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146 Center Street

Grayslake, IL 60030
  • $1,399,000
  • STATUS: Active
  • ON SITE: 197 Days
  • MLS #: 12122224
UPDATED: 230 min ago
$1,399,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1951
County:
Area:

School Ratings & Info

Description

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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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-08T23:58:15.737 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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146 Center Street Grayslake, IL 60030

  • Price: $1,399,000
  • Status: Active
  • On Site: 197 Days
  • Updated: 230 min ago
  • MLS #: 12122224
0
Beds
0
Baths
0
½ Baths
0.24
Acres
1951
Built
Neighborhood:
Lake
County:
Lake
Area:
Lake
Property Description
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.
Exterior Features

Docks None Exterior Building Type BlockStone Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking 6-12 Spaces Roof MembraneVaries Roof Structure Flat Water Drainage Storm Sewers

Interior Features

Cooling Central Air Flooring TileVaries Heat Ventilation Central Bldg HeatForced AirGas Miscellaneous Inside Multi-TenantPrivate Restroom/sPublic Restroom/s Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Approximate Age Older Building Area Total 6823 Built Before1978 YN Yes Current Use Commercial Electric Circuit Breakers Fire Protection Alarm MonitoredSmoke or Fire Protectors Geographic Locale North Suburban Gross Income 145770 Gross Scheduled Income 145770 Leasable Area 0 Location Central Business DistrictMixed Use Area Mls Actual Status Active Net Operating Income 100332 Number Of Tenants 10 Operating Expense 45438 Ownership Types Limited Liability Corp Possible Use CommercialOffice and ResearchRetail Property Offered For Sale Only Property Sub Type Office Seller Needs New Opportunity Tax Annual Amount 27323 Tax Year 2023 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceTaxesInsuranceRepairs Total Monthly Income 12148 Township Avon Type Office/Tech Utilities Electric to SiteGas to SiteSanitary SewerWater-MunicipalWater to Site Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Robert E. Frank Real Estate: 847-356-5263.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-08T23:58:15.737 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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