Building Details

Building Size 4,500 SF

Year Built 1987

Stories 1

Units 1

Listing Agency: RE/MAX Plaza c***@chrishoelz.com Show Phone

Listed By: Christopher Hoelz · License #471004104 Show Phone

Source: Exit2newbeginningz

Added: Mar 13, 2024 Changed: Aug 23 Last Checked: Aug 16 at 7:58AM

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Investment Insights

Based on property information with market context.

This 4,500-square-foot flex space is available for rent. The property is suitable for a hobbyist, car collector, electrician, or plumber. It includes outside parking and storage, an office, a restroom, and new gas heating. The property can be used as a warehouse, office, or for other commercial real estate purposes.

Key Highlights

• Outside parking and storage available
• Suitable for hobbyist, car collector, electrician, or plumber
• New gas heating installed

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Big Box & Wholesale Store Auto Parts 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

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

402

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

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 Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Adaptable flex space suitable for various commercial uses.

Where is this flex space located?

The property is located at 18880 Gages Lake Road Grayslake, IL.

What is the lease rate?

The lease rate is $12 SF/Yr.

What are key features of this property?

This property features: Outside parking and storage available; Suitable for hobbyist, car collector, electrician, or plumber; New gas heating installed