888 E Belvidere Road # 415 Grayslake, IL $ 195,000
888 E Belvidere Road # 415
$ 195,000
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888 E Belvidere Road # 415

Grayslake, IL, 60030
$ 195,000
Bedrooms-- Baths-- Sq 40,000

Monthly Estimate*

$ 1,231

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Commercial Property for sale in Grayslake, IL

for $195,000. This 40,000 square foot building was built in 1996 on a lot size of 0.04.

FOR SALE OR LEASE Grayslake industrial condo with 1824 square feet. This well built, brick construction unit has a 10 x 10 overhead door and common, exterior loading dock. The unit has small foyer that leads to a large, open office space. The front office space has large windows overlooking retention ponds to the West. The rear area has existing partitions that can be removed to create a clear span space. The complex houses dozens of successful Grayslake businesses. Uses allowed in the LI zoning include pharmaceutical, machine shop, plastics manufacturing, exterminator, equipment rental, beverage distribution, etc...Great for small business looking to get out of their home garage! The 888 E Belvidere Road Industrial Complex is located at the intersection of Rt. 120 and Atkinson Road. Long term tenant recently vacated. Available immediately. Owner will consider outright sale, lease or lease option. On lock box for easy access.

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Commercial Active

Price

$ 195,000

Property Type

Commercial

Taxes

$ 5,578

Style

Industrial

Lot Size

0.04

Year Built

1996

Town/City

Grayslake

County/Region

Lake

MLS | Web ID

12773995

Features
General
Cooling Central Air
Utilities Electric to Site Natural Gas Available Sewer Connected Water Available
Possession Immediate
Roof Membrane
Zoning INDUS
Construction Materials Brick
Year Built 1996
Electric Service - 201 to 600 Amps Other
Tenant Pays Electricity Heat Scavenger
Stories Count 1
Township Avon
Unit Number 415
Property Subtype Condominium
Tax Year 2025
Current Use Industrial
Gross Income 0
County Lake
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Industrial
Possible Use Commercial Conditional Use Industrial Office
Status New
Directions ROUTE 120 TO ATKINSON NORTH TO ENTRANCE OF 888 E BELVIDERE COMPLEX AND GO TO UNIT 410
City Grayslake
MLS Area Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
Lot Size Square Feet 1825
Tax Annual Amount 5578.87
Additional Parcels Y/N N
Leasable Area 1824
Lease Type Modified Gross
Standard Status Active
Total Actual Rent 1895
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Interior
Flooring Carpet Concrete Varies
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Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 40000
Lot Dimensions 1825
Lot Size Acres 0.04
Frontage Type County Road
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* Excluded Features
List By
Robert E. Frank Real Estate

Broker

robertefrankrealestate@gmail.com;Landman5263@aol.com

Email

Affordability Calculator

$1,696
Per Month
73%
27%
0%
Monthly Principal & Interest
$1,231
Monthly Property Taxes
$465
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/2/2026$195,000 Listed Price

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888 E Belvidere Road # 415, Grayslake, IL, 60030 is a Commercial Property for sale at $195,000 with 40,000 sqft and a lot size of 0.04. 888 E Belvidere Road # 415 was built in 1996. The property's zip code is 60030 which is in Grayslake, IL