100 Atkinson RdGrayslake, IL 60030

  • Office buildings
  • 43,656 SF
For Lease
$18/SF/YR View listing

Property Details for 100 Atkinson Rd

Year built
1993
Construction
BRICK
Lot size
5.23 AC
Property size (Sq ft)
43,656 SF
Property type
Office buildings
APN
06-26-400-005
APU
626400005

Description

Located in the desirable Pond View Plaza at 100 N Atkinson Rd, Grayslake, IL 60030, this mixed-use center offers a variety of office and retail spaces. Currently, one unit of approximately 300 square feet is immediately available. The property boasts a convenient location on the northwest corner of Atkinson Road and Center Street, providing easy access to downtown Grayslake, Route 83, and Route 120. Its strategic position places it midway between Chicago and Milwaukee, offering a compelling location for businesses seeking a blend of suburban tranquility and proximity to major metropolitan areas. Pond View Plaza is a well-maintained property with units ranging from approximately 300 to 2,750 rentable square feet. The building benefits from new local ownership committed to significant interior and exterior renovations, ensuring a modern and attractive environment. Available units feature functional, move-in ready build-outs. This presents a fantastic opportunity for businesses seeking a well-located, updated space in a thriving suburban community. The property is classified as both traditional office and medical office space, making it suitable for a variety of professional uses. Lake County location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,882,609
    6.5%
    $7,276,254
    7%
    $6,756,522
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,432,096
    Geo Method
    $5,686,194
  • Alternative Use

    Use
    Valuation
    Residential
    $9,022,556
    Hospitality
    $8,264,612
    Educational
    $6,876,060
    Medical
    $7,112,538
    Retail
    $10,696,094

Location Insight

City
Grayslake
County
Lake
State
Illinois
Latitude
42.3454
Longitude
-88.0251
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$58,859
$447,139
$9,523
$456,662
-
$1,341,551
$28,572
$1,370,123

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