Courtesy: Realty World Tiffany R.E.
847-395-1010
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.
Courtesy: RE/MAX Plaza
847-596-6100
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!
Courtesy: Coldwell Banker Realty
847-234-8000
Prime 20 Acre Development Opportunity. Gages Lake, Illinois Residential - Commercial - Institutional - Luxury Estate Potential. Introducing a rare and versatile 20 Acre infill parcel in the heart of Lake County offering unmatched flexibility for residential subdivision, mixed-use commercial, Institutional, or private paradise estate development. Property Highlights Size: 20 Acres Structures: 4 Existing Residential Homes (1 building is a duplex with rental income). Zoning: Split Zoning Residential & Commercial. Location: Borders a school and the established 35-home Wooded Glen Subdivision. Features: Central retention pond (ideal for future park/amenity) Utilities: Gas & Electric onsite. Access: High visibility frontage on Gages Lake Road. Development Potential. Residential Subdivision: 30-36 single-family lots (precedent set by adjacent subdivision). Mixed-Use Plan: 4-6 acres commercial frontage + 25-30 residential homes in rear. Institutional/Educational Campus: Charter/private school, religious center, assisted living, or retreat campus. Luxury Compound: Multi-generational gated estate or equestrian property using existing homes. Flexible Zoning reduces rezoning risk. Strategic Location: Adjacency to school ensures strong demand and community integration. Amenity Potential: Retention pond can be enhanced as a visual and recreational centerpiece. A rare, high-demand parcel ideal for developers, institutions, or private paradise estate buyers looking to create something extraordinary! --CONFIRMED SHOWINGS REQUIRED TO VIEW THE PROPERTY-
Courtesy: Coldwell Banker Realty
847-234-8000
Prime 17+ Acre Development Opportunity. Gages Lake, Illinois Residential - Commercial - Institutional - Luxury Estate Potential. Introducing a rare and versatile 17+ acre infill parcel in the heart of Lake County offering unmatched flexibility for residential subdivision, mixed-use commercial, Institutional, or private paradise estate development. Property Highlights Size: 17+ Acres Structures: 3 Existing Residential Homes (1 building is a duplex with rental income). Zoning: Split Zoning Residential & Commercial. Location: Borders a school and the established 35-home Wooded Glen Subdivision. Features: Central retention pond (ideal for future park/amenity) Utilities: Gas & Electric onsite. Access: High visibility frontage on Gages Lake Road. Development Potential. Residential Subdivision: 30-36 single-family lots (precedent set by adjacent subdivision). Mixed-Use Plan: 4-6 acres commercial frontage + 25-30 residential homes in rear. Institutional/Educational Campus: Charter/private school, religious center, assisted living, or retreat campus. Luxury Compound: Multi-generational gated estate or equestrian property using existing homes. Flexible Zoning reduces rezoning risk. Strategic Location: Adjacency to school ensures strong demand and community integration. Amenity Potential: Retention pond can be enhanced as a visual and recreational centerpiece. A rare, high-demand parcel ideal for developers, institutions, or private paradise estate buyers looking to create something extraordinary! --CONFIRMED SHOWINGS REQUIRED TO VIEW THE PROPERTY-
Courtesy: Realty World Tiffany R.E.
847-395-1010
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.
Courtesy: Baird & Warner
847-367-1855
18451 W Route 120, is an extraordinary 21-acre estate surrounded by rolling pastures, forest preserves, and the breathtaking Almond Marsh. Set down a long, picturesque driveway, this one-of-a-kind property feels worlds away from it all, yet you're right in the heart of central Lake County, perfectly positioned between Chicago and Milwaukee. Formerly home to the well-regarded Kennelworth Farms dog boarding business, the facility was thoughtfully designed for top-tier animal care and operated successfully until the pandemic. Today, it stands ready for a visionary buyer to bring it back to life, whether as a high-end boarding business, equestrian center, or multi-use animal rescue campus. Assistance with Financial projections can be prepared for qualified buyers. The state-of-the-art facility includes 72 individual dog runs thoughtfully separated into four boarding pods, each served by its own hospital grade HVAC system providing optimal air quality, disease control, odor management, and stress reduction for the animals. Amenities also include a grooming room, food and medicine storage, a welcoming front office, security camera system, and built-in audio system. Dogs can enjoy both a concrete outdoor run and a grass outdoor play area. With four separate Property Identification Numbers and wide-open land, the potential here is immense. Currently used as a hobby farm, the grounds offer flexibility for equestrian repurposing, animal therapy programs, or transforming into a community hub for animal welfare, rescue, and education. The location and layout are ideal for Humane Society partnerships, youth education programs, or service dog training. A 4-bedroom, 2.5-bath, 2,700 square foot home sits perched on a beautiful bluff overlooking Almond Marsh. While in need of full renovation, the structure offers the opportunity to create a residence that matches the beauty and potential of the land. Properties like this, rich with infrastructure, natural beauty, and purpose-driven potential, are incredibly rare. Bring your vision and make 18451 W Route 120 a destination for animal care, healing, and community impact.
Courtesy: Baird & Warner
847-367-1855
**Prime Commercial Property in the Heart of Downtown Grayslake: 132 Center Street** Located in the vibrant, sought-after downtown area of Grayslake, this exceptionally well-built block building is ready for its next phase. With a long-standing history as an owner-occupied hair salon that has thrived for over 30 years, this space offers great potential for a variety of uses. This property is perfect for those looking to combine work and home life. The front retail space, spanning 1,291 square feet, provides ample room for your business, while the 1,001-square-foot residential space in the back offers an ideal living environment. Enjoy the convenience of running your business from the comfort of your own property. For investors, this building is a great revenue-generating opportunity with a strong chance for significant appreciation. Create cashflow by leasing the commercial and residential spaces together or separately. With Commercial Business zoning, this property supports a wide range of uses, making it adaptable to evolving business or development needs. There is also potential for significant expansion, including the possibility of a four-story renovation. Grayslake is a highly desirable community, conveniently located almost midway between Chicago and Milwaukee. With an above average household income, the area offers a thriving local economy and a growing population eager to support new businesses and developments. This unique property is a must-see for entrepreneurs, investors, or anyone seeking a prime location in a vibrant and growing downtown community. Don't miss your chance to secure a piece of Grayslake's future!
Courtesy: RE/MAX Plaza
847-596-6100
One of the best corner locations in town: Center St and Slusser St.!! Thriving downtown Grayslake situated right in front of a municipal parking lot on a busy corner across the street from restaurants, stores, apartments and condos. Two buildings that were combined years ago and have been used for a variety of purposes including medical office and most recently a local pharmacy. Currently 2,500 SF is vacant and the rest is leased by an attorney who has been there for many years. The property has its own private parking lot for 9 cars. Great opportunity for redevelopment and would be a great location for a restaurant/ bar with two floors and an outdoor dining area. The downtown zoning (CB) allows for up to four stories in height.
Courtesy: RE/MAX Plaza
847-596-6100
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
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.
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.
