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Grayslake, IL Office Spaces for Sale

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Mchenry, IL Round Lake Beach, IL Round Lake Park, IL Lake Villa, IL Libertyville, IL Round Lake, IL Lindenhurst, IL Hainesville, IL
Mixed-Use Building with Apartment
Updated: Oct 2, 2025
Mixed-Use Building with Apartment

33125 N US Highway 45, Grayslake, IL 60030

$495,900
0.29 AC lot
Five main‑level storefront or office spaces
Upper‑level apartment within the mixed‑use building
0.2879‑acre site at 33125 N US Highway 45
Parking for approximately 10‑12 vehicles
COMMR zoning
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Office Building with Available Suites
Updated: Dec 3, 2025
Office Building with Available Suites

33125 N US 45 Highway, Grayslake, IL 60030

$495,900
0.30 AC lot
Two available suites, each measuring 743 sq ft
5 office/suite areas plus a second‑level apartment
Brick construction completed in 1978
Central air conditioning
Each unit is separately metered for utilities
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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

33125 N Us Highway 45, Grayslake, IL 60030

$495,900
5,066 sqft

Main-level commercial suites are paired with an upper-level residential unit and on-site parking.

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See hot listings in Grayslake

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Grayslake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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.

Medical Office Condominium with Natural Light
Medical Office Condominium with Natural Light

900 Technology Way Unit 220, Libertyville, IL 60048

$589,000
2,700 sqft

Leased medical suite in a 2010 office building with elevator service and access to major regional roads.

View details
Freestanding Office Property
Freestanding Office Property

6475 Washington Street, Gurnee, IL 60031

$3,150,000
3.75 AC lot

For sale office property on a 3.75-acre lot at Washington Street in Gurnee, IL, offering space for business use.

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Medical Office Condominium
Medical Office Condominium

900 Technology Way, Libertyville, IL 60048

$589,000

Leased healthcare suite with natural light, panoramic views, and access to major roads and medical facilities.

View details
Office Building with Retail Space
Office Building with Retail Space

6021 W. Washington St., Gurnee, IL 60031

Contact for pricing
7,200 sqft

C-2 PUD-zoned property with flexible office and retail space.

View details

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
Prime Downtown Libertyville Lot

121 W Church St Unit 2, Libertyville, IL 60048

$1,500,000
4,500 sqft

Rare opportunity to own a lot in downtown Libertyville.

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Corner Commercial Land
Corner Commercial Land

21 Hillside Drive, Fox Lake, IL 60020

$299,900
2.10 AC lot

Level commercial land with existing curb cuts and water and sewer available to the site.

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Commercial Land with Street Frontage
Commercial Land with Street Frontage

1213 Grand Avenue, Waukegan, IL 60085

$559,000

Vacant commercial parcel with B-2 and B-3 zoning at a signalized intersection near retail, transit, and established neighborhoods.

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Johnsburg, IL Commercial Land
Johnsburg, IL Commercial Land

Johnsburg Road lot: 52, Johnsburg, IL 60050

$350,000
4.46 AC lot

4.46 acre commercial land for sale in Johnsburg, IL.

View details

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.

99 Us Hwy 45
OFFICE BUILDING

99 Us Hwy 45, Grayslake, IL 60030-2201

Estimated value:
$175,000
600 sqft 0.33 AC lot
View details
1186 Washington St, Unit E1
OFFICE BUILDING

1186 Washington St, Grayslake, IL 60030-7960

Unit E1
Estimated value:
$465,000
9,600 sqft 0.35 AC lot
View details
375 Il Rte 83
OFFICE BUILDING

375 Il Rte 83, Grayslake, IL 60030-1669

Estimated value:
$295,000
2,160 sqft 0.29 AC lot
View details
Belvidere Rd
OFFICE BUILDING

Belvidere Rd, Grayslake, IL 60030

Estimated value:
$3,495,000
7,800 sqft 1.36 AC lot
View details
30 Slusser St Ste, Unit 1
OFFICE BUILDING

