Grayslake, IL 60030 355 S Il Route 83

$900,000

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Presented By: RE/MAX Suburban
  • MLS# 12339716
  • 04/16/2025
  • Request Tour
  • Request Info
  • SQFT • 16,400

Home Details

Configured as 5 flexible-use units, including a high-end retail showroom, open gym/flex space with 8' drive-in door, and three industrial/auto bays featuring four drive-in doors ranging from 10' to 12'9" and high ceilings. Zoned General Business, allowing for a wide range of uses including retail, automotive, warehousing, storage, and light industrial. Property includes an outdoor loading dock and large rear storage lot. Long-term tenants paying below-market rents offer immediate value-add potential for investors or owner-users.
Presented By: RE/MAX Suburban

General for 355 S Il Route 83

Additional Parcels Y/NNo
Business TypeRetail
CityGrayslake
CoolingWindow Unit(s)
CountyLake
Current UseAutomotive
DirectionsSouth on RT83 past RT 120. Property is on the east side.
ElectricCircuit Breakers
Leasable Area16616
Lot Size Square Feet39404
MLS AreaGages Lake / Grayslake / Hainesville / Third Lake
Net Operating Income999
Number Of Units Total5
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount19610
Tax Year2022
TownshipAvon
Year Built1938
ZoningCOMMR

Exterior for 355 S Il Route 83

Building Area Total16400
Lot Dimensions142 X 265 X 228 X 147

Additional Details

Price History

Client Care

Price $900,000
MLS#12339716
List Date 04/16/2025
Property Type Commercial
Phone 847.485.2500
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