Historic Grayslake Triplex Investment
For Sale
$347,000
40 S Slusser Street, Grayslake, IL 60030
Historic 3-unit building in downtown Grayslake near amenities and Metra.
Property SizeContact for details
Days on Market355
Property Features for 40 S Slusser Street
General Information
Standard status
Active
Property subtype
Multi-Family
Amenities
Natural Gas
Baseboard
Radiant
Deck, Patio, Asphalt
Building Details
Year Built
1900
Listing Agency:
Baird & Warner
(954) 854-6742
Listed By:
Connie Barhorst · License #3325003
Source:
Kw
Added: Aug 21, 2025
Changed: Aug 9
Last Checked: Jul 16 at 8:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Baird & Warner
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
663
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
Questions? Ask Rey
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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.
