355 S IL Route 83 - Warehouse FOR SALE


Grayslake, IL 60030
$900,000 USD
847-858-2909
355 S IL Route 83, Grayslake, IL for Sale
$900,000 USD
Warehouse - FOR SALE
1/26
null | Request Cap Rate

NEW


355 S IL Route 83
Grayslake, IL 60030


HIGHLIGHTS

  • Flexible Mixed-Use Layout 5-unit setup with retail, gym/flex, and industrial bays—ideal for multi-tenant or owner-user with diverse space needs.
  • Multiple Drive-In Doors Four drive-in doors (10’–12’9”) and high ceilings across industrial units support auto, warehouse, and flex operations.
  • Zoned General Business Versatile zoning allows retail, auto repair, light industrial, fitness, storage, and more—ideal for mixed-use strategies.
  • Outdoor Loading Dock Rare semi-truck loading dock with additional rear storage yard enhances logistics, access, and tenant appeal.
  • Value-Add Potential Tenants on month-to-month leases paying below market rent—strong upside through lease adjustments or re-tenanting.

OVERVIEW

Configured as 5 flexible-use units, including a high-end retail showroom, open gym/flex space with 8’ drive-in door, and three industrial/auto bays featuring four drive-in doors ranging from 10’ to 12’9” and high ceilings. Zoned General Business, allowing for a wide range of uses including retail, automotive, warehousing, storage, and light industrial. Property includes an outdoor loading dock and large rear storage lot.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$55 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Auto Repair, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1938

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

1

DRIVE INS

5

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.85

LAND SF

37,026

ZONING

General Business

APN/PARCEL ID

06-35-200-038

ASK ABOUT THIS PROPERTY

Jason BittonRemax CommercialMore Info
847-858-2909

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jason BittonRemax CommercialMore Info
847-858-2909

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.