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11 S Lake Street Grayslake, IL $ 639,900
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11 S Lake Street
$ 639,900
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11 S Lake Street

Grayslake, IL, 60030
$ 639,900
Bedrooms-- Baths--

Monthly Estimate*

$ 3,940

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Commercial Property for sale in Grayslake, IL

for $639,900. This building was built in 1910 on a lot size of 0.258264.

Rare opportunity to own this spectacular & highly recognized building that offers versatile space on busy corner at signaled intersection in the heart of downtown Grayslake. This prime piece of real estate in a vibrant community is steps from restaurants, shops, entertainment, community festivities/parade and a short ride or bike ride to Metra. This updated property offers the flexibility for retail, office, airbnb, 2 flat, home, or any combination. This very well cared for Victorian, includes 7 Rooms, 2 full Bathrooms, full Kitchen & Kitchenette, Enclosed Porch, fenced yard w/paver brick patio, basement for storage, 2 car detached garage, and parking for 6 vehicles. There's more - New roof on back of building and main roof is in great shape, updated HVAC system, separate gas & electric, newer electrical service, & updated plumbing.

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Commercial Active

Price

$ 639,900

Property Type

Commercial

Taxes

$ 13,039

Style

Lot Size

0.258264

Year Built

1910

Town/City

Grayslake

County/Region

Lake

MLS | Web ID

12584462
Features
General
Cooling Central Air
Possession Closing
Roof Composition
Construction Materials Cedar
Year Built 1910
Electric Circuit Breakers
Stories Count 2
Township Avon
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0
County Lake
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status New
Directions Corner of Lake St & Center St
City Grayslake
Number Of Units Total 2
MLS Area Gages Lake / Grayslake / Hainesville / Third Lake
Lot Size Square Feet 11250
Tax Annual Amount 13039
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Foundation Details Other
Lot Dimensions 75x150
Frontage Type City Street Public Road Signal Intersection
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* Excluded Features
List By
Fulton Grace Realty

Broker

aattiah@fultongrace.com

Email

Affordability Calculator

$5,027
Per Month
78%
22%
0%
Monthly Principal & Interest
$3,940
Monthly Property Taxes
$1,087
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/6/2026$639,900 Listed Price

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11 S Lake Street, Grayslake, IL, 60030 is a Commercial Property for sale at $639,900 with a lot size of 0.258264. 11 S Lake Street was built in 1910. The property's zip code is 60030 which is in Grayslake, IL

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