$650,000
( $273.57Per Sq Foot )
 $3,489 est/mo Sourced by Back At You

132 Center Street , Grayslake, IL 60030

Grayslake, IL 60030

Share with a friend

Description

**Prime Commercial Property in the Heart of Downtown Grayslake: 132 Center Street** Located in the vibrant, sought-after downtown area of Grayslake, this exceptionally well-built block building is ready for its next phase. With a long-standing history as an owner-occupied hair salon that has thrived for over 30 years, this space offers great potential for a variety of uses. This property is perfect for those looking to combine work and home life. The front retail space, spanning 1,291 square feet, provides ample room for your business, while the 1,001-square-foot residential space in the back offers an ideal living environment. Enjoy the convenience of running your business from the comfort of your own property. For investors, this building is a great revenue-generating opportunity with a strong chance for significant appreciation. Create cashflow by leasing the commercial and residential spaces together or separately. With Commercial Business zoning, this property supports a wide range of uses, making it adaptable to evolving business or development needs. There is also potential for significant expansion, including the possibility of a four-story renovation. Grayslake is a highly desirable community, conveniently located almost midway between Chicago and Milwaukee. With an above average household income, the area offers a thriving local economy and a growing population eager to support new businesses and developments. This unique property is a must-see for entrepreneurs, investors, or anyone seeking a prime location in a vibrant and growing downtown community. Don't miss your chance to secure a piece of Grayslake's future!

Details

MLS#12218968
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1954
Days On Site76
Listing Provided ByBaird & Warner | Benjamin Lovinger

Features

SQ Feet2,376
Story(s)1
Units2

Market Activity 60030

The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 MRED. All Rights Reserved.

Request a showing

Request a showing

Loading Form
Listings Checked: 4 minutes ago

Contact

Learn More About This Property

StateIL
CountyLake
CityGrayslake
Zip Code60030
AreaGages Lake | Grayslake | Hainesville | Third Lake | Wildwood
Listing VS Median (in 60030)
Price:
$650,000
low | high
Med:
$313,000
100% of Average
SqFt:
2,376
low | high
Med:
1,132
100% of Average
$ / SqFt:
$274
low | high
Med:
$277
48.927969556945% of Average
On Site:
76
low | high
Med:
214.000000
35.514018691589% of Average
Sourced by Back At You
Listing Updated: December 13, 2024 at 5:48:26 PM PST