Log In/Sign Up
Your email has been sent.
102-106 Center St 3,150 SF 100% Leased Office Building Grayslake, IL 60030 $629,900 ($199.97/SF) 1% Cap Rate
Investment Highlights
- Great corner location
- Excellent zoning
- Solid brick and concrete buildings
Executive Summary
Prime location at the corner of Center and Slusser in thriving downtown Grayslake in front of a municipal parking lot. The village has invested heavily in the downtown area and it has become a popular destination in central Lake County.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$10,980
|
$3.49
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$10,980
|
$3.49
|
| Taxes |
$9,737
|
$3.09
|
| Operating Expenses |
$1,243
|
$0.39
|
| Total Expenses |
$10,980
|
$3.49
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $10,980 |
| Annual Per SF | $3.49 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $10,980 |
| Annual Per SF | $3.49 |
| Taxes | |
|---|---|
| Annual | $9,737 |
| Annual Per SF | $3.09 |
| Operating Expenses | |
|---|---|
| Annual | $1,243 |
| Annual Per SF | $0.39 |
| Total Expenses | |
|---|---|
| Annual | $10,980 |
| Annual Per SF | $3.49 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,150 SF
Building Class
C
Year Built
1960
Price
$629,900
Price Per SF
$199.97
Cap Rate
1%
NOI
$6,299
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,150 SF
Building FAR
0.90
Lot Size
0.08 AC
Zoning
CB - Central Business district which allows up to four stories
Parking
8 Spaces (2.19 Spaces per 1,000 SF Leased)
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Anderson Law Firm
- -
- 600 SF
- $21.00
- Modified Gross
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Anderson Law Firm | - | 600 SF | $21.00 | Modified Gross | - |
Walk Score®
Very Walkable (75)
Property Taxes
| Parcel Numbers | Total Assessment | $93,599 (2024) | |
| Land Assessment | $17,341 (2024) | Annual Taxes | $9,737 ($3.09/SF) |
| Improvements Assessment | $76,258 (2024) | Tax Year | 2023 |
Property Taxes
Parcel Numbers
Land Assessment
$17,341 (2024)
Improvements Assessment
$76,258 (2024)
Total Assessment
$93,599 (2024)
Annual Taxes
$9,737 ($3.09/SF)
Tax Year
2023
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
102-106 Center St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.