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Property profile & analytics

34500 Us-45 Third Lake, IL 60030

  • Retail properties
  • 30,040 SF
Value Estimation
Location Intelligence

Current Use by Public Records

  • Isalis / Jewelry Store / Gift Shop
  • Party City / Party Store / Balloon Store
  • Skunk Funk / Clothing Store / Corporate Campus
  • Carl's Trading Co / Hat Shop
  • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

Property Details for 34500 Us-45

Property size
30,040 SF
Property type
Retail properties

Description

Waterstone Place, a thriving retail center in Lake County, offers two exceptional lease opportunities. The property boasts a total of 30,040 square feet, encompassing fourteen suites within a multiple-tenancy building. Two spaces are currently available: Unit F, a 1,316 square foot open space with one restroom, previously used as an office; and Unit G, a 1,200 square foot raw space. Units F and G can be combined to create a contiguous 2,516 square foot space. The minimum divisible space is 1,169 square feet. The property features a strong tenant mix, including established businesses such as Farmers Insurance, Lou Malnati's Pizzeria, Subway, Dunkin', and Home of the Sparrow, creating a vibrant and high-traffic environment. Ample parking is provided with 132 spaces. The center benefits from high visibility due to prominent monument signage on Route 45. The property is zoned CB - Community Business and is conveniently located just north of Lake County College, ensuring excellent accessibility and exposure. Property taxes are $2.21 per square foot. The building is served by 200 Amp/3-phase power. The cross street is W Washington Street.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Third Lake
County
Lake
State
Illinois
Longitude
-88.0003
Latitude
42.3645
More about this property
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