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$495,900
Est. payment /mo
5,066 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,066 sqft
Price per Sqft $97
MLS Listing ID 12481766
Year Built 1978
Annual Tax Amount $17,606
Tax Year 2023
Lot Dimensions 60x211
Property Sub-Type Mixed Use
Property Description
Prime Mixed-Use Opportunity on Hwy 45 in Grayslake! Bring your vision to this versatile mixed commercial/residential building in a high-visibility location on busy Hwy 45. The main level offers five store fronts/offices, perfect for retail, professional offices, or a blend of both. The upper level features a spacious apartment, ideal for owner-occupancy or generating additional rental income. This property offers multiple ways to maximize your investment: live on-site and run your own business, lease the entire space, or operate one unit while collecting rent from the others. There's parking for approximately 10-12 vehicles in front and along the sides, making it convenient for tenants and customers alike. Whether you're an entrepreneur looking for a launchpad, an investor seeking a strong income property, or a business owner ready to expand, this property offers the flexibility and location to make it happen.
Location
State IL
County Lake
Area Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
Zoning COMMR
Interior
Cooling Central Air
Flooring Carpet, Concrete, Vinyl
Fireplace N
Exterior
Roof Type Membrane
Building
Dwelling Type Mixed Use
Structure Type Brick
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Listed by Wayne Sobczak of Realty World Tiffany R.E.