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Property profile & analytics
OFF-MARKET
Investment properties

1100 Washington St F1 Grayslake, IL 60030-7963

15,540 SF 0.43 ac lot Built 2004
Entity Owned ~ Est. High Equity
Property ID
US28-3415039
Property summary
AI-generated overview

This exceptional mixed-use property, Washington Square, offers prime retail and office space for lease in the thriving Grayslake community. Located at the highly visible northeast corner of Washington Street and Lancer Lane, this building boasts 47,861 square feet and benefits from a daily traffic count of 22,300 vehicles on Washington Street. The property features a total of 220 parking spaces, ensuring ample convenience for tenants and their clients. Currently, there are three available suites ranging from 1,040 to 2,200 contiguous square feet, ideal for a variety of businesses. The building, constructed in 1999, is zoned SCB and offers excellent exposure, situated directly across from the College of Lake County, providing a strong and diverse customer base. The surrounding area features a robust residential population of 125,382 within a five-mile radius, with an average household income exceeding $105,000. The property's prominent location and strong demographics make it an attractive opportunity for businesses seeking high visibility and a thriving market. Annual property taxes are $4.90 per square foot. The building also features monument signage on Washington Street. Contact us today to learn more about these exceptional leasing opportunities.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2004
Construction FRAME
Total area 15,540 SF
Lot 0.43 ac (18,774 SF)
APN 06-24-404-124
UPID US28-3415039
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap 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
Washington Square 222 LLC
Washington Square 222 LLC
since 2025
Last sale
$6.0M
6 recorded transactions
2025
$6.0M
2020
Price N/A
2011
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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