Grayslake IL Real Estate & Commercial for Sale

13 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
4,702
Status:
Active
MLS#:
12777259
Type:
General Commercial
Lot size:
0.13 Acres
Year built:
1945
A broker reciprocity listing Courtesy: @properties Commercial 312-337-0200
View additional info

ADDITIONAL INFORMATION

Great freestanding masonry commercial restaurant Retail building, In downtown Grayslake, Prime location on bustling Center Street Currently built out as a full modern restaurant and bar with a modern commercial kitchen, Features a Black iron cook area with ANSUL System, Currently leased through September, 2027. At the termination of the lease, all fixtures constructed by Lessee, including but not limited to any bars/counters where alcoholic beverages are served, and any built-in liquor cabinets and exhaust/smoke hoods, but excluding any walk-in coolers, shall at Lessor's option, remain for the benefit of the Lessor. Equipped with an expansive Commercial Kitchen, Industrial Hood, restaurant and Bar space. Guests can enjoy a vibrant atmosphere with a 50-seat dining room, 25 bar seats, Now is your chance to own a stunning, fully built-out/bar/restaurant in the heart of downtown Grayslake C-B Zoning, Building is 4702 SQ FT feet, Lot is 5820 SQ FT, 6400 (VPD) cars pass this location a day. Right near the corner of Center street & Whitney Great Visibility, Great Demographics, Bldg is completely rehabbed, & very well maintained, Updated ADA Men's and Women's Restrooms, Great signage area, classic facade, 14 FT ceilings, 200 amp electric system, very bright, modern lighting, Gas heat, Completely modern updated wiring for computer and phone system, Updated HVAC, Great potential here, Perfect for an owner user, ideal for a variety of commercial uses, Restaurant Bar, Retail, Ghost Kitchen, Professional use Office insurance, Lawyer, Real estate, Medical use, school, adult education center, Area Retailers and business include, First Draft Bar restaurant, Abel's Cantina Whitney Street Diner, Charlies Bar, The Vine - Martini & Wine Bar Romney Brown Candle Company PIN NUMBER - 0626314039 Do not bother tenant, Call listing agent for showing.

Beds:
n/a
Baths:
Sq.Ft.:
40,000
Status:
Active
MLS#:
12773995
Type:
Condo
Lot size:
0.04 Acres
Year built:
1996
A broker reciprocity listing Courtesy: Robert E. Frank Real Estate 847-356-5263
View additional info

ADDITIONAL INFORMATION

FOR SALE OR LEASE Grayslake industrial condo with 1824 square feet. This well built, brick construction unit has a 10 x 10 overhead door and common, exterior loading dock. The unit has small foyer that leads to a large, open office space. The front office space has large windows overlooking retention ponds to the West. The rear area has existing partitions that can be removed to create a clear span space. The complex houses dozens of successful Grayslake businesses. Uses allowed in the LI zoning include pharmaceutical, machine shop, plastics manufacturing, exterminator, equipment rental, beverage distribution, etc...Great for small business looking to get out of their home garage! The 888 E Belvidere Road Industrial Complex is located at the intersection of Rt. 120 and Atkinson Road. Long term tenant recently vacated. Available immediately. Owner will consider outright sale, lease or lease option. On lock box for easy access.

Beds:
n/a
Baths:
Sq.Ft.:
8,380
Status:
Active
MLS#:
12773015
Type:
General Commercial
Lot size:
0.66 Acres
Year built:
1955
A broker reciprocity listing Courtesy: RE/MAX Plaza 847-596-6100
View additional info

ADDITIONAL INFORMATION

An attractive three unit storefront building that was completely renovated in 2005 and well maintained ever since. Currently occupied by Texas Bebe's Quesobarria (restaurant) which recently expanded but has a short term lease. The other space has been a thrift store for many years, and was recently taken over by a new tenant with years of experience called Wild Raspberry Resale. The thrift store space is about 4,800 SF and has two overhead doors. There are two parcels, one of which is a parking lot. Located on a busy state highway in the heart of Grayslake. Great opportunity!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12712864
Type:
General Commercial
Lot size:
4.48 Acres
Year built:
1981
A broker reciprocity listing Courtesy: Re/Max Advantage 847-395-3000
View additional info

