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Property profile & analytics
FOR SALE
Retail space

55 N Barron Blvd Grayslake, IL 60030

8,380 SF 0.34 ac lot Built 1955
Entity Owned 21-yr Hold ~ Est. High Equity
Property ID
US28-1974610
Property summary
AI-generated overview

This Grayslake retail property, located at 55 Barron Blvd (cross street: Center St.), offers 8,380 square feet in a single-story building constructed in 1955 and renovated in 2005. The property features three suites, with 4,800 square feet currently vacant and available for lease. The minimum divisible space is 3,800 square feet, with a maximum contiguous space of 4,800 square feet. The building boasts almost 50 feet of frontage on busy Route 83 (Barron Blvd.), providing excellent visibility and signage opportunities. Large windows allow for abundant natural light. The space currently operates as a month-to-month thrift shop and includes mostly open floor space, along with two overhead doors ideal for deliveries, storage, or workshop use. The property benefits from its location next to the recently expanded Texas Bebe's Quesobarria restaurant, ensuring high foot traffic. Thirty parking spaces are available for customers and employees. The property is zoned GB and has an APN of 0626402014. This prime retail location offers easy access and ample parking, making it an excellent opportunity for a variety of businesses.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Construction BRICK
Total area 8,380 SF
Lot 0.34 ac (14,998 SF)
APN 06-26-402-014
UPID US28-1974610
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$712k
Blend (final) Blend
$705k
Owner & transaction history
55 N Barron Blvd LLC · 21 yrs held
55 N Barron Blvd LLC
since 2005
3 recorded transactions
2005
$675,000
2005
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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