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    OFF-MARKET
    Retail properties & Spaces

    146 Center St, Grayslake, IL 60030

    6,823 SF Built 1951
    Property ID
    Property summary
    AI-generated overview

    This exceptional Class A commercial property, located at 146-148 Center Street in vibrant downtown Grayslake, Illinois (zip code 60030), presents a compelling investment opportunity. The 6,823 square foot building, situated on a 10,433 square foot lot (APN: 06263100180000), is currently 100% occupied by a diverse mix of ten tenants across multiple suites. The property features high-end finishes throughout, including porcelain tile in the common areas and bathrooms. The building boasts a variety of uses, including medical office, storefront, and traditional office spaces, reflecting its adaptability and appeal to a broad tenant base. Tenants represent diverse sectors such as financial, photography, music, spa, sewing, accounting, and insurance, anchored by MyEyeDr. The building benefits from a multi-tenant NNN lease structure, providing long-term stability and predictable income. Climate control is ensured with central air and gas forced air heating. The property includes 12 parking spaces and is zoned CB (Commercial). Built in 1951, this single-story building offers a blend of classic charm and modern upgrades. Detailed financial information is available upon request and execution of a non-disclosure agreement. Serious inquiries only

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1951
    Total area 6,823 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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