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Rarely available new freestanding building zoned commercial on IL Route 83 in the heart of Grayslake. The property consists of a commercial building and residence next to each other. The attached residential home has 3 bedrooms, large attic and full partially finished basement. 1 1/2 bathrooms and two laundry locations. Has a nice and quiet back yard. The commercial space has built up offices currently, however it is suitable for a variety of businesses. Has two bathrooms, two entrances and a service door as well. ADA access approved. The commercial building is on trusses, so you can take all the walls down, no support is required in case you want to use it for kindergarten, dance studio or karate training facility. The property is divisible with separate electric, HVAC and gas. Could be used for permanent residence with business attached or for business only. It has very large parking with 24 parking spots. Bring your ideas, make it your own, put your business sign on Rd 83. No association, no rules, no fees, you are your own boss. Triple N lease for 3+ years.

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Listed by Joyce Konnerth of Konnerth Realty Group

Based on information submitted to MRED  as of June 29, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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