Grayslake, IL 60030 55 Barron Boulevard
$899,900
6 more
Presented By: RE/MAX Plaza
SQFT • 8,380
Home Details
An attractive two unit storefront building that was completely renovated in 2005 and is now fully rented. Currently occupied by Texas Bebe's Quesobarria (restaurant) which recently expanded but has a short term lease. The other space has been a thrift store for many years, and was recently taken over by a new tenant with years of experience called Wild Raspberry Resale. The thrift store space is about 4,800 SF and has two overhead doors. There are two parcels, one of which is a parking lot. Located on a busy state highway in the heart of Grayslake. Great opportunity!
Presented By: RE/MAX Plaza
General for 55 Barron Boulevard
Additional Parcels Y/NYes
Assoc Fee Paid PerNot Applicable
Business TypeRetail
Cap Rate8.5
CityGrayslake
Construction MaterialsConcrete, Block, Cedar
CoolingCentral Air
CountyLake
Current UseCommercial
DirectionsRoute 83 (Barron Blvd.) just north of Center Street
ElectricCircuit Breakers
Electric Expense1000
Fuel Expense
Gross Income113400
Insurance Expense6200
Leasable Area8380
Lease TypeModified Gross
Lot Size Square Feet28800
MLS AreaGages Lake / Grayslake / Hainesville / Third Lake / Wildwood
Net Operating Income80419
Number Of Units Total2
Operating Expense32981
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount21781
Tax Year2024
Tenant PaysAir Conditioning, Electricity, Heat, Janitorial Service, Insurance, Scavenger, Sewer
TownshipAvon
Trash Expense0
Water Sewer Expense0
Year Built1955
ZoningCOMMR
Exterior for 55 Barron Boulevard
Building Area Total8380
Foundation DetailsConcrete Perimeter
Frontage TypeState Road
Lot Dimensions180 X 160
Additional Details
Price History
