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Active
147 S US Highway 45 Grayslake, IL 60030
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Rent
MLS Listing ID 12582946
Year Built 1920
Annual Tax Amount $37,001
Tax Year 2024
Lot Dimensions 235 X 216 X 242 X 215
Property Sub-Type Retail/Stores
Property Description
Classic Red Brick School House retail space. This unique and high profile building on Rt 45 has over 22,000 daily vehicle counts. Large awning leads customers to antique dual stairway with original mosaic tile. Upper level has massive 8 foot high windows for retail display. Original tin ceiling and trim takes visitors back in time. Lower level for additional display or inventory storage. Newer HVAC and roof. Ample parking. Great signage with letter board. Available Summer 2026. Join Foremost Liquors, Cut and Tan, Local Nails, Little Bit of Me and Tangs Chinese Restaurant. Near Walgreens, McDonald's, Burger King, Etc... Ideal for florist, retail, antique mall, resale shop, athletic training, martial arts, etc... Long time florist plans to retire and is willing to sell business, inventory and customer list. Do not disturb tenants or customers. Broker interest. Tenant pays rent and tax/insurance increases over 2025 base year.
Location
State IL
County Lake
Area Gages Lake / Grayslake / Hainesville / Third Lake
Zoning COMMR
Interior
Cooling Central Air
Flooring Carpet, Concrete, Tile
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected
Roof Type Composition
Building
Dwelling Type Retail/Stores
Water Municipal Water
Structure Type Brick

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Robert Frank of Robert E. Frank Real Estate






