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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.
    View details
    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
    Local Demand available after sign in
    1 active listing matches your search: For sale in Grayslake, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    3-Unit Triplex with Private Laundry
    3-Unit Triplex with Private Laundry

    3807 Main Street, Mchenry, IL 60050

    $539,000
    3 units  2-story  Built 1988  0.2 acres

    Residents handle their own water, heating, and electricity costs.

    In-unit laundry  Balcony/porch
    View details
    Triplex with Private Backyard
    Triplex with Private Backyard

    1980 Howard Avenue, Des Plaines, IL 60018

    $849,000
    Built 1966
    Highway access  Transit access

    Renovated interiors, an added second-floor bedroom, basement storage, and outdoor parking complement the garage.

    Private backyard
    View details
    Brick Triplex with Garage
    Brick Triplex with Garage

    651 Beau Ct, Des Plaines, IL 60016

    $880,000
    3 units  1 building  3-story  Built 1967  brick
    Highway access  Road access  Transit access

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

    Utilities to site  1 x 3BR/2BA  1 x 3BR/1.5BA  1 x 2BR/1BA  Heated flooring  Laundry room
    View details
    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    3807 Main Street, Mchenry, IL 60050

    Contact for pricing
    Built 1988

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

    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

    Duplexes 2
    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

    How Realmo verifies these figures

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