30 Slusser St Ste, Grayslake, IL 60030-3662

Unit 1
Estimated value:
$140,000
2,116 sqft 0.02 AC lot
View details
888 Belvidere Rd Ste, Unit 318
OFFICE BUILDING

888 Belvidere Rd Ste, Grayslake, IL 60030-2576

Unit 318
Estimated value:
$165,000
1,925 sqft 0.04 AC lot
View details
888 Belvidere Rd Ste, Unit 307
OFFICE BUILDING

888 Belvidere Rd Ste, Grayslake, IL 60030-2575

Unit 307
Estimated value:
$200,000
1,925 sqft 0.04 AC lot
View details
108 Ctr St
OFFICE BUILDING

108 Ctr St, Grayslake, IL 60030-1533

Estimated value:
$175,000
1,162 sqft 0.08 AC lot
View details
134 Ctr St
OFFICE BUILDING

134 Ctr St, Grayslake, IL 60030-3657

Estimated value:
$1,320,000
7,410 sqft 0.12 AC lot
View details
34148 Barron Blvd
OFFICE BUILDING

34148 Barron Blvd, Grayslake, IL 60030

Estimated value:
$220,000
784 sqft 0.32 AC lot
View details
888 Belvidere Rd Ste, Unit 306
OFFICE BUILDING

888 Belvidere Rd Ste, Grayslake, IL 60030-2575

Unit 306
Estimated value:
$190,000
1,925 sqft 0.04 AC lot
View details
888 Belvidere Rd Ste, Unit 102
OFFICE BUILDING

888 Belvidere Rd Ste, Grayslake, IL 60030-2569

Unit 102
Estimated value:
$205,000
1,625 sqft 0.04 AC lot
View details
1015 Corporate Cir
OFFICE BUILDING

1015 Corporate Cir, Grayslake, IL 60030-7813

Estimated value:
$485,000
7,548 sqft 0.51 AC lot
View details
144 Commerce Dr
OFFICE BUILDING

144 Commerce Dr, Grayslake, IL 60030-7832

Estimated value:
$1,610,000
15,540 sqft 1.18 AC lot
View details
33271 Us Hwy 45
OFFICE BUILDING

33271 Us Hwy 45, Grayslake, IL 60030-2209

Estimated value:
$560,000
1,560 sqft 0.26 AC lot
View details
888 Belvidere Rd Ste, Unit 310
OFFICE BUILDING

888 Belvidere Rd Ste, Grayslake, IL 60030-2576

Unit 310
Estimated value:
$175,000
1,925 sqft 0.04 AC lot
View details
256 Commerce Dr
OFFICE BUILDING

256 Commerce Dr, Grayslake, IL 60030-7833

Estimated value:
$850,000
11,850 sqft 0.93 AC lot
View details
1860 Il Rte 83rd Ste, Unit 116
MEDICAL CLINIC

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

Unit 116
Estimated value:
$280,000
1,850 sqft 0.21 AC lot
View details
1203 Il Rte 83
MEDICAL CLINIC

1203 Il Rte 83, Grayslake, IL 60030-7954

Estimated value:
$1,425,000
4,584 sqft 1.14 AC lot
View details
1860 Il Rte 83rd Ste, Unit 123
OFFICE BUILDING

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

Unit 123
Estimated value:
$175,000
2,886 sqft 0.42 AC lot
View details
888 Belvidere Rd Ste, Unit 115
OFFICE BUILDING

888 Belvidere Rd Ste, Grayslake, IL 60030-2570

Unit 115
Estimated value:
$155,000
1,625 sqft 0.04 AC lot
View details

Grayslake, IL Office Spaces Market Trends and Statistics

Explore 72 office spaces for sale in Grayslake, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,066 square feet of properties for sale, with an estimated market value of $1,487,700.

Sale prices for office properties in Grayslake, IL average $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

Office Units 28
Coworking space 3
Office buildings 1

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 $1.1M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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