Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2042 Grand Ave Lindenhurst, IL 60046

    Sponsored
    For Lease
    $15 SF/Yr

    Prime Retail Space: Two Units Available

    Lot size:
    85,311 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Lindenhurst retail center presents two outstanding leasing opportunities. Located at 2042-2144 E Grand Ave, Lake County, this property boasts a total building size of 85,311 square feet situated on a generous 5.75-acre lot. Built in 1973 with masonry construction, the center offers two immediately available spaces. The first space encompasses 2,586 square feet, ideally suited for a restaurant seeking high visibility and foot traffic. Its prime location within a bustling commercial hub ensures excellent exposure. The second space, significantly larger at 5,977 square feet, is perfect for a variety of businesses, including a small to medium-sized gym or fitness center. Both spaces are adaptable and ready for customization to meet specific business requirements. The minimum divisible space is 2,586 square feet, while the maximum contiguous space available is 5,977 square feet. Currently, 8,563 square feet of space is vacant, providing ample opportunity for expansion or multiple tenants. This property offers a unique chance to establish or expand a business in a vibrant and thriving commercial area. Don't miss this opportunity to secure your ideal retail space in this established center.

    Property Features for 2042 Grand Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    85,311 SF
    Total Rate
    106638.75

    Building Details

    Year Built
    1973

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    2,586 SF
    Rate per SF
    $15
    Space
    Available Space 2
    Size
    5,977 SF
    Rate per SF
    $15

    HighLights

    • 85,311 SF retail building in Lake County.
    • Two available spaces: 2,586 SF and 5,977 SF.
    • 5.75‑acre lot.
    • Built in 1973.
    • Masonry construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lindenhurst
    County
    Lake
    State
    Illinois
    Longitude
    -88.0319361
    Latitude
    42.409882

    Nearby Comparable

    • $240 SF/Yr
      4,292 SF

      Lindenhurst Retail Space - Grand Ave

      Prime Lindenhurst retail space, single tenant.
      2030 Grand Ave, Lindenhurst, IL 60046
      View Details
    • Contact for pricing
      44,684 SF

      Vista Medical Office Suites

      Lake County, Class A Medical Office Space
      1025 Red Oak Ln, Lindenhurst, IL 60046
      View Details
    • $13 SF/Yr

      Crossings Plaza Retail Space

      1200 SF retail unit in well-maintained strip center.
      300 N Milwaukee Ave, Lake Villa, IL 60046
      View Details
    • $2,300 /Mo

      Renovated Townhome with Modern Features

      Renovated 2-bedroom, 1.1-bath townhome with modern amenities and open floorplan.
      211 Dogwood Ct, Lindenhurst, IL 60046
      View Details
    • Contact for pricing

      Office Space For Rent

      Office space available for lease in Lindenhurst, Illinois.
      2450 Grass Lk Rd, Lindenhurst, IL 60046
      View Details
    • $10 SF/Yr
      19,200 SF

      Round Lake Beach Retail Center

      Prime Retail Space, 5 Units Available
      2536 Illinois 83, Round Lake Beach, IL 60073
      View Details
    • $18 SF/Yr
      15,000 SF

      Lake Villa Medical Office Space

      Prime medical office suites available. Lake Villa, IL.
      50 Milwaukee Ave, Lake Villa, IL 60046
      View Details
    • Contact for pricing
      28,425 SF

      Sweetwater Crossing Retail Center

      Prime Round Lake Beach Retail Space
      2159-2219 Rte 83, Round Lake Beach, IL 60073
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Crossings Plaza

      1200 SF retail space with existing tenant mix.
      300 N Milwaukee Ave, Lake Villa, IL
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space in Lake Villa

      Retail space available for lease in Lake Villa, Illinois.
      800 Tower Dr, Lake Villa, IL
      View Details
    • $14 SF/Yr
      20,509 SF

      Lake Villa Retail Space Available

      Prime Lake County storefront, multiple units.
      300 Milwaukee Ave, Lake Villa, IL 60046
      View Details
    • Contact for pricing
      809 SF

      Meijer In-Store Retail Space

      809 SF Retail Space in Lake County
      752 Rollins Rd, Round Lake Beach, IL 60073
      View Details

    Nearby Similar for Lease

    • $2,300 /Mo

      Renovated Townhome with Modern Features

      Renovated 2-bedroom, 1.1-bath townhome with modern amenities and open floorplan.
      211 Dogwood Ct, Lindenhurst, IL 60046
      View Details
    • Contact for pricing
      44,684 SF

      Vista Medical Office Suites

      Lake County, Class A Medical Office Space
      1025 Red Oak Ln, Lindenhurst, IL 60046
      View Details
    • $240 SF/Yr
      4,292 SF

      Lindenhurst Retail Space - Grand Ave

      Prime Lindenhurst retail space, single tenant.
      2030 Grand Ave, Lindenhurst, IL 60046
      View Details
    • Contact for pricing

      Office Space For Rent

      Office space available for lease in Lindenhurst, Illinois.
      2450 Grass Lk Rd, Lindenhurst, IL 60046
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Retail Space: Two Units Available
    Where is this retail property located?
    The property is located at 2042 Grand Ave Lindenhurst, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 85,311 SF retail building in Lake County.; Two available spaces: 2,586 SF and 5,977 SF.; 5.75-acre lot.
    Request Owner's contact information
    2042 Grand Ave Lindenhurst, IL 60046
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2042 Grand Ave
    Lindenhurst, IL 60046
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2042 Grand Ave Lindenhurst, IL 60046
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.