Listing provided courtesy of Robert E. Frank Real EstateMREDas Distributed by MLSGrid- MLS# 12669893MLS Provider

115 S US Highway 45Grayslake, IL 60030

Commercial
$1,500 Active

115 S US Highway 45 Overview

Time on Site:
24 days
Visits:
1

Grayslake Route 45 retail/professional office space available. Exposure on State Rt 45 with 23,500 traffic count. This approx. 1,125 sf space will be available August 1 or possibly sooner. Signage on building and on marquee sign/letter board. Gross lease where landlord pays snow removal, lawn maintenance, parking lot maintenance, real estate taxes and building insurance. Tenant pays utilities. Ideal for coffee shop, donut shop, massage therapy, pizza parlor, law office, accounting office, acupuncture, dental, vein therapy, book store, martial arts, etc.. Rear door alley access for material and supply deliveries. Join Tang's, Foremost, Cut and Tan, Local Nails and Lewis Florist at School House Plaza (The southeast corner of Rt 45 and Old Plank Road). Broker interest. Contact broker for showings.

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115 S US Highway 45 Facts & Features

  • Type Commercial

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Gross

Building Information

  • Year Built: 1980

Business Information

  • Business Type: Retail
  • Current Use: Commercial

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
  • Township: Avon

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Repairs, Scavenger, Sewer

Tax Information

  • Tax Annual Amount: $21,515.00
  • Tax Year: 2025

General Information

  • Property Type: Commercial Lease
  • Zoning: COMMR

Interior

General Information

  • Cooling: Central Air
  • Electric: Service - 101 to 200 Amps
  • Flooring: Carpet, Varies
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 1125
  • Stories: 1

Unit Information

  • Unit SqFt.: 1125

Exterior

Lot Information

  • Frontage Type: State Road
  • Lot Size Dimensions: 223 X 22 X 188 X 243 X 200
  • Lot Size Square Feet: 48061

Building Exterior/Construction

  • Construction Materials: Brick, Concrete
  • Roof: Membrane

General Information

  • Number Of Units Total: 6
  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected,Water Available

115 S US Highway 45 Neighborhood

Community

60030 (Grayslake) Demographics

42
Median Age
1,316
Population Density (per sq. mile)
56%
College Educated
$92,697
Estimated Median Income
11,079
Estimated Total Home Owners
2,861
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

115 S US Highway 45 Market Data

Based on the last 30 days in this zip code

$415,713
Average List Price
$205
Average Price per Square Foot
46
Properties Sold
43
Average Days on Market
124
Properties for Sale
Calculations provided by Reliance Network

115 S US Highway 45 History

Date Event Value Agent
6/10/2026Source: MRED Status Change
Active
6/5/2026Source: MRED Added to Database
June 05, 2026