Address
146 Center Street, Grayslake, IL
Price
$ 1,399,000
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

Property vs Commercial Average in 60030

Price
AVG $250K
$1.4M
Taxes
AVG $49,803
$26,253
Visits
AVG 133
179
Data Provided by Inside Real Estate®
Year Built
AVG 1986
1951
Walkscore
AVG 56
73
Data Provided by Walkscore® not using MLS data