Grayslake, IL 60030 147 S US Highway 45

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Presented By: Robert E. Frank Real Estate
  • MLS# 12582946
  • 03/04/2026
  • Request Tour
  • Request Info
  • SQFT • 3,500

Home Details

Classic Red Brick School House retail space. This unique and high profile building on Rt 45 has over 22,000 daily vehicle counts. Large awning leads customers to antique dual stairway with original mosaic tile. Upper level has massive 8 foot high windows for retail display. Original tin ceiling and trim takes visitors back in time. Lower level for additional display or inventory storage. Newer HVAC and roof. Ample parking. Great signage with letter board. Available Summer 2026. Join Foremost Liquors, Cut and Tan, Local Nails, Little Bit of Me and Tangs Chinese Restaurant. Near Walgreens, McDonald's, Burger King, Etc... Ideal for florist, retail, antique mall, resale shop, athletic training, martial arts, etc... Long time florist plans to retire and is willing to sell business, inventory and customer list. Do not disturb tenants or customers. Broker interest. Tenant pays rent and tax/insurance increases over 2025 base year.
Presented By: Robert E. Frank Real Estate

Interior Features for 147 S US Highway 45

Other Interior Features

FlooringCarpet, Concrete, Tile

General for 147 S US Highway 45

Assoc Fee Paid PerNot Applicable
Business TypeRetail
CityGrayslake
Construction MaterialsBrick
CoolingCentral Air
CountyLake
Current UseCommercial
DirectionsFrom State Rt. 120 & State Rt. 45, North on Rt. 45 to Address
ElectricService - 201 to 600 Amps
Gross Income
Leasable Area3500
Lease TypeModified Gross
Lot Size Square Feet48061
MLS AreaGages Lake / Grayslake / Hainesville / Third Lake / Wildwood
Number Of Units Total5
Operating Expense0
PossessionNegotiable
Property TypeCommercial Lease
Property TypeRetail/Stores
RoofComposition
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount37001
Tax Year2024
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Repairs, Scavenger, Sewer
Total Actual Rent3500
TownshipWarren
UtilitiesElectric to Site, Natural Gas Available, Sewer Connected
Year Built1920
ZoningCOMMR

Exterior for 147 S US Highway 45

Foundation DetailsConcrete Perimeter
Frontage TypeUS Highway
Lot Dimensions235 X 216 X 242 X 215
Water SourceMunicipal Water

Additional Details

Price History

Client Care

Price $3,500
MLS#12582946
List Date 03/04/2026
Property Type Commercial
Phone 847.485.2500
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