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Commercial Real Estate Broker · Grayslake, IL

Grayslake, Illinois Commercial Real Estate

Selling or leasing a commercial building in Grayslake? Jason Bitton is the #1 RE/MAX Commercial broker in Illinois, and his Grayslake record is public: he sold the six-unit retail and automotive building at 355 S IL Route 83, representing both sides, and the warehouse at 1014 Progress Dr for the seller. He handles retail, industrial, office and investment property, from downtown Center Street to the Route 83 and Route 120 corridors, from his base in Libertyville, about 15 minutes away.

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$500K
355 S Route 83 · Sold 2025
$1.01 million
Median village sale · 2 years
5 months
Median time on market · 7 sellers
The short answer

Who is the best commercial real estate broker in Grayslake?

Jason Bitton of RE/MAX Commercial — the #1 RE/MAX Commercial broker in Illinois (2022, 2024, 2025) — handles retail, industrial, office, and investment property throughout Grayslake, from the Route 83 and Route 120 corridors to downtown Center Street. He represents buyers, sellers, landlords, and tenants across central Lake County from his office in Libertyville. In Grayslake he sold the six-unit retail and automotive building at 355 S IL Route 83 for $500,000 in August 2025, representing both sides, and the warehouse at 1014 Progress Dr for $320,000 in November 2021, representing the seller.

Jason works for sellers: as of September 22, 2026, he represented the seller in more than 80% of the sales on his public Sold & Leased ledger, including sales where he represented both sides. His Grayslake closings are below, and the village’s 20 sales are in the market report.

The closed record

Grayslake deals Jason has closed

Two Grayslake sales, both on his public Sold & Leased ledger: a six-unit building on the Route 83 corridor and a warehouse on Progress Dr. Neither is one of the 20 sales in the market report below.

Sold

355 S IL Route 83

Grayslake · Retail · Both sides represented · August 2025
$500,000

Six units on the Route 83 corridor: three retail and three automotive. Jason sold it representing both the seller and the buyer.

Sold

1014 Progress Dr

Grayslake · Commercial · Seller represented · November 2021
$320,000

A warehouse with a loading dock and a drive-in door, home to a forklift-repair business. Jason represented the seller.

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Market report · two years to June 30, 2026

What do commercial buildings sell for in Grayslake?

In the two years to June 30, 2026, the Village of Grayslake recorded 20 arm’s-length sales of office, retail, commercial and industrial property, at a median price of $1.01 million — 13 in the latest 12 months and 7 in the year before.

20sales · median $1.01 million · two years to June 30, 2026
By property type
Property typeSalesMedian price
Retail & commercial14$1,250,000
Office3—
Industrial3—
All20$1.01 million

A group median appears only where enough sales qualify.

By year, to June 30
PeriodSalesMedian price
Latest 12 months13$460,000
The year before7$1,200,000

The mix of property types changes from year to year, so these two medians are not a price trend.

The report gives no price per square foot. Only one of the three industrial sales could be measured against its building area, and for retail, commercial and office property a per-square-foot median would mislead: the land and any tenant set much of the price.

Time to sell · two years to June 30, 2026

How long does it take to sell a commercial building in Grayslake?

The seven Grayslake sellers who marketed their building report a median of 5 months on the market, and 4 of the 7 sold within six months. Their reported months on the market: 3, 3, 4, 5, 9, 9 and 11. All seven sold within a year. The other three of the 10 sellers who reported a marketing time never put their building on the market at all.

Seven sales is a small sample, and each figure is the seller’s own estimate. Jason keeps a live board of buyers and tenants who are looking now. See who is looking →  ·  Ask what your building would sell for →  ·  Compare with other towns →

Source: Jason Bitton RE/MAX Commercial’s database from public records: arm’s-length sales of office, retail, commercial and industrial property in Grayslake, dated July 1, 2024 to June 30, 2026; updated September 24, 2026. Sales are counted per transaction; one sale may cover several parcels, and a building resold on the same day is counted once, at the final price. Price excludes personal property. Marketing time is the seller’s own estimate (10 of the 20 sales report it). A group median appears only where enough sales qualify. Filings can trail a sale by weeks, so the latest quarter may still rise slightly. Aggregates only. Next update: late November 2026, for sales through September 30.

