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Property profile

146 Center St Grayslake, IL 60030

OFF-MARKET
Retail properties & Spaces
6,823 SF Built 1951

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

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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