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    Historic Grayslake Triplex Investment Opportunity
    Updated: Aug 21, 2025
    Historic Grayslake Triplex Investment Opportunity

    40 S Slusser Street, Grayslake, IL 60030

    $347,000
    Prime location in the heart of downtown Grayslake.
    Converted historic home offering a 3‑unit rental property.
    Features original architectural details such as built‑ins, moldings, and doorknobs.
    Beautiful yard with original stone backyard fireplace and patio.
    Ample parking and storage space with a backyard shed.
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    See hot listings in Grayslake

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Grayslake, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Brick Triplex with Garage
    Brick Triplex with Garage

    651 Beau Ct, Des Plaines, IL 60016

    $880,000

    Three residential units offer varied layouts, private boilers, separate electric meters, and owner-maintained coin laundry.

    View details
    Triplex with Private Laundry Areas
    Triplex with Private Laundry Areas

    3807 Main Street, Mchenry, IL 60050

    $490,000
    0.20 AC lot

    Legal three-unit property with separate laundry areas, driveway parking, and outdoor living spaces.

    View details
    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    3807 Main Street, Mchenry, IL 60050

    Contact for pricing

    Legal three-unit triplex built in 1988 with individual laundry areas and separate tenant responsibility for utilities.

    View details
    Renovated Triplex with Private Yard
    Renovated Triplex with Private Yard

    1980 Howard Avenue, Des Plaines, IL 60018

    Contact for pricing

    Multi-unit property with updated interiors, expanded bedroom space, parking, and basement storage.

    View details

    Grayslake, IL Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Grayslake, IL on our real estate platform.

    Sale prices for three-family homes in Grayslake, IL average $347,000 — 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

    Triplexes 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 $347K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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