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$1,500,000
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Property Description
4 out of 5 units rented (40% is vacant) Tenants include Subway, Bobo Tea, Nail Salon, Sushi Restaurant. Rent from 4 tenants is $11,500 Vacant space listed for $14 sq ft +CAM
Full Property Details
Full Property Details for 325 W Belvidere Rd
General
- Sold For: $1,500,000
- Taxes: $41,000 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12338433
- Added to Site: 277 day(s) ago
Business
- Business Type: Retail
Interior
- Flooring: Carpet, Concrete
Additional Information
- Security/Safety: Alarm Monitored
Location
- Area: Gages Lake / Grayslake / Hainesville / Third Lake
- County: Lake
- Driving Directions: Located at the intersection of Route 120 (Belvidere Rd.) & Hwy. 12 (Hainesville Rd.), 2 miles west of Rt. 83
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Central Heat/Individual Controls
Utilities
- Onsite: Electricity Available, Natural Gas Available, Sewer Connected
Structural Information
- Construction: Block
- Exterior Const.: Block
- Foundation: Concrete Perimeter
- Roof: Membrane
- Ceiling Height: 10
- Loading: Drive-In Doors
- Sub-Flooring: Carpet, Concrete
- Stories/Levels: 1
- Square Feet: 9,800
- Year Built: 2006
Unit Information
- # Tenants: 5
Lot Features
- Lot Size (Sq. Ft.): 35,000
- Lot Dimensions: 200 x 240
- Drainage: Floor Drains, On-Site Retention
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm Monitored
- Assessment Year: 2006
- Tax Amount: $41,000
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Scavenger
Disclosures and Reports
- Documents Avail.: Aerial Map, Demographics, Rent Roll, Leases, Existing Survey, Tax Bill, Traffic Counts, Backup Package
- Property ID: 6284000120000
Listed by Main Street Real Estate Group
Sold by New Century Real Estate
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Schools
Schools serving 325 W Belvidere Rd
School Districts:Grayslake Consolidated Community School District 46, Grayslake Community High School District 127
| Name | Grades | Distance |
|---|---|---|
Park East School 400 West Townline Road, Round Lake, IL 60073 | K-8 | 1 mi |
Frederick School 595 Frederick Road, Grayslake, IL 60030 | 5-6 | 2.8 mi |
Grayslake Middle School 440 Barron Boulevard, Grayslake, IL 60030 | 7-8 | 2.5 mi |
Grayslake Central High School 400 North Lake Street, Grayslake, IL 60030 | 9-12 | 2.1 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 325 W Belvidere Rd
Date
Details
Price
Change
Source
8/21/2025
Sold
$1,500,000
-14.29%
MLS
4/15/2025
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3-25 W Belvidere Road, Hainesville, IL 60030 (MLS# 12338433) is a Commercial property that was sold at $1,500,000 on August 21, 2025. Want to learn more about 3-25 W Belvidere Road? Do you have questions about finding other Commercial real estate for sale in Hainesville? You can browse all Hainesville real estate or contact a Coldwell Banker agent to request more information.