ADDITIONAL INFORMATION

Exceptional commercial development opportunity on nearly 4.5 acres with 304 feet of frontage on highly traveled IL Route 120 in Grayslake! Zoned General Business (GB), this prime property offers incredible flexibility for a wide variety of commercial, retail, office, service, or mixed-use possibilities (subject to municipal approval). The property currently features a large existing home, along with a working well and septic system, providing immediate functionality while you finalize development plans. Whether you're looking for temporary office space, a business headquarters, or an interim use before redevelopment, the existing structure offers valuable flexibility. City water and sewer are available for future expansion and development. With outstanding visibility, easy access, and a high daily traffic count, this location offers exceptional exposure for your business or investment. Opportunities with nearly 4.5 acres, 304 feet of highway frontage, flexible General Business zoning, and city utilities available are becoming increasingly rare. Bring your vision and capitalize on one of Grayslake's premier commercial corridors!

Beds:
n/a
Baths:
Sq.Ft.:
2,878
Status:
Active
MLS#:
12689883
Type:
Other
Lot size:
0.31 Acres
Year built:
1964
A broker reciprocity listing Courtesy: Robert E. Frank Real Estate 847-356-5263
View additional info

ADDITIONAL INFORMATION

General Business zoning on State Route 83 in Grayslake. Retired seller is including two auto repair lifts and 4 work bays. Former Hamil's Auto Haus enjoyed a great reputation for auto repair at reasonable prices. GB zoning uses include Auto Service, welding shop, appliance sales/service, medical lab, professional office, restaurant, liquor sales, etc... The 1,800 square foot garage space can also be used for private storage of car collection, boats, jet skis, etc... The approx 1,100 square foot ranch home has 3 bedrooms and two full bathrooms, full kitchen, family and living rooms. Front garage is 8 feet tall and 16 feet wide; great for a small RV or boat! Ample parking. Rear parking area fenced and gated with storage shed/sauna. Two curb cuts on busy Rt 83 with 15,700 car traffic count. Great visibility for small business. Join Walgreens, Kidde Academy, Old National Bank, etc... Close to CLC, downtown Grayslake, LC Forest Preserve. Check/verify with Grayslake Village for your intended use.

Beds:
n/a
Baths:
Sq.Ft.:
3,360
Status:
Active
MLS#:
12648292
Type:
Mixed Use
Lot size:
0.34 Acres
Year built:
1967
A broker reciprocity listing Courtesy: Coldwell Banker Realty 847-362-7300
View additional info

ADDITIONAL INFORMATION

Prime Mixed-Use Opportunity on High-Visibility Route 83 - Flexible Layout with Strong Upside Potential, Located on a signalized corner along highly traveled Route 83 in Grayslake, this freestanding mixed-use property offers exceptional visibility and a unique opportunity for investors, business owners, or owner-occupants seeking a customizable live/work space. The property consists of approximately 3,360 sq ft on an oversized 100' x 150' lot with a 24-space private parking lot, providing excellent accessibility for both residential and commercial use. Currently in a "grey box / vanilla box" condition, the property presents a blank canvas ready for build-out, allowing the next owner to design and finish the space to suit their specific needs and goals. Property Features: Mixed-use configuration with separate commercial and residential spaces Commercial area with clear-span construction for flexible layout options, currently offices are built out Residential unit includes 3 bedrooms, 1.5 bathrooms, and full-height basement Separate Washer/dryer hookup for Commercial & Residential Large windows providing abundant natural light 24-space on-site parking lot Strong street presence with excellent exposure. Recent Improvements: Roof HVAC systems (2 furnaces and 2 A/C units) Plumbing and electrical systems (200 amp service) Windows and parking lot Large front patio. This property offers multiple potential use options, including owner occupancy with on-site business, rental income from one or both units, or a full investment opportunity. Conveniently located in the heart of Grayslake near residential neighborhoods, schools, and local businesses, providing a steady flow of traffic and strong visibility. Building also for lease.

