Grayslake, IL 60030 132 Center Street

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Presented By: Baird & Warner
  • MLS# 12218968
  • 12/01/2024
  • Request Tour
  • Request Info
  • SQFT • 2,376

Home Details

**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!
Presented By: Baird & Warner

General for 132 Center Street

Additional Parcels Y/NNo
CityGrayslake
Construction MaterialsBlock, Fl Brick/Stn Veneer
CoolingCentral Air
CountyLake
Current UseCommercial
DirectionsIL Rte. 120 and Center Street, west on Center to address.
ElectricService - 101 to 200 Amps
Leasable Area2292
Lease TypeN/A
Lot Size Square Feet3825
MLS AreaGages Lake / Grayslake / Hainesville / Third Lake
ModificationTimestamp2025-10-24T12:44:01.590Z
Net Operating Income0
Number Of Units Total2
Property SubtypeOther
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusPrice Change
Stories Count1
Tax Annual Amount8013.5
Tax Year2023
TownshipAvon
Virtual TourClick here
Year Built1954

Exterior for 132 Center Street

Building Area Total2376
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions25.5X150X25.5X150

Additional Details

Price History

Client Care

Price $500,000
MLS#12218968
List Date 12/01/2024
Property Type Commercial
Phone 847.485.2500
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