132 Center Street
Grayslake, IL, 60030
$485,000
Beds
0 Baths
0 SqFt
0 Acres
Add
MLS #MRD12218968 image #0
**Prime Commercial Property in the Heart of Downtown Grayslake: 132 Center Street** Located in the vibrant, sought-after downtown area of Grayslake, this exceptionally well-built block building is ready for its next phase. With a long-standing history as an owner-occupied hair salon that has thrived for over 30 years, this space offers great potential for a variety of uses. This property is perfect for those looking to combine work and home life. The front retail space, spanning 1,291 square feet, provides ample room for your business, while the 1,001-square-foot residential space in the back offers an ideal living environment. Enjoy the convenience of running your business from the comfort of your own property. For investors, this building is a great revenue-generating opportunity with a strong chance for significant appreciation. Create cashflow by leasing the commercial and residential spaces together or separately. With Commercial Business zoning, this property supports a wide range of uses, making it adaptable to evolving business or development needs. There is also potential for significant expansion, including the possibility of a four-story renovation. Grayslake is a highly desirable community, conveniently located almost midway between Chicago and Milwaukee. With an above average household income, the area offers a thriving local economy and a growing population eager to support new businesses and developments. This unique property is a must-see for entrepreneurs, investors, or anyone seeking a prime location in a vibrant and growing downtown community. Don’t miss your chance to secure a piece of Grayslake’s future!

Property Details

Price:
$485,000
MLS #:
MRD12218968
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Other
Neighborhood:
gageslakegrayslakehainesvillethirdlakewildwood
Listed Date:
Dec 1, 2024
Total Sq Ft:
2,376
Year Built:
1954
Gages Lake / Grayslake / Hainesville / Third Lake / WildwoodGageslakegrayslakehainesvillethirdlakewildwood

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Block, Fl Brick/Stn Veneer
Stories
1

Financial

HOA Fee Frequency
Not Applicable
Tax Year
2023
Taxes
$8,014

Map

Community

Market Summary

Current real estate data for Commercial in Grayslake as of Oct 07, 2026
11
Commercial Listed
206
Avg DOM
$1,315,418
Avg List Price

Property Summary

    132 Center Street Grayslake IL is a Commercial for sale in Grayslake, IL, 60030. It is listed for $485,000

Similar Listings Nearby

broker reciprocity
MLS# MRD12676736broker reciprocity
1444 N Nelson Drive
Round Lake, IL

$590,000

4.1 miles away

broker reciprocity
MLS# MRD12729443broker reciprocity
900 Technology Way #220
Libertyville, IL

$589,000

4.2 miles away

broker reciprocity
MLS# MRD12449659broker reciprocity
1400 N Division Street
Pontiac, IL

$510,000

4.0 miles away

broker reciprocity
MLS# MRD12715706broker reciprocity
1828 N ORCHARD Lane
Round Lake Beach, IL

$499,900

3.1 miles away

broker reciprocity
MLS# MRD12717031broker reciprocity
140 E Acre Court
Round Lake Beach, IL

$499,900

3.2 miles away

broker reciprocity
MLS# MRD12717044broker reciprocity
168 E Acre Court
Round Lake Beach, IL

$499,900

3.2 miles away

broker reciprocity
MLS# MRD12712864broker reciprocity
18745 W IL 120 Route
Grayslake, IL

$499,000

2.2 miles away

broker reciprocity
MLS# MRD12481766broker reciprocity
33125 N US Highway 45
Grayslake, IL

$495,900

1.9 miles away

broker reciprocity
MLS# MRD12526918broker reciprocity
33125 N US 45 Highway
Grayslake, IL

$495,900

1.9 miles away

132 Center Street
Grayslake, IL