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

Grayslake, IL, 60030
$ 1,399,000
Baths0.0 Sq 6,823

Monthly Estimate*

$ 9,772

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Studio

Commercial Property for sale in Grayslake, IL

for $1,399,000. This 6,823 square foot building was built in 1951 on a lot size of 0.24.

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.

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Commercial Active

Price

$ 1,399,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 26,253

Style

Commercial

Lot Size

0.24

Year Built

1951

Town/City

Grayslake

County/Region

Lake

MLS | Web ID

11854649

Features
General
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 Office/Tech
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 Y
Leasable Area 0
Days on Market 11
Lease Type N/A
Standard Status Active
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Interior
Flooring Tile Varies
Street Suffix Street
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Exterior
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
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* Excluded Features
List By
Robert E. Frank Real Estate

Broker

robertefrankrealestate@gmail.com; Landman5263@aol.com

Email

Affordability Calculator

$11,960
Per Month
82%
18%
0%
Monthly Principal & Interest
$9,772
Monthly Property Taxes
$2,188
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/8/2023$1,399,000 Listed Price

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146 Center Street, Grayslake, IL, 60030 is a Commercial Property for sale at $1,399,000 with 6,823 sqft and a lot size of 0.24. 146 Center Street is a studio with 0.0 baths and was built in 1951. The property's zip code is 60030 which is in Grayslake, IL