102-106 Center StGrayslake, IL 60030

Property Details for 102-106 Center St

Year built

1960

Property size (Sq ft)

3,150 SF

Property type

Retail properties

Property subtype

Retail space

Description

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.

Location Insight

City

Grayslake

County

Lake

State

Illinois

Latitude

42.3445

Longitude

-88.0421

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