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    Grayslake, IL
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    Grayslake, IL Retail Properties & Spaces for Sale

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    Mchenry, IL Round Lake, IL Lake Villa, IL Round Lake Beach, IL Lindenhurst, IL Hainesville, IL Johnsburg, IL Libertyville, IL
    8 properties
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    Corner Retail and Office Buildings
    Updated: Apr 30
    Corner Retail and Office Buildings

    102-106 Center Street, Grayslake, IL 60030

    $599,900
    0.14 AC lot
    Brick buildings with central air, built in 1951
    Two buildings combined; currently 2,500 SF vacant while the rest is leased to an attorney
    Private parking lot for 9 cars
    Corner location at Center St and Slusser St in downtown Grayslake
    Downtown zoning (CB) allows up to four stories in height
    View details
    Mixed-Use Building with Five Storefronts
    Updated: Oct 2, 2025
    Mixed-Use Building with Five Storefronts

    33125 N US Highway 45, Grayslake, IL 60030

    $495,900
    0.29 AC lot
    0.2879‑acre lot with brick construction and a membrane roof
    Five storefronts/offices on the main level for retail and/or professional use
    Upper‑level spacious apartment for owner‑occupancy or rental income
    Approximately 10–12 front and side parking spaces
    Central air cooling throughout
    View details
    Auto Repair and Storage Property
    Auto Repair and Storage Property

    34112 N Barron Boulevard, Grayslake, IL 60030

    $449,000

    Auto repair garage with two lifts, four work bays, and ample parking, plus an attached ranch home.

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    Two-Story Storefront Property
    Two-Story Storefront Property

    102-106 Center Street, Grayslake, IL 60030

    Contact for pricing

    Downtown commercial building with private parking, vacant space, and an established office tenant.

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    Renovated Storefront Building on Highway
    Renovated Storefront Building on Highway

    55 N Barron Blvd, Grayslake, IL 60030

    Contact for pricing
    8,380 sqft

    Two-unit storefront building with leases in place and parking.

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    Grayslake Corner Location For Sale
    Grayslake Corner Location For Sale

    102-106 Center St, Grayslake, IL 60030

    Contact for pricing
    3,150 sqft

    Prime corner location in downtown Grayslake with redevelopment potential.

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    Mixed-Use Building with Storefronts
    Mixed-Use Building with Storefronts

    33125 N US Highway 45, Grayslake, IL 60030

    Contact for pricing

    Five ground-level storefronts or offices accompany an upper-level apartment in this mixed commercial and residential property.

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    CIRCLE K NNN Lease
    CIRCLE K NNN Lease

    1805 E Belvidere Rd, Grayslake, IL 60030

    Contact for pricing

    CIRCLE K property with an existing NNN lease.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Grayslake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Strip Mall With Drive-In Bays
    Strip Mall With Drive-In Bays

    197 Peterson Road, Libertyville, IL 60048

    $1,599,000
    0.69 AC lot

    Five-unit commercial property with brick construction, multiple cooling systems, and COMMR zoning.

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    Leased Retail/Office Condo with Windows
    Leased Retail/Office Condo with Windows

    289 Peterson Rd, Libertyville, IL 60048

    Contact for pricing
    3,500 sqft

    Commercial condo unit with a reception area, washroom, kitchenette, and large windows on Peterson Road.

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    Retail Outparcel Center
    Retail Outparcel Center

    6300 Grand Ave, Gurnee, IL 60031

    Contact for pricing

    Fully occupied retail outparcel to Gurnee Mills, positioned on Grand Avenue near Interstate 94 access.

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    Gurnee Town Center Retail Space
    Gurnee Town Center Retail Space

    7105 Grand Avenue, Gurnee, IL 60031

    Contact for pricing

    Dominant power center in Gurnee's regional trade area.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Fenced-Yard Flex Space
    Fenced-Yard Flex Space

    35220 N Il Route 83, Round Lake Beach, IL 60073

    $1,590,000
    1.82 AC lot

    Flex space with office, shop, and secured outdoor yard components.

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    Flex Space with Secure Yard
    Flex Space with Secure Yard

    35220 N Il Route 83, Round Lake Beach, IL 60073

    $1,590,000
    1.82 AC lot

    Industrial improvements include office space, two shops, and a fenced outdoor storage area.

    View details
    Commercial Land on Milwaukee Avenue
    Commercial Land on Milwaukee Avenue

    300 N Milwaukee Avenue, Lake Villa, IL 60046

    $1,850,000

    Corner lot available on Milwaukee Avenue and Cedar Avenue.

