18880 Gages Lake Rd Grayslake, IL 60030
Property profile & analytics
18880 Gages Lake Rd Grayslake, IL 60030
- Warehouses
- 4,500 SF
- 1.00 lot acres
Property ID
US28-1970852
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 18880 Gages Lake Rd
- Year built
- 1987
- Construction
- FRAME
- Lot size
- 1.00 lot acres
- Property size
- 4,500 SF
- Property type
- Warehouses
- APN
- 07-19-302-007
- APU
- 719302007
Description
This exceptional 4,500 square foot commercial space in Grayslake, Illinois, is available for sublease to a single-user tenant. Located at 18880 Gages Lake Road, the property sits on a one-acre lot and offers a versatile layout ideal for a variety of businesses. The building features a spacious interior, perfect for workshops, storage, or office space, depending on the tenant's needs. Amenities include ample outside parking and storage areas, providing convenient access and ample room for inventory or equipment. The interior includes a dedicated office area and a restroom. The building benefits from a recently installed, energy-efficient gas heating system, ensuring comfortable year-round operation. The current owner is seeking a sublease arrangement, and a monthly rent estimate of $12 per square foot is available based on a partial shared use scenario at $3,000 per month. This estimate is provided for informational purposes only and is subject to negotiation. The property's prime location in Grayslake offers excellent accessibility and visibility, making it an attractive option for businesses seeking a functional and well-maintained space. Interested parties are encouraged to inquire for further details and to discuss lease terms. This is a unique opportunity to secure a substantial and well-equipped commercial space in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Grayslake
- County
- Lake
- State
- Illinois
- Longitude
- -88.0014
- Latitude
- 42.3575
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,339
$48,538
$36,892
$85,430
-
$145,629
$110,687
$256,316
