Grayslake, IL Office Spaces for Sale

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Round Lake Beach, IL Libertyville, IL Lake Villa, IL Round Lake, IL Lindenhurst, IL Hainesville, IL Gurnee, IL Ingleside, IL

Updated: Oct 2, 2025

Mixed-Use Building with Apartment

33125 N US Highway 45, Grayslake, IL 60030

$495,900

0.29 AC lot

Versatile mixed commercial/residential building with main‑level store fronts/offices plus an upper‑level apartment
Brick construction with central air and a membrane roof
Year built: 1978
Main level includes five store fronts/offices for retail, professional office use, or a mix of both
Upper level has a spacious apartment for owner‑occupancy or rental income

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Updated: Dec 3, 2025

Grayslake Commercial Suites For Sale

33125 N US 45 Highway, Grayslake, IL 60030

$495,900

743 sqft 0.30 AC lot

Two 743 sq ft suites available, suitable for retail or office use.
Gross lease basis with separately metered utilities.
Adequate parking available in front, east, and west of the building.
Property includes 5 office/suites plus a second‑level apartment.
Suites previously used as a family counselor's office.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Grayslake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Unit Retail & Drive-In Site

197 Peterson Road, Libertyville, IL 60048

$1,599,000

0.69 AC lot

Five flexible commercial units with substantial parking and 11 drive-in bays for vehicle-accessible retail or service use.

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Two-Story Office Building For Sale

505 E. Hawley St, Mundelein, IL 60060

$500,000

12,600 sqft

12,600 SF office building with vacancy, great location.

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Office Suite with Elevator Access

1880 W Winchester Road, Libertyville, IL 60048

$259,900

4.39 AC lot

Office suite includes five private offices, reception, kitchen, storage, and two bathrooms in an elevator-served building.

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Single Story Leased Office Building

511 E Hawley St, Mundelein, IL 60060

$199,000

2,364 sqft

2364 SF single-tenant building in Mundelein, Illinois.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Downtown Libertyville Lot

121 West Church Street, Libertyville, IL 60048

Contact for pricing

Rare opportunity to own a lot in downtown Libertyville.

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Mundelein Commercial Development Opportunity

427 E Il Route 83, Mundelein, IL 60060

$349,900

1.00 AC lot

Prime commercial land in Mundelein, seller financing available.

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Commercial Land in Fox Lake

21 Hillside Drive, Fox Lake, IL 60020

$299,900

2.10 AC lot

2 acre commercial land with utilities and road frontage.

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Waukegan Land Development Opportunity

1213 Grand Avenue, Waukegan, IL 60085

$559,000

1.49 AC lot

Prime vacant land for commercial development in Waukegan, Illinois.

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Off-Market Properties in Grayslake, IL

Consider similar Off-Market properties in Grayslake, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

