You are browsing as a guest. Register to access key data for free.
Property profile

136 Rear Grayslake, IL 60030

OFF-MARKET
Retail properties & Spaces
12,474 SF

Property summary

AI-generated overview

This 765-square-foot retail space, located at 136 Center Street Unit 136 Rear in Grayslake, IL 60030, is available for lease starting May 1, 2024. Currently occupied by Green Insurance for 20 years, the space is situated in a prime retail district in downtown Grayslake, offering excellent visibility and accessibility. The unit is located at the rear of a 12,474 square foot building, facing a large municipal lot providing ample free parking for customers. Interior features include carpeted floors, decorated drywall and ceilings, flush-mounted lighting fixtures, and individual HVAC control. Two service doors provide convenient access: a rear door leading directly to the municipal parking lot and a side door opening into a common hallway. Shared restrooms are located in the hallway. The space is part of a Class "A" retail-office-mixed use center, anchored by established businesses such as Keller Williams Real Estate, This Old Book Store, Bombshell Beauty Salon, and Canine Clippers. Its location offers proximity to the Metra station and benefits from high foot traffic in a heavily traveled commercial retail corridor. The previous tenant's long-term occupancy speaks to the desirability of this location. This presents a unique opportunity for a business seeking a well-maintained space in a thriving downtown area. The property is a single-tenant space within a larger building and is categorized as street retail.

Property profile

Verified
Property type Retail properties & Spaces
Total area 12,474 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

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 136 Rear?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message