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    102-106 Center St Grayslake, IL 60030
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    Property profile & analytics

    102-106 Center St, Grayslake, IL 60030

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    • Retail properties & Spaces
    • 3,150 SF
    Off-Market

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    Cap Rate Potential
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    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 102-106 Center St

    Year built
    1960
    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    This exceptional retail opportunity presents two buildings totaling 3,150 square feet situated on a high-traffic corner in downtown Grayslake, Illinois (102-106 Center St, 60030). The property boasts a prime location at the intersection of Center and Slusser Streets, directly across from a municipal parking lot and surrounded by restaurants, shops, apartments, and condos, ensuring high foot traffic and visibility. Currently, a portion of the space (approximately 2,500 sq ft) is vacant, while the remaining area is leased to a long-term tenant. The combined buildings, constructed in 1960, offer a unique chance for redevelopment or continued use as a retail space. The property includes a private parking lot with capacity for nine vehicles. The existing zoning (CB) permits up to four stories, opening possibilities for expansion and diverse uses, such as a restaurant or bar with multiple floors and outdoor seating. The asking price is $629,900, translating to $199.97 per square foot. This owner/user investment presents a rare chance to acquire a highly visible and versatile property in a thriving downtown area. The property is vacant except for a long-term tenant occupying a portion of the space. The buildings are one story each.


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    Location Insight

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    City
    Grayslake
    County
    Lake
    State
    Illinois
    Longitude
    -88.0421
    Latitude
    42.3445
    More about this property
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