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Financial
Distress signals
Property profile

350 Ctr St Grayslake, IL 60030

OFF-MARKET
Manufacturing properties
Property ID
US28-1545271
34,218 SF 1.27 ac lot Built 1952
Last sale Oct 2024 · $400,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Grayslake business opportunity presents a substantial 34,218-square-foot office/warehouse facility situated on a 1.27-acre lot in the central business district. Priced attractively at $1,995,000, this property offers significant value at under $60 per square foot. The property features a unique blend of older and newer construction. The front 12,000-square-foot section, a brick and frame structure built in 1952, houses office space and loading docks. This area includes a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$37k
Tax billed · 2023
Assessed value$361k
Assessed land$155k
Assessed improvement$206k
Effective rate10.14%

Value estimate

· Oct 2026
$680k
$612k – $748k
CAP approach$2.27M
Submarket $/SF estimate$2.15M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$77/SF
County average, outlier-cleaned · 105 recorded sales of this use type
Observed band · Q1–Q3$63 – $105
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant24.7
Auto Repair Shop19.6
Wholesale Shop19.3

Location

350 Ctr St Grayslake, IL 60030-1624
County assessor Recorded deeds · 5 transfers 9 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
888 Belvidere Rd, Grayslake, IL 60030-2572 $230,000 Jul 2025 2,016 SF
125 Hawley, Grayslake, IL 60030-1514 $375,000 Aug 2022 5,820 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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