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102-106 Center St 3,150 SF 20% Leased Office Building Grayslake, IL 60030 $867,568 CAD ($275.42 CAD/SF) 1% Cap Rate

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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 (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $15,123 $4.80
Other Income - -
Vacancy Loss - -
Effective Gross Income $15,123 $4.80
Taxes $13,411 $4.26
Operating Expenses $1,712 $0.54
Total Expenses $15,123 $4.80
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income (CAD)
Annual $15,123
Annual Per SF $4.80
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $15,123
Annual Per SF $4.80
Taxes (CAD)
Annual $13,411
Annual Per SF $4.26
Operating Expenses (CAD)
Annual $1,712
Annual Per SF $0.54
Total Expenses (CAD)
Annual $15,123
Annual Per SF $4.80
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
3,150 SF
Building Class
C
Year Built
1960
Price
$867,568 CAD
Price Per SF
$275.42 CAD
Cap Rate
1%
NOI
$8,676 CAD
Percent Leased
20%
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
  • $28.92 CAD
  • Modified Gross
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Anderson Law Firm - 600 SF $28.92 CAD Modified Gross -
Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 06-26-310-010
  • 06-26-310-009
Land Assessment
$24,252 CAD (2024)
Improvements Assessment
$106,648 CAD (2024)
Total Assessment
$130,899 CAD (2024)
Annual Taxes
$13,411 CAD ($4.26 CAD/SF)
Tax Year
2023
  • Listing ID: 31244016

  • Date on Market: 2024-03-17

  • Last Updated:

  • Address: 102-106 Center St, Grayslake, IL 60030

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