147 S US Highway 45, Grayslake, IL 60030
Commercial Property
Built in 1920
1.1acre lot
—— car garage
$——/sqft
Listed 1 month ago
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.
- Listing Status:
- Active
- Data Last Updated:
- April 7, 2026 at 7:18AM
- Listing Office:
- Robert E. Frank Real Estate : 847-356-5263
- Listing Agent:
- Robert Frank : 847-508-5263
- MLS ID:
- 12582946

- Roofing: Composition
- General: Concrete Perimeter
- Road/Access: US Highway
- HOA Amenities: Not Applicable
- Originating MLS: mred
- County: Lake
- Zoning: COMMR
- Current Use: Commercial
- Utilities: Electric to SiteNatural Gas AvailableSewer ConnectedService - 201 to 600 Amps
- Water: Municipal Water
- Source: mred
This listing courtesy of Robert Frank , Robert E. Frank Real Estate
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Woodland Elementary School
17261 W Gages Lake Rd, Grayslake, IL, 60030
Grades 1-3
1.85 miles away
Woodland Junior High School
7000 Washington St, Gurnee, IL, 60031
Grades 6-8
2.15 miles away






