384 Ivanhoe Road Grayslake, IL ^$ 599,999

384 Ivanhoe Road

^$ 599,999

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384 Ivanhoe Road

Grayslake, IL, 60030

^$ 599,999

Studio Baths0.0

Monthly Estimate*

^$ 4,191

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Studio

Commercial Property for sale in Grayslake, IL

for $599,999. This building was built in 1943 on a lot size of 1.23969.

Don't miss out on this incredible opportunity! This 3-bedroom, 2-bathroom ranch-style home sits on a generous 1.25-acre lot, complemented by an additional five rental houses. Whether you're seeking a lucrative income stream or considering ventures into commercial development, this property offers endless potential. Seize the chance to capitalize on this prime investment opportunity today!

Commercial Active

Price

^$ 599,999

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 8,000

Style

Lot Size

1.23969

Year Built

1943

Town/City

Grayslake

County/Region

Lake

MLS | Web ID

12014863

Features

General

Cooling Central Air

Zoning COMMR

Year Built 1943

Electric Service - 0 to 100 Amps

Tenant Pays Air Conditioning Electricity Heat Scavenger Sewer

Stories 1

Township Avon

Property SubType Mixed Use

Tax Year 2022

Gross Income 74700

County Lake

Insurance Expense 5627

Property Type Commercial Sale Mixed Use

Status Active

Directions Route 83 to Route 120 east to Ivanhoe Rd south to home

City Grayslake

Total Units 6

MLS Area Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood

Lot Size Square Feet 54001

Street Name Ivanhoe

Tax Annual Amount 8000

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Days on Market 29

Standard Status Active

Exterior

Lot Dimensions 54001

Interior

Street Suffix Road

* Excluded Features

List By

Better Homes And Gardens Real Estate Star Homes

Broker

jim@bhgrestarhomes.com

Affordability Calculator

$4,858

Per Month

Monthly Principal & Interest: $4,191
Monthly Property Taxes: $667
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Commerical listings in Grayslake, IL

Average List Price ^$1,178,950

Percent of Sale Price 96%

About Grayslake, IL

21,601 Population

11% Since 2002

^$83,281 Median Income

38.81 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/27/2024	$599,999		Listed Price

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384 Ivanhoe Road, Grayslake, IL, 60030 is a Commercial Property for sale at $599,999 with a lot size of 1.23969. 384 Ivanhoe Road is a studio with 0.0 baths and was built in 1943. The property's zip code is 60030 which is in Grayslake, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/29/2024.

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384 Ivanhoe Road

Commercial Property for sale in Grayslake, IL

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