IL 60030
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