Beds:
n/a
Baths:
Sq.Ft.:
9,165
Status:
Active
MLS#:
12626713
Type:
General Commercial
Lot size:
0.07 Acres
Year built:
1925
A broker reciprocity listing Courtesy: @properties Commercial 312-337-0200
View additional info

ADDITIONAL INFORMATION

Fantastic sale leaseback opportunity in Grayslake, 250 - 266 Center St Grayslake, IL. Well Positioned on a prime corner on Center street and Seymour Ave. The First draft Bar/Restaurant and Entertainment complex is available for purchase on a Sale Leaseback basis, The Owner/Tenant will discuss a 10 year or longer lease on an NNN Schedule, The multi-level restaurant/Bar space building is 9165 SQ Ft, with a full and completely buildout kitchen, Black Iron, Full ANSUL Fire Control System Freezers and food prep/catering areas, All FF&E top Quality, Feature Upper and lower dining areas, outdoor patios, and Upper Level outdoor dining areas. Upper and lower-level Bars with full high-end Buildouts, & Beverage hookups. The expansive second floor is ideal for private events and Large Parties, The building supports a mix of restaurant, entertainment, and Banquet Uses, Absolute top of the Line Buildout, C-B Zoning, Full fire control and Sprinkler System, An Amazing location in the heart of The Downtown Grayslake Shopping District. Located just west of Rt 83. surrounded by established neighborhood retail. An Outstanding investment opportunity benefiting from in-place income Do not Bother the Tenant, Call Listing broker for all showings, Pin Numbers - 0626311006- 0626311007

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12590397
Type:
Mixed Use
Lot size:
17.5 Acres
Year built:
1969
A broker reciprocity listing Courtesy: Coldwell Banker Realty 847-234-8000
View additional info

ADDITIONAL INFORMATION

PUBLIC SEWER AND LAKE MICHIGAN WATER TO SITE Prime Mixed GC and R4 Zoning on this 17+ Acre Development Opportunity. Gages Lake, Illinois Residential - Commercial - Institutional - Located along Gages Lake Road, next to a school and the established Wooded Glen subdivision, this property represents a truly rare infill opportunity in Lake County. The 17+ acre parcel is offered at $3,300,000, with the option to acquire an additional .83-acre parcel featuring a beautiful 2,700+ square foot home, creating a full 18-acre offering for $3,950,000. --CONFIRMED SHOWINGS REQUIRED TO VIEW THE PROPERTY-

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12590636
Type:
General Commercial
Lot size:
17 Acres
Year built:
1969
A broker reciprocity listing Courtesy: Coldwell Banker Realty 847-234-8000
View additional info

ADDITIONAL INFORMATION

PUBLIC SEWER AND LAKE MICHIGAN WATER TO SITE Prime 17+ Acre Development Opportunity. Gages Lake, Illinois Residential - Commercial - Located along Gages Lake Road, next to a school and the established Wooded Glen subdivision, this property represents a truly rare infill opportunity in Lake County. The 17+ acre parcel is offered at $3,300,000, with the option to acquire an additional .83-acre parcel featuring a beautiful 2700+ sq ft home, creating a full 18-acre offering for $3,950,000. --CONFIRMED SHOWINGS REQUIRED TO VIEW THE PROPERTY

Beds:
n/a
Baths:
Sq.Ft.:
5,066
Status:
Active
MLS#:
12526918
Type:
General Commercial
Lot size:
0.3 Acres
Year built:
1978
A broker reciprocity listing Courtesy: Realty World Tiffany R.E. 847-395-1010
View additional info

ADDITIONAL INFORMATION

The property is also offered for sale under listing number 12481766 The property consists of 5 office/suites, plus a second level apartment. Currently available are two 743 sq ft suites, suitable for retail or office. The current suites were formerly a family counselor's office. Neighbors in the the building include a Medical Oxygen supply firm, as well as a Plumbing firm's office. Rental rate is on a Gross lease basis and each unit is separately metered for utilities. Adequate parking in front of the suites, with additional parking on the east and west ends of the building.

