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Corner Retail and Office Buildings
For Sale
Under Contract
$599,900

102-106 Center Street, Grayslake, IL 60030

Commercial Sale, Grayslake, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market113

Property Features for 102-106 Center Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMR
Directions Route 83 to Center St. west to the corner of Center and Slusser
Subdivision Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
Standard status Active Under Contract
APN 06263100100000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 10958

Utilities

Cooling system Central Air

Building Details

Year built 1951
Floors in Building 1
Number of units 1
Flooring type Carpet
Building materials Brick
Listing Agency: RE/MAX Plaza · RE/MAX International
Listed By: Jeffrey Bell · License #475095372
Added: Apr 30 Changed: Aug 19 Last Checked: Aug 20 at 3:06PM
MLS# 12634876

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 retail and commercial building was created by combining two properties and has been used for a variety of purposes, including medical office space and most recently a local pharmacy. The offering includes approximately 2,500 SF of currently vacant space, while the remainder is leased to an attorney. The property also includes its own private parking lot with capacity for nine cars.

Located on a busy downtown corner at Center Street and Slusser Street, the site sits directly in front of a municipal parking lot. It is across the street from restaurants, stores, and residential apartments and condos.

Zoning is listed as COMMR (downtown zoning identified as CB), with allowance for up to four stories in height.

Key Highlights

  • Brick buildings with central air, built in 1951
  • Two buildings combined; currently 2,500 SF vacant while the rest is leased to an attorney
  • Private parking lot for 9 cars

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store Pharmacy Plumbing Service (Bike/Boat/Book/etc) Store Acupuncture Storage Facility

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

691
Businesses Nearby
21k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Grayslake Shops & Services
9,247 visits/mo 0.4 miles
Dollar General Shops & Services
4,727 visits/mo 0.0 miles
PNC Bank Shops & Services
4,443 visits/mo 0.2 miles
Huntington Bank Shops & Services
1,818 visits/mo 0.4 miles
MyEyeDr. Shops & Services
1,164 visits/mo 0.1 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two combined buildings offer private parking for nine cars, with part of the space currently vacant and part leased to an attorney.
Where is this retail space located?
The property is located at 102-106 Center Street Grayslake, IL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Brick buildings with central air, built in 1951; Two buildings combined; currently 2,500 SF vacant while the rest is leased to an attorney; Private parking lot for 9 cars
More about this property
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