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134-138 Center Street

Grayslake, IL 60030
  • $1,245,000
  • STATUS: Active
  • ON SITE: 377 Days
  • MLS #: 11305226
UPDATED: 38 min ago
$1,245,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Description

NOW FULLY RENTED: Great investment property in downtown Grayslake with steady income and upside potential! Five first floor stores and four big apartments above. Many long term tenants who love the location. Recent price change based on the remodel of two apartments and increased rents! Walking distance to just about everything you need. Municipal parking areas nearby and very little to maintain. Several newer restaurants and breweries up and down the block. It's a great place to live and work which has been driving rents up over the years. Three storefronts face Center and two additional in back on the alley. The apartments are a mixture of 1,2 and 3 bedroom units. There are two PINs and it was originally two buildings that were combined years ago.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2023-01-28T23:57:22.823 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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134-138 Center Street Grayslake, IL 60030

  • Price: $1,245,000
  • Status: Active
  • On Site: 377 Days
  • Updated: 38 min ago
  • MLS #: 11305226
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1958
Built
Neighborhood:
Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
County:
Lake
Area:
Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
Property Description
NOW FULLY RENTED: Great investment property in downtown Grayslake with steady income and upside potential! Five first floor stores and four big apartments above. Many long term tenants who love the location. Recent price change based on the remodel of two apartments and increased rents! Walking distance to just about everything you need. Municipal parking areas nearby and very little to maintain. Several newer restaurants and breweries up and down the block. It's a great place to live and work which has been driving rents up over the years. Three storefronts face Center and two additional in back on the alley. The apartments are a mixture of 1,2 and 3 bedroom units. There are two PINs and it was originally two buildings that were combined years ago.
Exterior Features

Frontage Type City Street

Interior Features

Cooling Central Air Heat Ventilation ElectricForced AirGas Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Building Area Total 12270 Electric Circuit Breakers Fire Protection Fire Extinguisher/SSmoke Or Fire Protectors Gross Income 161700 Insurance Expense 5000 Leasable Area 1944 Mls Actual Status Active Net Operating Income 110898 Operating Expense 50802 Property Offered For Sale Or Rent Property Sub Type Neighborhood Storefront Rental Price 15 Tax Annual Amount 30802 Tax Year 2021 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial Service Township Avon Type Retail/Stores Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max Showcase: 847-596-6100.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2023-01-28T23:57:22.823 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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4112C Fieldstone Road
Champaign IL, 61822