O'Neil Property Group

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$475,000
13 Days On Site

42 N Lake Street
Grayslake, IL 60030

For Sale|Office|Active
0
Beds
0
Total Baths
3,108
SqFt
$153
/SqFt
1958
Built
County:
Lake
Listing Courtesy of MRED as distributed by MLS Grid of Sperry Van Ness
42 N Lake Street42 N Lake Street42 N Lake Street42 N Lake Street
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This 3,108 square-foot freestanding building offers an owner-user or investor a rare corner position at the edge of the historic downtown Grayslake. Corner visibility, 15+ on-site parking spaces, and outdoor area and Central Business zoning are paired with walkable access to local shops, dining and Metra service. The well-maintained building and flexible commercial layout supports retail, office, medical, daycare or service-oriented uses.

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Listing Snapshot
PriceΒ 
$475,000
Days On SiteΒ 
13 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
3,108 sqft
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
0.52 Acres
Year BuiltΒ 
1958
MLS NumberΒ 
12797084
StatusΒ 
Active
Property TaxΒ 
$19,148
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS
a week agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
AcresΒ 
0.52
Property Sub TypeΒ 
Office
SqFt TotalΒ 
3108
ZoningΒ 
COMMR
Interior Features
CoolingΒ 
Central Air
ElectricΒ 
Circuit Breakers
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Exterior Features
Construction DetailsΒ 
Brick
Community Features
MLS AreaΒ 
Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
TownshipΒ 
Avon
Listing Courtesy of MRED as distributed by MLS Grid of Sperry Van Ness



Based on information submitted to the MLS GRID as of 2026-11-12 12:10 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-11-12 12:10 PM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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