123 daysto an accepted offer · listed on the MLS · Oct 10, 2023 to Oct 9, 2026
Listed on the MLS
MedianGrayslakeMarket area
Sales11284
Days to an accepted offer123120
Then days to closing7354
Sale price vs. final asking88.4%92.6%
Sale price vs. first asking88.4%90.7%
Leases13266
Days to lease401157

Market area: all of Lake County plus Arlington Heights, Elk Grove Village, Northbrook, Palatine and Wheeling.

Buildings listed for sale on the MLS in Grayslake took a median of 123 days to reach an accepted offer, then 73 more days to close (11 sales, October 10, 2023 to October 9, 2026; 8 of them under $1 million). They sold for a median 88.4% of the final asking price and 88.4% of the first. Property listed for lease took a median of 401 days to lease (13 leases).

Source: MLS listings of retail, office, industrial and mixed-use property: closed sales and signed leases, October 10, 2023 to October 9, 2026; apartment buildings and sales of a business without its building are not included. Days to an accepted offer are the MLS’s market time, which includes earlier listings of the same building. Medians; aggregates only. This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period October 10, 2023 through October 9, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

Available in Grayslake

Grayslake Listings — For Sale & For Lease

Current Grayslake commercial space Jason is marketing. Every listing is syndicated across CoStar, LoopNet, Crexi, and the MLS — see the full space list on the listings hub. Tenant to verify.

By property type

Grayslake property for sale and for lease, by type

Listing sites show what is on the market this week. This is the Grayslake record by property type: what sold and for how much. Across all types, sellers who marketed a building here took a median of 5 months to sell (7 sales).

IndustrialFor SaleFor Lease

Warehouses & industrial buildings for sale or lease

3 industrial sales
too few for a median · two years to June 30, 2026
Tell Jason the size, clear height and loading you need.
Compare towns →
RetailFor SaleFor Lease

Retail, storefronts & shopping centers for sale or lease

14 retail and commercial sales
median $1,250,000 · two years to June 30, 2026
Storefronts, strip centers, restaurants and pads. Tell Jason the frontage, size and use you need.
Compare towns →
OfficeFor SaleFor Lease

Office & medical office for sale or lease

3 office sales
too few for a median · two years to June 30, 2026
Office suites, office condos and medical office. Tell Jason the size, and whether patients or the public will visit.
Compare towns →

Sales figures come from the market report on this page (arm’s-length sales only).

For sellers

Why Grayslake sellers hire Jason

Beyond pricing, marketing and negotiating, a seller gets the bench Jason has built over years of closings. Across the Chicago area, Jason has closed deals from 1,500 to 98,905 square feet and has sold contractor units, mixed-use, multifamily, medical and office buildings, manufacturing warehouses and national retail stores.

What a Grayslake sale has to answer

Two kinds of tenant

355 S IL Route 83 has six units, three retail and three automotive. A buyer has to underwrite both kinds of tenant, so the marketing has to reach buyers who are comfortable with both. Jason represented both the seller and the buyer when it sold in August 2025.

How trucks get in

A warehouse buyer asks how trucks get in and out. 1014 Progress Dr had a loading dock and a drive-in door and was home to a forklift-repair business; Jason sold it for the seller in November 2021.

What the village allows

A buyer’s or tenant’s use has to fit the zoning of that parcel, and the Village of Grayslake decides. The zoning guide further down this page is the place to start; confirm any specific address and use with the village before anyone signs.

People and tools Jason can bring to your sale

  • A tested starting point — Mainstreet commercial contract forms, reviewed and revised by many attorneys over the years, give your attorney an established starting point and can reduce drafting time.
  • Flat-fee counsel — real estate counsel who works on a flat rate, when you want one.
  • Fast environmental — environmental consultants who turn time-sensitive reports around quickly.
  • Lenders who answer — lenders who pick up Jason’s call directly and get a buyer’s financing moving.
  • Village zoning, handled — Jason works zoning and use questions directly with the village.
  • Honest trades — roofers, window contractors and other trades with fair pricing, to get a building ready to sell.
  • No competing portfolio — Jason doesn’t own or develop commercial property, so no building of his ever competes with yours for a buyer.

