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    4 Deer Point Rd Grayslake, IL 60030

    For Sale
    $299,900

    Turn-key office condo, Route 120 visibility.

    Property size:
    2,734 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 2,734 square foot office condo, located at 4 N Deer Point Road Unit 1008 in Grayslake, Illinois, presents a unique opportunity for businesses seeking a prestigious and functional workspace. Boasting a highly desirable B-1 zoning classification, this property offers unparalleled versatility. The building benefits from prominent monument signage directly on Route 120, ensuring high visibility and brand recognition. Inside, the condo features a modern and sophisticated design, including high-end finishes throughout. The layout is thoughtfully designed to accommodate a variety of business needs, with six private offices providing individual workspaces, a dedicated conference room for meetings and presentations, and a spacious open work area perfect for collaborative projects. A full deluxe kitchen and two washrooms add to the convenience and comfort of the space. Abundant parking is available for employees and clients, eliminating parking hassles. The property sits on a 1.01-acre lot. To further enhance its appeal, the existing furniture is available for inclusion, providing a truly turn-key solution for immediate occupancy. This is an exceptional opportunity to acquire a move-in ready, high-profile office space in a prime Grayslake location. The combination of location, amenities, and flexible space makes this an ideal property for a variety of businesses.

    Property Features for 4 Deer Point Rd

    General Information

    Property type
    Residential income properties
    Square Feet
    2,734 SF
    Lot Size
    43,996 SF

    Building Details

    Year Built
    2008
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Grayslake
    County
    Lake
    State
    Illinois
    Longitude
    -88.06007
    Latitude
    42.34457

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    FAQs

    What type of property is this?
    Residential income property - Turn-key office condo, Route 120 visibility.
    Where is this residential income property located?
    The property is located at 4 Deer Point Rd Grayslake, IL.
    What is the asking price?
    The asking price for this property is $299,900.
    (847) 634-2300
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    4 Deer Point Rd 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
    4 Deer Point Rd Grayslake, IL 60030
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