OFFICE BUILDING

99 Us Hwy 45, Grayslake, IL 60030-2201

Value Estimation by Request

600 sqft 0.33 AC lot

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OFFICE BUILDING

1186 Washington St, Grayslake, IL 60030-7960

Unit E1

Value Estimation by Request

9,600 sqft 0.35 AC lot

View details

OFFICE BUILDING

375 Il Rte 83, Grayslake, IL 60030-1669

Value Estimation by Request

2,160 sqft 0.29 AC lot

View details

OFFICE BUILDING

Belvidere Rd, Grayslake, IL 60030

$2,850,000

Estimated value

7,800 sqft 1.36 AC lot

View details

OFFICE BUILDING

30 Slusser St Ste, Grayslake, IL 60030-3662

Unit 1

Value Estimation by Request

2,116 sqft 0.02 AC lot

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OFFICE BUILDING

888 Belvidere Rd Ste, Grayslake, IL 60030-2576

Unit 318

Value Estimation by Request

1,925 sqft 0.04 AC lot

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OFFICE BUILDING

888 Belvidere Rd Ste, Grayslake, IL 60030-2575

Unit 307

Value Estimation by Request

1,925 sqft 0.04 AC lot

View details

OFFICE BUILDING

108 Ctr St, Grayslake, IL 60030-1533

Value Estimation by Request

1,162 sqft 0.08 AC lot

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OFFICE BUILDING

134 Ctr St, Grayslake, IL 60030-3657

$1,220,000

Estimated value

7,410 sqft 0.12 AC lot

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OFFICE BUILDING

34148 Barron Blvd, Grayslake, IL 60030

Value Estimation by Request

784 sqft 0.32 AC lot

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OFFICE BUILDING

888 Belvidere Rd Ste, Grayslake, IL 60030-2575

Unit 306

Value Estimation by Request

1,925 sqft 0.04 AC lot

View details

OFFICE BUILDING

888 Belvidere Rd Ste, Grayslake, IL 60030-2569

Unit 102

Value Estimation by Request

1,625 sqft 0.04 AC lot

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OFFICE BUILDING

1015 Corporate Cir, Grayslake, IL 60030-7813

Value Estimation by Request

7,548 sqft 0.51 AC lot

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OFFICE BUILDING

144 Commerce Dr, Grayslake, IL 60030-7832

$1,610,000

Estimated value

15,540 sqft 1.18 AC lot

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OFFICE BUILDING

33271 Us Hwy 45, Grayslake, IL 60030-2209

$545,000

Estimated value

1,560 sqft 0.26 AC lot

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OFFICE BUILDING

888 Belvidere Rd Ste, Grayslake, IL 60030-2576

Unit 310

Value Estimation by Request

1,925 sqft 0.04 AC lot

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OFFICE BUILDING

256 Commerce Dr, Grayslake, IL 60030-7833

$830,000

Estimated value

11,850 sqft 0.93 AC lot

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MEDICAL CLINIC

1860 Il Rte 83rd Ste, Grayslake, IL 60030-7928

Unit 116

Value Estimation by Request

1,850 sqft 0.21 AC lot

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MEDICAL CLINIC

1203 Il Rte 83, Grayslake, IL 60030-7954

$1,370,000

Estimated value

4,584 sqft 1.14 AC lot

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OFFICE BUILDING

1860 Il Rte 83rd Ste, Grayslake, IL 60030-7928

Unit 123

Value Estimation by Request

2,886 sqft 0.42 AC lot

View details

OFFICE BUILDING

888 Belvidere Rd Ste, Grayslake, IL 60030-2570

Unit 115

Value Estimation by Request

1,625 sqft 0.04 AC lot

View details

OFFICE BUILDING

1860 Il Rte 83rd Ste, Grayslake, IL 60030-7928

Unit 119

Value Estimation by Request

1,850 sqft 0.21 AC lot

View details

Grayslake, IL Office Spaces Market Trends and Statistics

Explore 72 office spaces for sale in Grayslake, IL on our real estate platform. These investment opportunities span a total of 743 square feet of properties for sale, with an estimated market value of $495,900.

Sale prices for office spaces in Grayslake, IL start at $495,900, averaging $495,900, and reaching up to $495,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 36K

Population Growth (5Y) -3.4%

Median Household Income $104,920

College Educated 67.6%

High-Yield Neighborhoods for Investment

Identify Grayslake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60030	$530.6K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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Grayslake, IL Office Spaces for Sale

33125 N US Highway 45, Grayslake, IL 60030

33125 N US 45 Highway, Grayslake, IL 60030

Opportunities in Nearby Cities

197 Peterson Road, Libertyville, IL 60048

505 E. Hawley St, Mundelein, IL 60060

1880 W Winchester Road, Libertyville, IL 60048

511 E Hawley St, Mundelein, IL 60060

Potential Development Sites for Consideration

121 West Church Street, Libertyville, IL 60048

427 E Il Route 83, Mundelein, IL 60060

21 Hillside Drive, Fox Lake, IL 60020

1213 Grand Avenue, Waukegan, IL 60085

Off-Market Properties in Grayslake, IL

99 Us Hwy 45, Grayslake, IL 60030-2201

1186 Washington St, Grayslake, IL 60030-7960

375 Il Rte 83, Grayslake, IL 60030-1669

Belvidere Rd, Grayslake, IL 60030

30 Slusser St Ste, Grayslake, IL 60030-3662

888 Belvidere Rd Ste, Grayslake, IL 60030-2576

888 Belvidere Rd Ste, Grayslake, IL 60030-2575

108 Ctr St, Grayslake, IL 60030-1533

134 Ctr St, Grayslake, IL 60030-3657

34148 Barron Blvd, Grayslake, IL 60030

888 Belvidere Rd Ste, Grayslake, IL 60030-2575

888 Belvidere Rd Ste, Grayslake, IL 60030-2569

1015 Corporate Cir, Grayslake, IL 60030-7813

144 Commerce Dr, Grayslake, IL 60030-7832

33271 Us Hwy 45, Grayslake, IL 60030-2209

888 Belvidere Rd Ste, Grayslake, IL 60030-2576

256 Commerce Dr, Grayslake, IL 60030-7833

1860 Il Rte 83rd Ste, Grayslake, IL 60030-7928

1203 Il Rte 83, Grayslake, IL 60030-7954

1860 Il Rte 83rd Ste, Grayslake, IL 60030-7928

888 Belvidere Rd Ste, Grayslake, IL 60030-2570

1860 Il Rte 83rd Ste, Grayslake, IL 60030-7928

Grayslake, IL Office Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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