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 Details
Price:
$495,900
MLS #:
MRD12481766
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
gageslakegrayslakehainesvillethirdlakewildwood
Listed Date:
Oct 2, 2025
Total Sq Ft:
5,066
Year Built:
1978
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Carpet, Concrete, Vinyl
Exterior
Construction Materials
Brick
Roof
Membrane
Stories
1
Financial
Tax Year
2023
Taxes
$17,606
Map
Community
- Address33125 N US Highway 45 Grayslake IL
- CityGrayslake
- CountyLake
- Zip Code60030
Market Summary
Current real estate data for Commercial in Grayslake as of Jun 14, 2026
9
Commercial Listed
173
Avg DOM
$1,536,178
Avg List Price
Property Summary
- 33125 N US Highway 45 Grayslake IL is a Commercial for sale in Grayslake, IL, 60030. It is listed for $495,900
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Copyright 2026. All rights reserved.
33125 N US Highway 45
Grayslake, IL


