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    Grayslake, IL Storefront Properties for Sale

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    Grayslake Corner Location For Sale
    Updated: Mar 18, 2024
    Grayslake Corner Location For Sale

    102-106 Center St, Grayslake, IL 60030

    $599,900
    3,150 sqft
    Prime corner location in downtown Grayslake (Center and Slusser St.)
    Redevelopment opportunity with downtown zoning (CB) allowing up to 4 stories
    Private parking lot with 9 spaces
    High‑traffic location across from restaurants, stores, apartments, and condos
    Existing tenant (attorney) provides immediate income
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    This listing looks promising.

    Here's a quick look at some key insights for

    102-106 Center St, Grayslake, IL 60030

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    • Est. Cap Rate

      5.4%
      NOI ÷ price

    • Est. NOI

      $32K
      Annual

    • Price @ 7% Cap

      $460K
      Suggested
    View Property Analytics
    Mixed-Use Building with Apartment
    Updated: Oct 2, 2025
    Mixed-Use Building with Apartment

    33125 N US Highway 45, Grayslake, IL 60030

    $495,900
    0.29 AC lot
    Versatile mixed commercial/residential building with main‑level store fronts/offices plus an upper‑level apartment
    Brick construction with central air and a membrane roof
    Year built: 1978
    Main level includes five store fronts/offices for retail, professional office use, or a mix of both
    Upper level has a spacious apartment for owner‑occupancy or rental income
    View details
    Renovated Storefront Building on Highway
    Renovated Storefront Building on Highway

    55 N Barron Blvd, Grayslake, IL 60030

    $899,900
    8,380 sqft

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

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 3 Active listings in Grayslake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

    Retail Storefront Property
    Retail Storefront Property

    21 S US Highway 12, Fox Lake, IL 60020

    $399,900
    0.34 AC lot

    For sale retail storefront property zoned COMMR on US Highway 12 in Fox Lake.

    View details
    Four-Unit Mixed-Use Building
    Four-Unit Mixed-Use Building

    21 S US Highway 12, Fox Lake, IL 60020

    $399,900
    0.34 AC lot

    Four-unit mixed-use property with two main-level commercial suites, an efficiency apartment, and rooftop patio.

    View details
    Commercial Building at Signalized Corner
    Commercial Building at Signalized Corner

    1200 N Green Bay Road, Waukegan, IL 60085

    $499,900
    0.31 AC lot

    Freestanding commercial building suited for retail or office use.

    View details
    Waukegan Retail Property with Drive-Thru
    Waukegan Retail Property with Drive-Thru

    919 N Green Bay Rd, Waukegan, IL

    Contact for pricing
    3,129 sqft 1.22 AC lot

    Freestanding retail property with drive-thru in strong transit location.

    View details

    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.

    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
    Rand Road Development Opportunity
    Rand Road Development Opportunity

    20420 N Rand Road, Deer Park, IL 60074

    $2,500,000
    1.94 AC lot

    1.91 AC land with Rand Road frontage near retail.

    View details
    Wonder Lake Commercial Block
    Wonder Lake Commercial Block

    7314 Hancock Drive, Wonder Lake, IL 60097

    $250,000
    0.35 AC lot

    Commercial block with office building and land for sale.

    View details
    Prime Corner Lot in Carpentersville
    Prime Corner Lot in Carpentersville

    Huntley Road lot: 009, Carpentersville, IL 60110

    $550,000
    2.41 AC lot

    2.41 acre corner lot near Randall Road corridor.

    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.

    136 Rear
    Individual retail properties

    136 Rear, Grayslake, IL 60030

    Value Estimation by Request
    12,474 sqft
    View details
    146 Center St
    Individual retail properties

    146 Center St, Grayslake, IL 60030

    Value Estimation by Request
    6,823 sqft
    View details
    102-106 Center St
    Individual retail properties

    102-106 Center St, Grayslake, IL 60030

    Value Estimation by Request
    3,150 sqft
    View details

    Grayslake, IL Storefront Properties Market Trends and Statistics

    Explore 6 storefront properties for sale in Grayslake, IL, showcased through 3 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 $1,499,800.

    Sale prices for retail units in Grayslake, IL start at $599,900, averaging $749,900, and reaching up to $899,900 — 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 13
    Shopping centers 3
    Grocery and convenience 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 $799.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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