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Office Units with Central Air
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115 Commerce Drive, Grayslake, IL 60030

COMMERCIAL - Grayslake, IL

Space SizeContact for details
Lot Size0.69 Acres
Days on Market913

Property Features for 115 Commerce Drive

General Information

Property type Commercial Lease
Property subtype Office
Zoning OFFIC
Directions Rte 120 (Belvidere Rd) to Atkinson Rd N. to Hoffner Dr E. 115 Commerce Dr
Subdivision Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
Standard status Active
Lot size 0.69 Acres

Utilities

Cooling system Central Air

Building Details

Year built 1993
Floors in Building 1
Number of units 7
Flooring type Carpet
Building materials Brick
Roof type Composition
Listing Agency: REMAX Legends · RE/MAX International
Listed By: Kelly Dyson · License #475114736
Added: Feb 9, 2024 Changed: Aug 4 Last Checked: Aug 10 at 7:06AM
MLS# 11978202

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 office property at 115 Commerce Drive offers professional office units in a brick building constructed in 1993. Interior features include carpeted flooring and central air conditioning, while the roof is finished with composition materials. The building’s professional tenant mix includes doctors, dentists, attorneys, accountants, and other professional users.

The property occupies 0.69 acres in Grayslake, Illinois, and is located near a main post office. OFFIC zoning is identified for the property, providing a specific land-use designation for the office asset.

Key Highlights

  • Office units in a brick building constructed in 1993
  • Central air conditioning and carpeted flooring
  • OFFIC zoning designation

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Storage Facility Parking Lot & Garage Garden Center Law Firm Grocery & Convenience Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,050
Businesses Nearby

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

Lease Benchmarks for Grayslake, IL

$13.08 /SF/Yr
Avg Asking Price
$12–$18 /SF/Yr
Price Range
5,125 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Brick office units feature carpeted floors and centrally controlled cooling.
Where is this office units located?
The property is located at 115 Commerce Drive Grayslake, IL.
What are key features of this property?
This property features: Office units in a brick building constructed in 1993; Central air conditioning and carpeted flooring; OFFIC zoning designation
More about this property
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