Beds:
n/a
Baths:
Sq.Ft.:
8,380
Status:
Active
MLS#:
12522566
Type:
General Commercial
Lot size:
0.66 Acres
Year built:
1955
A broker reciprocity listing Courtesy: RE/MAX Plaza 847-596-6100
View additional info

ADDITIONAL INFORMATION

An attractive two unit storefront building that was completely renovated in 2005 and is now fully rented. Currently occupied by Texas Bebe's Quesobarria (restaurant) which recently expanded but has a short term lease. The other space has been a thrift store for many years, and was recently taken over by a new tenant with years of experience called Wild Raspberry Resale. The thrift store space is about 4,800 SF and has two overhead doors. There are two parcels, one of which is a parking lot. Located on a busy state highway in the heart of Grayslake. Great opportunity!

Beds:
n/a
Baths:
Sq.Ft.:
5,066
Status:
Active
MLS#:
12481766
Type:
Mixed Use
Lot size:
0.29 Acres
Year built:
1978
A broker reciprocity listing Courtesy: Realty World Tiffany R.E. 847-395-1010
View additional info

ADDITIONAL INFORMATION

Prime Mixed-Use Opportunity on Hwy 45 in Grayslake! Bring your vision to this versatile mixed commercial/residential building in a high-visibility location on busy Hwy 45. The main level offers five store fronts/offices, perfect for retail, professional offices, or a blend of both. The upper level features a spacious apartment, ideal for owner-occupancy or generating additional rental income. This property offers multiple ways to maximize your investment: live on-site and run your own business, lease the entire space, or operate one unit while collecting rent from the others. There's parking for approximately 10-12 vehicles in front and along the sides, making it convenient for tenants and customers alike. Whether you're an entrepreneur looking for a launchpad, an investor seeking a strong income property, or a business owner ready to expand, this property offers the flexibility and location to make it happen.

Beds:
n/a
Baths:
Sq.Ft.:
4,500
Status:
Active
MLS#:
12003730
Type:
Business Opportunities
Lot size:
1 Acres
Year built:
1987
A broker reciprocity listing Courtesy: RE/MAX Plaza 847-596-6100
View additional info

ADDITIONAL INFORMATION

Back available for sale at 599,900. Hobbyist, car collector, electrician, plumber etc. Outside parking and storage, office, restroom, new gas heating. Call list broker for details

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Grayslake Real Estate

Grayslake is located in Illinois. Grayslake, Illinois has a population of 20,827. Grayslake is more family-centric than the surrounding county with 41.05% of the households containing married families with children. The county average for households married with children is 36.27%.

The median household income in Grayslake, Illinois is $109,975. The median household income for the surrounding county is $97,127 compared to the national median of $69,021. The median age of people living in Grayslake is 37.7 years.

Grayslake Weather

The average high temperature in July is 82.1 degrees, with an average low temperature in January of 14.3 degrees. The average rainfall is approximately 36.2 inches per year, with 43.2 inches of snow per year.

