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Property Description
Prime Mixed-Use Opportunity on High-Visibility Route 83 - Flexible Layout with Strong Upside Potential, Located on a signalized corner along highly traveled Route 83 in Grayslake, this freestanding mixed-use property offers exceptional visibility and a unique opportunity for investors, business owners, or owner-occupants seeking a customizable live/work space. The property consists of approximately 3,360 sq ft on an oversized 100' x 150' lot with a 24-space private parking lot, providing excellent accessibility for both residential and commercial use. Currently in a "grey box / vanilla box" condition, the property presents a blank canvas ready for build-out, allowing the next owner to design and finish the space to suit their specific needs and goals. Property Features: Mixed-use configuration with separate commercial and residential spaces | Commercial area with clear-span construction for flexible layout options, currently offices are built out | Residential unit includes 3 bedrooms, 1.5 bathrooms, and full-height basement | Separate Washer/dryer hookup for Commercial & Residential | Large windows providing abundant natural light | 24-space on-site parking lot | Strong street presence with excellent exposure. Recent Improvements: Roof | HVAC systems (2 furnaces and 2 A/C units) | Plumbing and electrical systems (200 amp service) | Windows and parking lot | Large front patio. This property offers multiple potential use options, including owner occupancy with on-site business, rental income from one or both units, or a full investment opportunity. Conveniently located in the heart of Grayslake near residential neighborhoods, schools, and local businesses, providing a steady flow of traffic and strong visibility. Building also for lease.
Full Property Details
Full Property Details for 618 Barron Blvd
General
- Price: $499,000
- Taxes: $9,222 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12648292
- Updated: 5/20/2026
- Added to Site: 1 day(s) ago
Rental Information
- Lease Terms: Triple net
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: Gages Lake / Grayslake / Hainesville / Third Lake / Wildwood
- County: Lake
- Township: Avon
- Driving Directions: Tri-State Tollway I-94 to IL-120 W/Belvidere Rd. Take exit 11B from I-94 W/Tri-State Tollway. Take IL-120 W/Belvidere Rd West to US-45. Turn North onto US-45. Continue on Center St/Cty A27. Turn left onto Venter St/Cty A27. Turn Right on N Atkinson Rd. Turn left onto Frederick Rd and then turn Left onto N Barron Blvd.
- Location Details: Northwest Suburban, North Suburban, Central Business District, Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Water: Community Water
- Onsite: Water Available
Structural Information
- Construction: Brick, Wood
- Exterior Const.: Brick, Wood
- Foundation: Concrete Perimeter
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 3,360
- Current Bldg. Use: Commercial
- Year Built: 1967
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 14,998
- Lot Dimensions: 148*100
- Frontage: City Street
- Potential Use: Commercial, Office, Retail
- Zoning: COMMR
Financial Considerations
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1967
- Tax Amount: $9,222.04
- Tax Year: 2024
Disclosures and Reports
- Property ID: 6262030100000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 618 Barron Blvd
School Districts:Grayslake Community High School District 127, Grayslake Consolidated Community School District 46
| Name | Grades | Distance |
|---|---|---|
Woodview School 340 North Alleghany Road, Grayslake, IL 60030 | K-4 | 1.1 mi |
Grayslake Middle School 440 Barron Boulevard, Grayslake, IL 60030 | 7-8 | 0.2 mi |
Grayslake Central High School 400 North Lake Street, Grayslake, IL 60030 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 618 Barron Blvd
Date
Details
Price
Change
Source
5/20/2026
Listed
$499,000
1250.07%
MLS
2/21/2014
Sold
$36,961
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 618 Barron Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,222
-2%
$108,665
11%
2023
$9,373
4%
$98,118
23%
2023
$9,022
-13%
$79,691
6%
2022
$10,326
—
$75,167
-10%
2021
$10,361
50%
$83,452
5%
2020
$6,918
—
$79,402
52%
2019
$6,891
-35%
$52,396
-35%
2018
$10,579
1%
$80,500
6%
2017
$10,516
4%
$75,722
8%
2016
$10,160
2%
$69,900
9%
2015
$9,986
16%
$63,859
—
2014
$8,625
3%
$63,859
20%
2013
$8,350
2%
$53,398
-11%
2012
$8,147
—
$60,179
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 618 Barron Blvd
618 Barron Boulevard, Grayslake, IL 60030 (MLS# 12648292) is a Commercial property. 618 Barron Boulevard is currently listed for $499,000 and was received on May 20, 2026. This property is listed by The Hering Homes Team from our Libertyville Office.Want to learn more about 618 Barron Boulevard? Do you have questions about finding other Commercial real estate for sale in Grayslake? You can browse all Grayslake real estate or contact a Coldwell Banker agent to request more information.