    View details
    Mundelein, IL Commercial Land
    Mundelein, IL Commercial Land

    331 Plaza Circle lot: 4, Mundelein, IL 60060

    $286,000
    0.43 AC lot

    Commercial land available in Mundelein, Illinois.

    View details

    Off-Market Properties in Grayslake, IL

    Consider similar Off-Market properties in Grayslake, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    460 Washington St
    RETAIL STORES (PERSONAL SERVICES)

    460 Washington St, Grayslake, IL 60030-7961

    $560,000
    Estimated value
    15,048 sqft 3.42 AC lot
    View details
    1108 Washington St, Unit A5
    RETAIL STORES (PERSONAL SERVICES)

    1108 Washington St, Grayslake, IL 60030-7960

    Unit A5
    Value Estimation by Request
    6,000 sqft 0.28 AC lot
    View details
    1162 Washington St, Unit D5
    RETAIL STORES (PERSONAL SERVICES)

    1162 Washington St, Grayslake, IL 60030-7960

    Unit D5
    Value Estimation by Request
    6,000 sqft 0.28 AC lot
    View details
    1124 Washington St, Unit B5
    RETAIL STORES (PERSONAL SERVICES)

    1124 Washington St, Grayslake, IL 60030

    Unit B5
    Value Estimation by Request
    6,000 sqft 0.28 AC lot
    View details
    1144 Washington St, Unit C5
    RETAIL STORES (PERSONAL SERVICES)

    1144 Washington St, Grayslake, IL 60030-7960

    Unit C5
    Value Estimation by Request
    6,000 sqft 0.28 AC lot
    View details
    140 Ctr St
    RETAIL STORES (PERSONAL SERVICES)

    140 Ctr St, Grayslake, IL 60030-1533

    $445,000
    Estimated value
    4,166 sqft 0.11 AC lot
    View details
    148 Ctr St
    RETAIL STORES (PERSONAL SERVICES)

    148 Ctr St, Grayslake, IL 60030-3633

    $1,485,000
    Estimated value
    3,023 sqft 0.11 AC lot
    View details
    183 Us Hwy 45
    CAR WASH - AUTOMATED

    183 Us Hwy 45, Grayslake, IL 60030-2203

    $1,610,000
    Estimated value
    19,260 sqft 0.35 AC lot
    View details
    33113 Us Hwy 45
    RETAIL STORES (PERSONAL SERVICES)

    33113 Us Hwy 45, Grayslake, IL 60030-2207

    $220,000
    Estimated value
    3,100 sqft 0.28 AC lot
    View details
    130 Il Rte 83
    AUTO REPAIR, GARAGE

    130 Il Rte 83, Grayslake, IL 60030-1620

    $350,000
    Estimated value
    1,645 sqft 2.87 AC lot
    View details
    15 Commerce Dr
    RETAIL STORES (PERSONAL SERVICES)

    15 Commerce Dr, Grayslake, IL 60030-7807

    $2,225,000
    Estimated value
    34,725 sqft 4.36 AC lot
    View details
    957 Belvidere Rd
    FINANCIAL BUILDING

    957 Belvidere Rd, Grayslake, IL 60030-2502

    $6,395,000
    Estimated value
    5,627 sqft 0.97 AC lot
    View details
    831 Belvidere Rd
    RETAIL STORES (PERSONAL SERVICES)

    831 Belvidere Rd, Grayslake, IL 60030-2581

    $20,725,000
    Estimated value
    11,360 sqft 0.92 AC lot
    View details
    885 Belvidere Rd
    RETAIL STORES (PERSONAL SERVICES)

    885 Belvidere Rd, Grayslake, IL 60030-2581

    $20,725,000
    Estimated value
    388 sqft 12.63 AC lot
    View details
    16 Whitney St
    RETAIL STORES (PERSONAL SERVICES)

    16 Whitney St, Grayslake, IL 60030-1546

    $295,000
    Estimated value
    1,300 sqft 0.03 AC lot
    View details
    134 Ctr St
    RETAIL STORES (PERSONAL SERVICES)

    134 Ctr St, Grayslake, IL 60030-3657

    $1,320,000
    Estimated value
    4,860 sqft 0.10 AC lot
    View details

    Grayslake, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Grayslake, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 11,530 square feet of properties for sale, with an estimated market value of $1,544,800.

    Sale prices for stores in Grayslake, IL start at $449,000, averaging $514,933, and reaching up to $599,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 18
    Shopping centers 5
    Auto shops 1
    Automotive properties 1
    Drug stores 1

    Demographics Overview

    Population 36K
    Population Growth (5Y) -3.4%
    Median Household Income $104,920
    College Educated 67.6%

    High-Yield Neighborhoods for Investment

    Identify Grayslake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60030 $473.1K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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