350 Center St
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350 Center St
34,218 SF Industrial Building Grayslake, IL 60030 $1,995,000 ($58/SF)
Investment Highlights
- Approx. 3.17 Acres
- Fire Sprinklers
- Grayslake Business District
- Multiple-Use Options
Executive Summary
Opportunity to own a massive 34,000 sf office/warehouse space for under $60 per square foot. This former glass company manufacturing facility is zoned Limited Industrial. Located in the Grayslake Central Business district on 1.3 acres. The brick/frame 12,000 sf front area was constructed in 1952. This office/loading dock area is sprinkled, has employee washrooms and has AC and gas forced air heat. There is also a large, floored loft area with additional storage. The rear 22,000 sf warehouse is constructed of steel, brick and glass. This clear span structure is 80' wide by 275' long. The addition was done in 2006 with partial concrete flooring and compacted grindings. Multiple existing openings can accommodate large overhead doors. Sellers prefer "as is" sale with some equipment/materials to remain on site. Contact LO for showings.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
---|---|---|
Taxes | $42,456 | $1.24 |
Operating Expenses | - | - |
Total Expenses | $42,456 | $1.24 |
Financial Summary (Actual - 2023)
Taxes | |
---|---|
Annual | $42,456 |
Annual Per SF | $1.24 |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $42,456 |
Annual Per SF | $1.24 |
Property Facts Under Contract
Amenities
- Mezzanine
- Air Conditioning
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Walk Score ®
Very Walkable (72)
PROPERTY TAXES
Parcel Number | 06-26-300-029 | Total Assessment | $361,078 |
Land Assessment | $154,594 | Annual Taxes | $42,456 ($1.24/SF) |
Improvements Assessment | $206,484 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
06-26-300-029
Land Assessment
$154,594
Improvements Assessment
$206,484
Total Assessment
$361,078
Annual Taxes
$42,456 ($1.24/SF)
Tax Year
2023
zoning
Zoning Code | LI (Limited Indistry) |
LI (Limited Indistry) |
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350 Center St
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