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Rarely available new freestanding building zoned commercial on IL Route 83 in the heart of Grayslake could also serve as a large 5+ bedroom single family home OR residential with business! The building is approved for fast food business or offices with residential quarters attached. Large commercial parking lot with 24 spaces. The attached residential home has 3 bedrooms and spacious and very bright attic space, 1.5 bathrooms. 1000sqf partially finished basement. All new structure in 2018, new electric, HVAC with 2 zoned air, electric and gas. Recessed lighting throughout. Building is a vanilla package with offices on the commercial side. Bring your ideas, make it your own. SELLER FINANCING/LAND CONTRACT AVAILABLE!
| DAYS ON MARKET | 36 | LAST UPDATED | 9/3/2025 |
|---|---|---|---|
| YEAR BUILT | 1954 | COMMUNITY | Gages Lake / Grayslake / Hainesville / Third Lake |
| COUNTY | Lake | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Gages Lake / Grayslake / Hainesville / Third Lake |
| BASEMENT | Full, Partially Finished, Yes |
| CONSTRUCTION | Brick, Frame |
| HEAT | Forced Air |
| LOT | 0.34 acre(s) |
| LOT DIMENSIONS | 15000 |
| PARKING | On Site |
| SEWER | Public Sewer |
| TAXES | 9222 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Konnerth Realty Group
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Copyright 2025 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2025.