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

    136 Rear Grayslake, IL 60030

    For Lease
    $222 SF/Yr

    765 SF Retail Space, Downtown Grayslake

    Lot size:
    12,474 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 765-square-foot retail space, located at 136 Center Street Unit 136 Rear in Grayslake, IL 60030, is available for lease starting May 1, 2024. Currently occupied by Green Insurance for 20 years, the space is situated in a prime retail district in downtown Grayslake, offering excellent visibility and accessibility. The unit is located at the rear of a 12,474 square foot building, facing a large municipal lot providing ample free parking for customers. Interior features include carpeted floors, decorated drywall and ceilings, flush-mounted lighting fixtures, and individual HVAC control. Two service doors provide convenient access: a rear door leading directly to the municipal parking lot and a side door opening into a common hallway. Shared restrooms are located in the hallway. The space is part of a Class "A" retail-office-mixed use center, anchored by established businesses such as Keller Williams Real Estate, This Old Book Store, Bombshell Beauty Salon, and Canine Clippers. Its location offers proximity to the Metra station and benefits from high foot traffic in a heavily traveled commercial retail corridor. The previous tenant's long-term occupancy speaks to the desirability of this location. This presents a unique opportunity for a business seeking a well-maintained space in a thriving downtown area. The property is a single-tenant space within a larger building and is categorized as street retail.

    Property Features for 136 Rear

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,474 SF
    Total Rate
    230769

    Unit(s) available at that property

    Space
    Rear
    Size
    765 SF
    Rate per SF
    $222

    HighLights

    • 765‑square‑foot retail space available for lease at 136 Center Street Unit 136 Rear, Grayslake, IL 60030, starting May 1, 2024.
    • Located in a prime downtown Grayslake retail district with excellent visibility and accessibility.
    • Situated in a Class "A" retail‑office‑mixed use center, anchored by established businesses.
    • Features carpeted floors, decorated drywall and ceilings, flush‑mounted lighting, and individual HVAC.
    • Offers ample free parking via adjacent municipal lot and convenient access with two service doors and shared restrooms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Grayslake
    County
    Lake
    State
    Illinois
    Longitude
    -88.0411993
    Latitude
    42.3279674

    Nearby Similar for Lease

    • $18 SF/Yr

      Grayslake Office and Storefront Suites

      Office and storefront suites available in Grayslake, Illinois.
      100 S Atkinson Rd, Grayslake, IL 60030
      View Details
    • $18 SF/Yr

      Grayslake Office and Retail Space

      Office suites and storefronts available in Grayslake, Illinois.
      100 S Atkinson Rd, Grayslake, IL 60030
      View Details
    • $18 SF/Yr

      Grayslake Office & Storefront Suites

      Office and storefront suites available in Grayslake, Illinois.
      100 S Atkinson Rd, Grayslake, IL 60030
      View Details
    • $18 SF/Yr

      Grayslake Office and Storefront Suites

      Office and storefront suites available in Grayslake, Illinois.
      100 S Atkinson Rd, Grayslake, IL 60030
      View Details
    • $18 SF/Yr

      Grayslake Office and Retail Suites

      Office and retail suites available in Grayslake, Illinois.
      100 S Atkinson Rd, Grayslake, IL 60030
      View Details
    • $18 SF/Yr

      Grayslake Office & Storefront Suites

      Office and storefront suites available in Grayslake, Illinois.
      100 S Atkinson Rd, Grayslake, IL 60030
      View Details

    FAQs

    What type of property is this?
    Individual retail property - 765 SF Retail Space, Downtown Grayslake
    Where is this individual retail property located?
    The property is located at 136 Rear Grayslake, IL.
    What is the lease rate?
    The lease rate is $222 SF/Yr.
    What are key features of this property?
    This property features: 765-square-foot retail space available for lease at 136 Center Street Unit 136 Rear, Grayslake, IL 60030, starting May 1, 2024.; Located in a prime downtown Grayslake retail district with excellent visibility and accessibility.; Situated in a Class "A" retail-office-mixed use center, anchored by established businesses.
    Request Owner's contact information
    136 Rear Grayslake, IL 60030
    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.
    136 Rear
    Grayslake, IL 60030
    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
    136 Rear Grayslake, IL 60030
    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.