Date
Details
Price
Change
Source
3/04/2026
Listed
$12
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/26
$12 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 147 S US Hwy 45
General
- Price: $12
- Taxes: $37,001 (2024)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12582946
- Updated: 3/4/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Retail
Interior
- Interior Features: Private Restroom(s), Storage Inside, Basement
- Flooring: Carpet, Concrete, Tile
Additional Information
- Security/Safety: Other
Location
- Area: Gages Lake / Grayslake / Hainesville / Third Lake
- County: Lake
- Township: Warren
- Driving Directions: From State Rt. 120 & State Rt. 45, North on Rt. 45 to Address
- Location Details: Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Composition
- Ceiling Height: 12
- Loading: None, Service Entrance
- Sub-Flooring: Carpet, Concrete, Tile
- Stories/Levels: 2
- Current Bldg. Use: Commercial
- Year Built: 1920
Unit Information
- # Tenants: 5
Lot Features
- Lot Size (Sq. Ft.): 48,061
- Lot Dimensions: 235 x 216 x 242 x 215
- Frontage: US Highway
- Drainage: Drain Tiles, Storm Sewers
- Zoning: COMMR
Financial Considerations
- Lease Price: $12
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Other
- Assessment Year: 1920
- Tax Amount: $37,001
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Repairs, Scavenger, Sewer
Disclosures and Reports
- Documents Avail.: Aerial Map, Demographics, Topographic Maps, Traffic Counts
Listed by Robert E. Frank Real Estate
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Listing agent
— 147 S US Hwy 45 —
Robert E. Frank Real Estate
NMLS#: 1598647
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Schools
Schools serving 147 S US Hwy 45
School Districts:Woodland Community Consolidated School District 50, Warren Township High School District 121
| Name | Grades | Distance |
|---|---|---|
Woodland Primary School 17366 W Gages Lake Rd, Gages Lake, IL 60030 | PK-K | 1.9 mi |
Woodland Elementary School, Gages Lake, IL 17261 West Gages Lake Road, Gages Lake, IL 60030 | 1-3 | 1.9 mi |
Woodland Intermediate School 1115 N Hunt Club Rd, Gurnee, IL 60031 | 4-5 | 3.4 mi |
Woodland Middle School 7000 Washington Street, Gurnee, IL 60031 | 6-8 | 2.1 mi |
Warren Township High School 34090 N Almond Rd, Gurnee, IL 60031 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 147 S US Hwy 45
Estimate the Cost
Estimate the Cost for 147 S US Hwy 45
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147 S US Highway 45, Grayslake, IL 60030 (MLS# 12582946) is a Commercial Lease property. 147 S US Highway 45 is currently listed for $12 and was received on March 04, 2026. Want to learn more about 147 S US Highway 45? Do you have questions about finding other Commercial Lease real estate for sale in Grayslake? You can browse all Grayslake real estate or contact a Coldwell Banker agent to request more information.