How the whole sale runs, from the first opinion of value to the closing table: how Jason sells commercial property.

What clients say

Trusted by commercial owners & investors

★★★★★ 5.0 · 17 Google reviews
★★★★★

“Jason was professional and went above and beyond helping us to sell our property. He was prompt in responding and helpful with our questions. He shows up and follows through.”

— Anna S.
★★★★★

“Jason recently sold one of my commercial condo properties. His communication is great, very responsive. Jason utilized multiple platforms to get eyes on my listing. I’m very happy with how Jason handled the sale of my unit!”

— Bryan S.
★★★★★

“Jason’s been a huge asset in our commercial real estate deals. He’s quick, professional, and detail oriented. Highly recommend him!”

— Tina G.
Read all 17 five-star reviews on Google →
Meet your broker

Jason Bitton

Commercial Real Estate Broker · RE/MAX Commercial

Jason Bitton is a commercial-only broker based in Libertyville, ranked #1 by commercial production among RE/MAX brokers in Illinois in 2022, 2024, and 2025 and a 2025 RE/MAX Hall of Fame inductee. With more than a decade working exclusively in commercial property, he represents buyers, sellers, landlords, and tenants across retail, industrial, office, multifamily, mixed-use, NNN, and land throughout Lake County, the North Shore, and the O’Hare corridor.

Market Overview

The Grayslake Commercial Market

Grayslake is a central Lake County village with commercial corridors along Route 83, Route 120, and Center Street. The village’s downtown has seen revitalization with new restaurants and retail, while the Route 83/120 intersection area serves as a regional commercial node.

Market Highlights

  • ✓ Route 83 and Route 120 commercial corridors
  • ✓ Downtown revitalization — new restaurants and retail
  • ✓ Metra commuter rail — North Central Service
  • ✓ College of Lake County campus
  • ✓ Central Lake County location

Retail

Route 83/120 retail, downtown storefronts, restaurant spaces, and neighborhood service businesses.

Industrial

Warehouse and flex space along the Route 83 corridor.

Office

Professional and medical office suites.

Investment Sales

Retail centers, small multi-tenant properties, and value-add opportunities.

Daytime Employment

Who Actually Works in Grayslake

Grayslake holds 8,812 jobs inside village limits. That is the daytime population a commercial tenant actually draws from — a different, and for commercial purposes more useful, number than the residential count most listings quote.

24.8% of those jobs are industrial — manufacturing, wholesale trade, and transportation & warehousing combined. Transportation & warehousing leads at 1,300 jobs, with manufacturing (617) and wholesale trade (266) behind it.

The village itself counts 20,929 residents in 8,165 households, with a median household income of $113,972 (U.S. Census Bureau, American Community Survey 2020-2024 five-year estimates).

Source: U.S. Census Bureau, LEHD LODES8 2023 (workplace area characteristics). Figures count jobs located in Grayslake, not residents. Updated annually.

Commercial Zoning

What Can You Open in Grayslake?

Grayslake zoning by address

Look up a Grayslake address

Street number and street; add the town if it is not Grayslake. The lookup starts on its own when you pause.

Grayslake regulates commercial property through eleven commercial, office, industrial and mixed-use districts (Chapter 17, revised May 2026) — and one of them is genuinely unusual. CT Commercial Transition and CTL Commercial Transition Limited allow small businesses and offices to operate out of actual residential-structure buildings along primary and secondary streets, preserving the village’s historic character while permitting commercial use.

Downtown & Commercial Transition

CT Commercial Transition and CTL Commercial Transition Limited permit small businesses and offices inside residential-structure buildings, while CB Central Business and CBA Central Business A anchor the downtown Center Street district.

General & Shopping-Center Retail

GB General Business and SCB Shopping Center Business cover the broader retail and center formats along Route 83 and Route 120; since the May 2026 revision a gas station or car wash without outdoor vacuums is permitted there by right, unless it abuts or sits within 250 feet of a residential zone. OR Office and Research handles professional and campus office, and now permits data centers.

Industrial

LI Limited Industrial, LIA Limited Industrial A, and GI General Industrial cover flex, warehouse, and manufacturing uses along the Route 83 corridor.

