Rare opportunity to own this spectacular & highly recognized building that offers versatile space on busy corner at signaled intersection in the heart of downtown Grayslake. This prime piece of real estate in a vibrant community is steps from restaurants, shops, entertainment, community festivities/parade and a short ride or bike ride to Metra. This updated property offers the flexibility for retail, office, airbnb, 2 flat, home, or any combination. Separate entrances for Main Level & 2nd Level. This very well cared for Victorian, includes 7 Rooms, 2 full Bathrooms, full Kitchen & Kitchenette, Enclosed Porch, fenced yard w/paver brick patio, basement for storage, 2 car detached garage, and parking for 6 vehicles. There's more - New roof on back of building and main roof is in great shape, updated HVAC system, separate gas & electric, newer electrical service, & updated plumbing.

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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Property Details of 11 South Lake Street

Property Details

Basic Information

Building

Location

Exterior Features

Features

Other Details

Finance

Map Location

Driving Directions

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

4 Sale Realty Advantage LLC