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147 US Highway 45
Grayslake, IL 60030
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About this home
Classic Red Brick School House retail space. This unique and high profile building on Rt 45 has over 22,000 daily vehicle counts. Large awning leads customers to antique dual stairway with original mosaic tile. Upper level has massive 8 foot high windows for retail display. Original tin ceiling and trim takes visitors back in time. Lower level for additional display or inventory storage. Newer HVAC and roof. Ample parking. Great signage with letter board. Available Summer 2026. Join Foremost Liquors, Cut and Tan, Local Nails, Little Bit of Me and Tangs Chinese Restaurant. Near Walgreens, McDonald's, Burger King, Etc... Ideal for florist, retail, antique mall, resale shop, athletic training, martial arts, etc... Long time florist plans to retire and is willing to sell business, inventory and customer list. Do not disturb tenants or customers. Broker interest. Tenant pays rent and tax/insurance increases over 2025 base year.
MLS Description — as provided by the listing brokerage.
The facts
Property typeCommercial Lease
Year built1920
Lot size—
Annual tax$37,001
CountyLake
MLS #MRD12582946
Days on market54
Features
Cooling
Central Air
Utilities
Electric to SiteNatural Gas AvailableSewer Connected
Construction
Brick
Listed by
Robert E. Frank Real Estate
Robert Frank · 847-508-5263
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 4/27/2026, 1:26:19 AM. All data should be independently verified.
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