For Sale
$629,900

102-106 Center St Grayslake, IL 60030

Prime Grayslake retail space, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional retail opportunity presents two buildings totaling 3,150 square feet situated on a high-traffic corner in downtown Grayslake, Illinois (102-106 Center St, 60030). The property boasts a prime location at the intersection of Center and Slusser Streets, directly across from a municipal parking lot and surrounded by restaurants, shops, apartments, and condos, ensuring high foot traffic and visibility. Currently, a portion of the space (approximately 2,500 sq ft) is vacant, while the remaining area is leased to a long-term tenant. The combined buildings, constructed in 1960, offer a unique chance for redevelopment or continued use as a retail space. The property includes a private parking lot with capacity for nine vehicles. The existing zoning (CB) permits up to four stories, opening possibilities for expansion and diverse uses, such as a restaurant or bar with multiple floors and outdoor seating. The asking price is $629,900, translating to $199.97 per square foot. This owner/user investment presents a rare chance to acquire a highly visible and versatile property in a thriving downtown area. The property is vacant except for a long-term tenant occupying a portion of the space. The buildings are one story each.

Highlights

  • 3,150 square foot retail property in downtown Grayslake, IL (102-106 Center St, 60030).
  • High-traffic corner location at Center & Slusser Streets, across from municipal parking.
  • Partially vacant (2,500 sq ft vacant); long-term tenant in remaining space.
  • Two single-story buildings, constructed in 1960, offering redevelopment potential.
  • Nine-car private parking lot.
  • CB zoning allows up to four stories.

Property Details for 102-106 Center St

Property type
Retail properties, Retail space
Square Feet
3,150 SF
Year Built
1960
Buildings
2
Stories
1
Units
2

Location Insight

City
Grayslake
County
Lake
State
Illinois
Latitude
42.3444746
Longitude
-88.0420701

FAQs

What type of property is this?
Retail property - Prime Grayslake retail space, high visibility.
Where is the retail property located?
The property is located at 102-106 Center St Grayslake, IL.
What is the asking price?
The asking price for this property is $629,900.
What are key features of this property?
This property features: 3,150 square foot retail property in downtown Grayslake, IL (102-106 Center St, 60030).; High-traffic corner location at Center & Slusser Streets, across from municipal parking.; Partially vacant (2,500 sq ft vacant); long-term tenant in remaining space.
How can I contact the broker?
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102-106 Center St
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