1860 Illinois 83, Grayslake, IL 60030
This exceptional 1,850-square-foot warehouse space, located at 1860 N Illinois 83, Unit 105 in Grayslake, IL 60030, presents a fantastic opportunity for businesses seeking efficient and versatile industrial space. Built in 2003 and extensively renovated in 2023, this unit boasts a clean, well-maintained interior featuring sealed floors, skylights, painted walls, and a painted roof deck. The high ceilings, measuring approximately 11 feet, provide ample vertical space for storage and operations. The unit includes one 10' x 10' drive-in garage door, offering convenient access for loading and unloading. The space is fully climate-controlled with 100% heat and air conditioning provided by rooftop HVAC units. Safety features include a sprinkler system and fire alarm. Modern LED lighting enhances efficiency and brightness. This property is ideal for warehouse, flex, or other commercial uses. While this listing focuses on the 1,850 square foot Unit 105, adjacent units totaling approximately 3,700 square feet are also available, offering potential for expansion. These larger units feature additional drive-in doors and a built-out office space of approximately 900 square feet. This prime Grayslake location provides easy access to major transportation routes.
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
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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.