2042 Grand Ave, Lindenhurst, IL 60046-9030
This exceptional Lindenhurst retail center presents two outstanding leasing opportunities. Located at 2042-2144 E Grand Ave, Lake County, this property boasts a total building size of 85,311 square feet situated on a generous 5.75-acre lot. Built in 1973 with masonry construction, the center offers two immediately available spaces. The first space encompasses 2,586 square feet, ideally suited for a restaurant seeking high visibility and foot traffic. Its prime location within a bustling commercial hub ensures excellent exposure. The second space, significantly larger at 5,977 square feet, is perfect for a variety of businesses, including a small to medium-sized gym or fitness center. Both spaces are adaptable and ready for customization to meet specific business requirements. The minimum divisible space is 2,586 square feet, while the maximum contiguous space available is 5,977 square feet. Currently, 8,563 square feet of space is vacant, providing ample opportunity for expansion or multiple tenants. This property offers a unique chance to establish or expand a business in a vibrant and thriving commercial area. Don't miss this opportunity to secure your ideal retail space in this established center.
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.