Grayslake Map

Grayslake Real Estate Market Conditions

  • Median sales price

    $356,000
    14.5%
    change since last quarter
  • # Active listings

    204
    30-day change

Grayslake Schools and Demographics

Education near Grayslake, IL

City County
High School Graduates 96.95 90.81
College Degree - 2 year 6.73 6.49
College Degree - 4 year 59.69 46.32
Graduate Degree 18.82 14.09
Expenditures per Student 24,440 24,440
Students per Teacher 13.6 13.6

Elementary Schools near Grayslake, IL

Grades Students P/T Ratio ZIP
Avon Center Elementary School KG - 04 352 13.2 60073
B J Hooper Elementary School PK - 06 707 18.9 60046
Big Hollow Elementary School 02 - 04 571 18.4 60041
Big Hollow Primary School PK - 01 418 15.4 60041
Diamond Lake Elementary School 02 - 04 332 13.2 60060
Early Childhood Facility PK - PK 0 60073
Fairhaven School PK - 01 307 13.3 60060
Fremont Elementary School PK - 02 788 18.3 60060
Fremont Intermediate School 03 - 05 674 17.3 60060
Gavin Central School PK - 04 502 17.3 60041
Grayslake Early Childhood PK - PK 129 12.9 60030
Indian Hill Elementary School 01 - 05 503 15.7 60073
Lincoln School PK - PK 174 17.4 60060
Meadowview School KG - 04 378 14.8 60030
Mechanics Grove Elementary School 03 - 05 523 14.5 60060
Oakland Elementary School 02 - 05 456 15.6 60046
Olive C Martin School KG - 06 665 18.9 60046
Park East School KG - 04 485 16.7 60073
Pleviak Elementary School KG - KG 522 27.4 60046
Prairie Crossing Charter School KG - 08 395 15.6 60030
Prairieview School PK - 04 372 15.2 60030
Raymond Ellis Elementary School 01 - 05 748 16.6 60073
Round Lake Beach Elementary School 01 - 05 486 14.5 60073
Village Elementary School PK - 05 430 17.6 60073
W J Murphy Elementary School 01 - 05 601 16 60073
Washington Elementary School KG - 02 527 13.1 60060
William L Thompson School PK - 06 688 18.5 60046
Woodland Elementary School 01 - 03 1,852 13.4 60030
Woodland Primary School PK - KG 678 15.9 60030
Woodview School KG - 04 435 16.7 60030

Middle Schools near Grayslake, IL

Grades Students P/T Ratio ZIP
Big Hollow Middle School 05 - 08 796 20.3 60041
Carl Sandburg Middle School 06 - 08 608 14.3 60060
Frederick School 05 - 06 674 16.1 60030
Fremont Junior High/Middle School 06 - 08 724 14.6 60060
Gavin South Junior High School 05 - 08 357 13.7 60041
Grayslake Middle School 07 - 08 725 15.6 60030
Joseph J Pleviak Elementary School KG - 06 518 18.7 60046
Magee Middle School 06 - 08 701 13.9 60073
Millburn Middle School 06 - 08 547 17.1 60046
Park West School 05 - 08 369 15.3 60073
Peter J Palombi School 07 - 08 686 17.3 60046
Round Lake Middle School 06 - 08 962 14.3 60073
West Oak Middle School 05 - 08 432 11.8 60060

High Schools near Grayslake, IL

Grades Students P/T Ratio ZIP
Allendale School 09 - 12 44 6.3 60046
Gateway School 09 - 12 14 17.5 60046
Grayslake Central High School 09 - 12 1,461 15.7 60030
Grayslake North High School 09 - 12 1,571 15.5 60030
Lakes Community High School 09 - 12 1,412 16 60046
Mundelein Cons High School 09 - 12 2,067 17.4 60060
Round Lake Senior High School 08 - 12 2,103 15.3 60073
Round Lake Transition Center 12 - 12 10 5 60073

Ungraded Schools near Grayslake, IL

Grades Students P/T Ratio ZIP
* Lake County Collaborative ALOP 07 - 12 0 60030
Laremont School PK - 12 143 4.2 60030
Sedol Sector Programs 02 - 12 6 0.1 60030

Demographics near Grayslake, IL

City County
Neighborhood Type Suburban
Population 20,827 714,484
Population Density 1,896 1,609
Median Age 37.7 38.5
People per Household 2.7 2.8
Median Household Income 109,975 97,127
Average Income per Capita 50,354 49,440

Real estate near Grayslake