790 Lake St, Grayslake, IL 60030

This exceptional investment opportunity presents a 7,800 square foot daycare center in Grayslake, Illinois, situated on a 1.039-acre lot. The property, built in 1995 and zoned for General Business, boasts a prime location with excellent visibility and accessibility. Currently occupied by a single, long-term tenant (since 1999) under a NNN lease expiring January 31, 2030, with one additional five-year option remaining. The lease generates a substantial $140,000 annual net income, resulting in a compelling 6.7% cap rate. The daycare center enjoys 100% occupancy and features ample parking (30 spaces). This turnkey investment is ideal for passive income seekers, offering a stable and high-performing asset in a thriving upscale neighborhood, just a two-minute drive from the Grayslake Metra station. The property's strong tenant history and favorable lease terms make it a highly attractive proposition. All offers will be considered.