Property Attributes
- MLS#11854649
- TypeCommercial
- CountyLAKE
- CityGrayslake
- AreaGages Lake - Grayslake - Hainesville - Third Lake
- Zip60030
- StyleCommercial
- Year Built1951
- Taxes$ 26253
- Price$ 1,399,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6823
- Lot Size10,454 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Trophy Building in vibrant downtown Grayslake! This almost 7,000 square foot building housed the Grayslake Library for decades. The owner remodeled with high end finishes and split the space into multiple office/retail suites. Stroll into the classy main corridor to access the suites. Porcelain tile throughout common area corridor and bathrooms. Great mix of tenants consist of photographer, music teacher, spa, sewing, accounting and insurance with MyEyeDr. as anchor. MyEyeDr expanding space in 2024. NNN multi year leases. Climate controlled with central air and gas forced air. Seller will consider sale/lease back or move your business into seller's office suite. Fully leased building with strong financials available upon request and NDA. Please do not disturb tenants. No FOR SALE signs. Call LO to set up showings.
Price History | |
---|---|
8/8/2023 | Listed $1,399,000 |
General Features
Cooling | Central Air |
---|---|
Utilities | Electric to Site,Gas to Site,Sanitary Sewer,Water-Municipal,Water to Site |
Possession | Closing |
Roof | Membrane,Varies |
Zoning | COMMR |
Construction Materials | Block,Stone |
Year Built | 1951 |
Electric | Circuit Breakers |
Tenant Pays | Air Conditioning,Common Area Maintenance,Electricity,Heat,Janitorial Service,Taxes,Insurance,Repairs |
Stories | 1 |
Township | Avon |
Property SubType | Office |
Tax Year | 2022 |
Current Use | Commercial |
Gross Income | 150000 |
County | Lake |
Net Operating Income | 107740 |
Operating Expense | 42260 |
Property Type | Commercial Sale |
Possible Use | Commercial,Office and Research,Retail |
Status | Active |
Directions | 83 & Center w to address on north side of Center Street (MyEyeDr.) |
City | Grayslake |
MLS Area | Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood |
Lot Size Square Feet | 10433 |
Street Name | Center |
Tax Annual Amount | 26253 |
Additional Parcels Y/N | Yes |
Days on Market | 11 |
Lease Type | N/A |
Standard Status | Active |
Property Type | Office/Tech |
Interior Features
Flooring | Tile,Varies |
---|---|
Street Suffix | Street |
Exterior Features
Foundation Details | Concrete Perimeter |
---|---|
Building Area Total | 6823 |
Lot Dimensions | 69.5 X 150 |
Lot Size Acres | 0.24 |
Frontage Type | City Street |
Exterior | Block,Stone |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool