405 Illinois 83 Grayslake, IL 60030
This exceptional 5,200 square foot retail/flex space is located within the Three Roads Center in Grayslake, Illinois, at 405 S Illinois 83, zip code 60030. Situated in Lake County, this property offers a versatile space ideal for a variety of uses, including gyms, fitness centers, places of worship, and various retail businesses. The space is part of a larger 17,200 square foot shopping center with multiple tenants. The unit boasts impressive 12-foot ceilings in the front and 14-foot ceilings in the rear, providing ample vertical space. The space is fully climate-controlled, featuring rooftop heating and air conditioning units for year-round comfort. Four drive-in doors provide convenient access for loading and unloading. This exceptional opportunity presents a low rental rate, as low as $12 per square foot gross. The property's prime location and flexible space make it an attractive option for businesses seeking a high-visibility location in a thriving community. Don't miss this chance to secure this exceptional retail/flex space in Grayslake.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.