55 N Barron Blvd, Grayslake, IL 60030
For Sale
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This Grayslake retail property, located at 55 Barron Blvd (cross street: Center St.), offers 8,380 square feet in a single-story building constructed in 1955 and renovated in 2005. The property features three suites, with 4,800 square feet currently vacant and available for lease. The minimum divisible space is 3,800 square feet, with a maximum contiguous space of 4,800 square feet. The building boasts almost 50 feet of frontage on busy Route 83 (Barron Blvd.), providing excellent visibility and signage opportunities. Large windows allow for abundant natural light. The space currently operates as a month-to-month thrift shop and includes mostly open floor space, along with two overhead doors ideal for deliveries, storage, or workshop use. The property benefits from its location next to the recently expanded Texas Bebe's Quesobarria restaurant, ensuring high foot traffic. Thirty parking spaces are available for customers and employees. The property is zoned GB and has an APN of 0626402014. This prime retail location offers easy access and ample parking, making it an excellent opportunity for a variety of businesses.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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