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146 Center St Grayslake, IL 60030

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For Sale
$1,399,000

Fully Leased, High-End Office Suites

Property size:
6,823 SF

Property Features for 146 Center St

General Information

Property type
Office Properties & Spaces
Square Feet
6,823 SF
Lot Size
10,454 SF

Building Details

Year Built
1951

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Listing Contact
Robert Frank
Robert Frank

Listing Agency: Robert E. Frank Real Estate Listing Agent: Robert Frank

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional 6,823 square foot office building, situated on a 0.24-acre lot at 146 Center Street in the heart of Grayslake, IL, presents a unique investment opportunity. Previously home to the Grayslake Library for many years, this trophy building has undergone a complete renovation, boasting high-end finishes throughout. The space is currently divided into multiple office and retail suites, each carefully designed to maximize functionality and appeal. A diverse and stable tenant mix includes a photographer, music teacher, spa, sewing business, accounting firm, insurance agency, and a prominent anchor tenant, MyEyeDr. MyEyeDr. is slated to expand their space within the building in 2024, further solidifying the property's long-term value. All tenants are under multi-year, net-net-net (NNN) leases, providing predictable and consistent income. The building features a stylish main corridor with porcelain tile flooring, extending to the bathrooms. Climate control is ensured with central air conditioning and gas forced-air heating. The seller is open to considering a sale-leaseback arrangement or allowing a prospective buyer to occupy one of the existing office suites. Comprehensive financial statements are available upon request and execution of a non-disclosure agreement (NDA). For showings, please contact the listing agent. Please do not disturb tenants or place signage on the property.
Property Profile Location Intelligence

Current Use by Public Records

Office Properties & Spaces

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Grayslake
County
Lake
State
Illinois
Longitude
-88.04098
Latitude
42.3446

FAQs

What type of property is this?
Office Property / Space - Fully Leased, High-End Office Suites
Where is this office property / space located?
The property is located at 146 Center St Grayslake, IL.
What is the asking price?
The asking price for this property is $1,399,000.
More about this property
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