33125 N US Highway 45, Grayslake, IL 60030
Lake County
Key Facts
Description
Prime Mixed-Use Opportunity on Hwy 45 in Grayslake! Bring your vision to this versatile mixed commercial/residential building in a high-visibility location on busy Hwy 45. The main level offers five store fronts/offices, perfect for retail, professional offices, or a blend of both. The upper level features a spacious apartment, ideal for owner-occupancy or generating additional rental income. This property offers multiple ways to maximize your investment: live on-site and run your own business, lease the entire space, or operate one unit while collecting rent from the others. There's parking for approximately 10-12 vehicles in front and along the sides, making it convenient for tenants and customers alike. Whether you're an entrepreneur looking for a launchpad, an investor seeking a strong income property, or a business owner ready to expand, this property offers the flexibility and location to make it happen.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1978
Stories
1
Living Area
5,066 sq ft
Lot Size
12,541 sq ft
Lot Dimensions
60x211
Zoning
COMMR
Days on Market
207
MLS® Listing#
12481766
Property Features
Cooling
Flooring
Construction
Foundation
Roof
Financial Details
Annual Taxes
$17,606
Tax year 2023
Parcel Number
07303150370000
Directions
From Rte 120 and Rte 45, North on Rte 45 to address on right side of Rte 45
Affordability Calculator
$99,180
Estimated monthly payment
$2,639/mo
Principal $396,720 · Est. interest $553,460 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Grayslake, IL
- $375,862
- Median Listing Price
- 23
- Median Days on Market
- 1,894
- Median Sq Ft
- $190
- Median Price / Sq Ft
- 61
- Active Listings
- This home’s price is 32% above the area median.
- Its price per sq ft is 48% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Grayslake, IL.
Location
- 33125 N US Highway 45, Grayslake, IL 60030
Points of Interest in Grayslake, IL
Showing the Grayslake area map.
Nearby Schools
Prairie Crossing Charter School
Elementary · 1.0 mi away
Tech Campus
Secondary · 1.2 mi away
Gages Lake School
School · 1.2 mi away
Cyd Lash Academy
School · 1.3 mi away
Laremont School
School · 1.3 mi away
Goddard School
School · 1.3 mi away
Frederick School
Secondary · 1.5 mi away
Grayslake School District
School · 1.6 mi away
Grayslake Middle School
Secondary · 1.6 mi away
Connections Day School
School · 1.7 mi away
Woodland Elementary West
Elementary · 1.7 mi away
Champions at Woodland Primary School
Elementary · 1.8 mi away
Woodland Primary School
Elementary · 1.8 mi away
Woodland Elementary
Elementary · 1.9 mi away
Westlake Christian Academy
School · 2.0 mi away
Woodland Middle School
Secondary · 2.1 mi away
Grayslake Community School District 127
Secondary · 2.1 mi away
Grayslake Community High School
Secondary · 2.1 mi away
Woodview School
Elementary · 2.6 mi away
Country Meadows Montessori
Elementary · 2.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1623 Station Park Drive 1623, Grayslake, IL | $350,000 | 3 | 3 | 1,680 |
| 2370 Carillon Drive, Grayslake, IL | $355,000 | 2 | 3 | 1,586 |
| 17931 W Gages Lake Road, Grayslake, IL | $365,000 | 5 | 2 | 1,743 |
| 17976 W Big Oaks Road, Grayslake, IL | $379,900 | 4 | 3 | 1,757 |
| 586 N Garfield Boulevard, Grayslake, IL | $389,000 | 3 | 2 | 1,704 |
| 1845 Watercolor Place, Grayslake, IL | $399,000 | 3 | 3 | 2,667 |
Moving Cost Estimate
EXIT Agents in Grayslake
Listing Courtesy: Realty World Tiffany R.E. - (847) 395-1010
Last Updated: 2025-10-02