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Renovated Office Units with Signage
For Lease
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70 US Highway 45, Grayslake, IL 60030

Renovated office suites offer shared amenities, LED lighting, all-inclusive utilities, and signage options along US Highway 45.

Space Size250 SF - 4,100 SF
Property Size13,851 SF
Days on Market127

Property Features for 70 US Highway 45

General Information

Standard status Active
Size 250 SF - 4,100 SF
Class C
Total Parking Spaces 46
Property subtype Office
Lease Type Full Service

Space & Availability

Space Use Office
Condition Move-in Ready

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Amenities

break room
restrooms
signage opportunities

Building Details

Building Size 13,851 SF
Year Built 1955
Year Renovated 2024
Tenancy Multiple

Spaces For Lease

at 70 US Highway 45 Contact us

201

Size
1,250 SF
Availability
Active
Contact us

206

Size
250 SF
Availability
Active
Contact us

215

Size
4,100 SF
Availability
Active
Contact us

200

Size
800 SF
Availability
Active
Contact us
Listing Agency: Apex Commercial Realty LLC
Listed By: Andrew Prunty · License #471.020524
Source: Crexi
Added: May 1 Changed: Sep 4 Last Checked: Sep 3 at 11:54AM

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 Apex Commercial Realty LLC

Investment Insights

Based on property information with market context.

Office units at 70 US Highway 45 provide newly renovated workspace within the Lake County Farm Bureau Building. The suites and common areas were renovated in 2024, with LED lighting throughout. Shared facilities include a break room and two restrooms, while the lease structure includes utilities; tenants separately handle phone, internet, and janitorial service.

The property sits along the west side of Route 45, 0.25 miles north of Route 120 and approximately 1 mile south of the College of Lake County. Access is available from both northbound and southbound traffic. Signage opportunities include the pylon sign facing Route 45 and the building exterior.

Key Highlights

  • Office suites and common areas renovated in 2024
  • Located at 70 US Highway 45, 0.25 miles north of Route 120
  • Approximately 1 mile south of the College of Lake County

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Law Firm Real Estate Agency Hair Salon

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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

844
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

$16.14 /SF/Yr
Avg Asking Price
$12–$18 /SF/Yr
Price Range

This space is priced 7% below the average of $16.14 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Renovated office suites offer shared amenities, LED lighting, all-inclusive utilities, and signage options along US Highway 45.
Where is this office units located?
The property is located at 70 US Highway 45 Grayslake, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Office suites and common areas renovated in 2024; Located at 70 US Highway 45, 0.25 miles north of Route 120; Approximately 1 mile south of the College of Lake County
More about this property
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