132 Center ST Grayslake, IL 60030

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 2,376 sqft

Price per Sqft $231

MLS Listing ID 12218968

Year Built 1954

Annual Tax Amount $8,013

Tax Year 2023

Lot Dimensions 25.5X150X25.5X150

Property Sub-Type Retail/Stores

Property Description

**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!

Location

State IL

County Lake

Area Gages Lake / Grayslake / Hainesville / Third Lake

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

Structure Type Block,Fl Brick/Stn Veneer

Listed by Benjamin Lovinger of Baird & Warner

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106