$475,000 3,108 SF

42 N Lake St, Grayslake, IL 60030
View Listing

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?

$17k

Tax billed · 2023

Assessed value$150k

Assessed land$59k

Assessed improvement$91k

Effective rate11.45%

Value estimate

· Nov 2026

$435k

$392k – $479k

AI approach$385k

NOI build-up

Gross scheduled income$47k

Vacancy & credit loss−$1k

Operating expenses−$14k

NOI · 6.69% cap applied$32k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$97/SF

ZIP average, outlier-cleaned · 27 recorded sales of this use type

Observed band · Q1–Q3$61 – $137

Cap rate analysis

How does the asset earn?

6.69%

$32k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

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: Pharmacy

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Pharmacy9.9

Tailor Shop9.5

Grocery Store9.3

42 N Lake St Grayslake, IL 60030

County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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

6 recorded sales · 14 properties nearby

Address Sale price Sold Size

4 Deer Pt Rd, Hainesville, IL 60030-3814 $270,000 May 2025 2,734 SF

375 Il Rte 83, Grayslake, IL 60030-1669 $240,000 May 2025 2,160 SF

30 Slusser St, Grayslake, IL 60030-3662 $140,000 Dec 2024 2,116 SF

1860 Il Rte 83rd, Grayslake, IL 60030-7928 $165,000 Feb 2022 2,886 SF

1 Barron, Grayslake, IL 60030 $1,595,000 Mar 2021 4,035 SF

26 Belvidere, Hainesville, IL 60030-4138 $207,500 Oct 2020 4,568 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

Value Estimation
$395,000

3,417 SF

31745 Alleghany Rd

OFFICE BUILDING

31745 Alleghany Rd, Grayslake, IL 60030-9509

View Details
Value Estimation
$295,000

2,800 SF

783 Barron Blvd

OFFICE BUILDING

783 Barron Blvd, Grayslake, IL 60030-1329

View Details
Value Estimation
$385,000

3,716 SF

243 Harvey Ave

OFFICE BUILDING

243 Harvey Ave, Grayslake, IL 60030-1415

View Details
Value Estimation
$305,000

2,480 SF

161 Ctr St

OFFICE BUILDING

161 Ctr St, Grayslake, IL 60030-1532

View Details
Value Estimation
$695,000

4,598 SF

998 Progress Dr

OFFICE BUILDING

998 Progress Dr, Grayslake, IL 60030-1671

View Details
Value Estimation
$225,000

2,016 SF

33205 Us Hwy 45

OFFICE BUILDING

33205 Us Hwy 45, Grayslake, IL 60030-2209

View Details

Similar Nearby for Sale

$495,900

5,066 SF

Mixed-Use Building with Apartment

Main-level commercial suites are paired with an upper-level residential unit and on-site parking.

33125 N Us Highway 45, Grayslake, IL 60030

View Details
$394,900

0.30 Acres

Office Building with Available Suites

Each unit is separately metered, with parking in front and additional spaces at both ends.

33125 N US 45 Highway, Grayslake, IL 60030

View Details

Similar Nearby for Lease

Sponsored

New

Contact for pricing
1,410 sqft

Serviced Office Space for Rent at IL, Grayslake - N Atkinson Rd. Contact us today to book a tour!

Discover many ways to work your way in Serviced Office Space for Rent at IL, Grayslake - N Atkinson Rd. Contact us today to book a tour!

100 N Atkinson Rd, Unit 106, Grayslake, IL 60030

View Details
Contact for pricing

Renovated Office Units with Signage

Renovated office suites offer shared amenities, LED lighting, all-inclusive utilities, and signage options along US Highway 45.

70 US Highway 45, Grayslake, IL 60030

View Details
$12 SF/Yr

Mixed-Use Office and Storefront Space

Flexible commercial space combines street-level storefronts with elevator-served office suites.

100 S Atkinson Rd Unit 115, Grayslake, IL 60030

View Details
$18 SF/Yr

Storefront Property with Office Suites

Lease options include office suites and storefront space for retail, professional, and service-oriented businesses.

100 S Atkinson Rd Unit 215, Grayslake, IL 60030

View Details
Contact for pricing

Flexible Office Units

Office suites offer shared meeting amenities, parking, and utilities for small business users.

790 Barron Boulevard B, Grayslake, IL 60030

View Details
Contact for pricing

Office Units with Conference Room

Flexible suites provide shared reception, kitchen, conference space, parking, and utilities for small businesses.

790 BARRON Boulevard, Grayslake, IL 60030

View Details