61 Center StGrayslake, IL 60030

Property Details for 61 Center St

Lot size

0.13 AC

Property type

Commercial real estate

APN

06-26-313-006

APU

626313006

Description

This exceptional retail opportunity presents a fully built-out 6,000 square foot daycare space in the vibrant Downtown Grayslake area of Lake County. The property boasts a significant advantage with a rare 3,500 square foot outdoor play area, perfect for a daycare or similar business. Convenient surface-level parking is readily available, a significant benefit in a bustling downtown location. Its prime location offers easy access to Route 120 and the Grayslake Metra train station, ensuring excellent accessibility for both employees and clients. The property is situated amongst a strong mix of local and national tenants along Center Street, contributing to a thriving commercial environment. This location benefits from a high average household income exceeding $127,000, indicating a strong consumer base. This single-tenant retail space represents an excellent opportunity to establish or expand a business in the heart of a prosperous suburban market. The existing daycare build-out significantly reduces initial investment costs and allows for immediate occupancy. The combination of convenient location, ample parking, and a strong demographic profile makes this property an attractive investment. This is a rare opportunity to secure a well-positioned retail space in a desirable downtown setting.

• Alternative Use

  Use

  Valuation

  Residential

  $1,208,216

  Hospitality

  $1,106,719

  Educational

  $920,777

  Medical

  $952,444

  Retail

  $1,432,320

Location Insight

City

Grayslake

County

Lake

State

Illinois

Latitude

42.3438

Longitude

-88.0427

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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