350 Ctr St Grayslake, IL 60030-1624
Property profile & analytics
350 Ctr St Grayslake, IL 60030-1624
- Manufacturing properties
- 34,218 SF
- 1.27 lot acres
Property ID
US28-1545271
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
- Manufacturing properties
Property Details for 350 Ctr St
- Year built
- 1952
- Construction
- BRICK
- Lot size
- 1.27 lot acres
- Property size
- 34,218 SF
- Property type
- Manufacturing properties
- APN
- 06-26-300-029
- APU
- 626300029
Description
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 sprinkler system, employee restrooms, air conditioning, and gas forced-air heat. A large, floored loft area provides additional storage. The rear 22,000-square-foot warehouse, added in 2006, boasts a clear span design measuring 80 feet wide by 275 feet long. Constructed of steel, brick, and glass, this section features partial concrete flooring and compacted grindings. Multiple existing openings are suitable for large overhead doors. The property is zoned Limited Industrial. The sale is offered "as is," with some equipment and materials remaining on-site. This property is ideal for a variety of industrial or manufacturing uses and presents a rare opportunity to acquire a large, well-located facility at a competitive price.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,455,000
- 6.5%
- $2,265,000
- 7%
- $2,105,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,154,000
- AI Estimate
- $2,396,000
Market price range: $2.15M - $3.61MMarket price range: $2.40M - $5.07M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $2,645,000 Current use
- OFFICE BUILDING
- $3,305,000 Change: +25% Conversion: Difficult
- WAREHOUSE, STORAGE
- $2,895,000 Change: +9% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Grayslake
- County
- Lake
- State
- Illinois
- Longitude
- -88.0389
- Latitude
- 42.3453
- 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
$36,630
$154,594
$206,484
$361,078
-
$463,828
$619,514
$1,083,342
