40 S Slusser Street, Grayslake, IL 60030

Building Details

Year Built 1900 More

Listing Agency: Baird & Warner

Listed By: Connie Barhorst · License #475185571 Show Phone

Source: Kw

Added: Aug 21, 2025 Changed: Nov 7 Last Checked: Nov 8 at 8:58AM

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Investment Insights

Based on property information with market context.

This historic home, located in downtown Grayslake, has been converted into a three-unit rental property. The units retain many original features, including built-ins, moldings, and doorknobs. The property includes a yard with an original stone backyard fireplace and patio. A backyard shed provides parking and storage space. The property is located near downtown Grayslake's eateries, boutiques, and coffee shops, as well as the Wednesday Farmer's Market. The public pool, library, and Metra station are also within a short distance, presenting an investment opportunity.

Key Highlights

• Prime location in the heart of downtown Grayslake.
• Converted historic home offering a 3‑unit rental property.
• Features original architectural details such as built‑ins, moldings, and doorknobs.

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

691

Businesses Nearby

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 Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Triplex - Historic 3-unit building in downtown Grayslake near amenities and Metra.

Where is this triplex located?

The property is located at 40 S Slusser Street Grayslake, IL.

What is the asking price?

The asking price for this property is $347,000.

What are key features of this property?

This property features: Prime location in the heart of downtown Grayslake.; Converted historic home offering a 3‑unit rental property.; Features original architectural details such as built‑ins, moldings, and doorknobs.