2232 E Grand Avenue Lindenhurst, IL $ 1,995,000
2232 E Grand Avenue
$ 1,995,000
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2232 E Grand Avenue

Lindenhurst, IL, 60046
$ 1,995,000
Bedrooms-- Baths-- Sq 10,969

Monthly Estimate*

$ 12,446

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Commercial Property for sale in Lindenhurst, IL

for $1,995,000. This 10,969 square foot building was built in 1987 on a lot size of 1.34245.

Attractive Fully Leased Neighborhood Center Built in 1987 with approximately 180 feet of Frontage on Route 132 at Lighted Intersection of Sand Lake and Route 132. Excellent Tenant Mix Including National Tenant Anchors. Inviting access from Both Sand Lake and Route 132. 34 Customer Parking Spaces in Front of Property with New Lighted Marquee Sign. Back Lot has Ample Parking and EZ Delivery Access. Recent Value Added Improvements Include Parking Lot and Stripping, Marquee Sign, Roof and Tenant Buildout. Income and Expense calculations are accurate. Serious Inquiries Only

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Commercial Active

Price

$ 1,995,000

Property Type

Commercial

Taxes

$ 35,186

Style

Retail

Lot Size

1.34245

Year Built

1987

Town/City

Lindenhurst

County/Region

Lake

MLS | Web ID

12337567

Features
General
Cooling Central Air
Zoning COMMR
Construction Materials Brick
Year Built 1987
Electric Circuit Breakers
Stories Count 1
Township Lake Villa
Tax Year 2023
Gross Income 189554
Business Type Retail
County Lake
Net Operating Income 135230
Operating Expense 19137
Property Type Commercial Sale Retail/Stores
Status Active
Directions Just East of Grand Ave. and Sand Lake Lighted Intersection Between McDonald's and Mobile
City Lindenhurst
Number Of Units Total 6
MLS Area Lake Villa / Lindenhurst
Lot Size Square Feet 58477
Tax Annual Amount 35186
Additional Parcels Y/N N
Leasable Area 10969
Standard Status Active
Cap Rate 6.75
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Exterior
Building Area Total 10969
Lot Dimensions 1.34 ACRES
Frontage Type State Road
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* Excluded Features
List By
Carr Realty, Inc

Broker

Carr.realty@comcast.net

Email

Affordability Calculator

$15,378
Per Month
81%
19%
0%
Monthly Principal & Interest
$12,446
Monthly Property Taxes
$2,932
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/14/2025$1,995,000 Listed Price

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2232 E Grand Avenue, Lindenhurst, IL, 60046 is a Commercial Property for sale at $1,995,000 with 10,969 sqft and a lot size of 1.34245. 2232 E Grand Avenue was built in 1987. The property's zip code is 60046 which is in Lindenhurst, IL