1100 Washington St F1 Grayslake, IL 60030-7963
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.