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Listing provided courtesy of @properties CommercialMREDas Distributed by MLSGrid- MLS# 12579927MLS Provider

1276 N Il Route 83Grayslake, IL 60030

Commercial
$18 Active

1276 N Il Route 83 Overview

Time on Site:
121 days
Visits:
0

1,250-2,500sqft retail space on the corner of 83 and Lake Street in Grayslake. Second generation restaurant space with black iron in place, walk in cooler and freezer, and 2 ADA restrooms. 3 Phase power.

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1276 N Il Route 83 Facts & Features

  • Type Commercial

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Net

Building Information

  • Year Built: 1995

Business Information

  • Business Type: Retail
  • Current Use: Commercial

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood

Rent/Lease Information

  • Tenant Pays: Varies by Tenant

Tax Information

  • Tax Annual Amount: $25,472.00
  • Tax Year: 2024

General Information

  • Property Type: Commercial Lease

Interior

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 2500
  • Stories: 1

Unit Information

  • Unit SqFt.: 2500

Exterior

Lot Information

  • Frontage Type: City Street

General Information

  • Number Of Units Total: 3

1276 N Il Route 83 Neighborhood

Community

60030 (Grayslake) Demographics

42
Median Age
1,316
Population Density (per sq. mile)
56%
College Educated
$92,697
Estimated Median Income
11,079
Estimated Total Home Owners
2,861
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1276 N Il Route 83 Market Data

Based on the last 30 days in this zip code

$415,713
Average List Price
$205
Average Price per Square Foot
46
Properties Sold
43
Average Days on Market
124
Properties for Sale
Calculations provided by Reliance Network

1276 N Il Route 83 History

Date Event Value Agent
3/5/2026Source: MRED Status Change
Active
2/28/2026Source: MRED Added to Database
February 28, 2026