Grayslake Zoning Districts

The commercial, office and industrial districts in Grayslake, with the uses allowed by right and the uses that need special-use approval — 11 districts, 369 listed uses. Open any district for its full list.

CB Central Business District — 34 permitted, 7 by special use+

Pedestrian-oriented business zone for commercial establishments offering a wide range of goods and services; Grayslake’s historic downtown core. Wholesale brewery production is a special use only here. Some uses need a temporary use permit instead and are not in the lists below: Carnival or Circus; Christmas Tree Sales; Contractor’s Project Office; Outdoor Storage Containers; Real Estate Project Sales Office; Sidewalk or Parking Lots Sales, Tent Sales & Other Outdoor Commercial Events. (Chapter 17, Section 17.08.010; use Table 1, Section 17.12, revised May 2026.) The Village notes that posted documents may not reflect the most recently adopted ordinances; confirm current status with Planning & Zoning at 847-223-8515.

Permitted by right: All Other Retail Uses Not Presently Included, Apartments as Accessory Uses in Business Buildings (not on the ground floor), Apparel Store, Appliance Sales & Service, Barber or Beauty Shop, Billiard Parlor, Bowling Alley, Church or Other Place of Worship, Civic Club Meeting Facility, Day Care Facility, Department Store, Drug Store, Financial Institution Services, Furniture Sales, Game Room, Grocery or Food Store, Hardware Store, Health Club or Gym, Hotel/Motel, Independent Massage Therapist, Laundromat, Library, Liquor Store, Medical Lab or Clinic, Motion Picture Theater (indoor), Museum, Park, Public Owned, Playground (public, non-lighted), Post Office, Government Office, Professional Office (i.e. Accountant, Attorney, Doctor, Insurance, etc.), Restaurant, Non Drive-In, Schools, University, College, High, Jr. High and Elementary, Tavern, Nightclub, Veterinary Clinic

Special use approval required: Commercial or Trade School or School for Specialized Training, Massage Therapy Establishment, Personal Wireless Services Antennas, with or without support structures, and related electronic equipment and equipment structures, Senior Citizen Facility, Solar Energy Systems: Building Integrated (BISE), Solar Energy Systems: Building Mounted (BMSE), Wholesale Brewery Production Activities

Read the CB district in the official code

CBA Central Business A District — 33 permitted, 7 by special use+

Pedestrian-oriented business zone for commercial establishments offering a wide range of goods and services, with required off-street parking. Some uses need a temporary use permit instead and are not in the lists below: Carnival or Circus; Christmas Tree Sales; Contractor’s Project Office; Outdoor Storage Containers; Real Estate Project Sales Office; Sidewalk or Parking Lots Sales, Tent Sales & Other Outdoor Commercial Events. (Chapter 17, Section 17.08.010; use Table 1, Section 17.12, revised May 2026.) The Village notes that posted documents may not reflect the most recently adopted ordinances; confirm current status with Planning & Zoning at 847-223-8515.

Permitted by right: All Other Retail Uses Not Presently Included, Apartments as Accessory Uses in Business Buildings (not on the ground floor), Apparel Store, Appliance Sales & Service, Barber or Beauty Shop, Billiard Parlor, Bowling Alley, Church or Other Place of Worship, Civic Club Meeting Facility, Day Care Facility, Department Store, Drug Store, Financial Institution Services, Furniture Sales, Grocery or Food Store, Hardware Store, Health Club or Gym, Hotel/Motel, Independent Massage Therapist, Laundromat, Library, Liquor Store, Medical Lab or Clinic, Motion Picture Theater (indoor), Museum, Park, Public Owned, Playground (public, non-lighted), Post Office, Government Office, Professional Office (i.e. Accountant, Attorney, Doctor, Insurance, etc.), Restaurant, Non Drive-In, Schools, University, College, High, Jr. High and Elementary, Tavern, Nightclub, Veterinary Clinic

Special use approval required: Commercial or Trade School or School for Specialized Training, Massage Therapy Establishment, Personal Wireless Services Antennas, with or without support structures, and related electronic equipment and equipment structures, Public and Private Utilities (above ground), Senior Citizen Facility, Solar Energy Systems: Building Integrated (BISE), Solar Energy Systems: Building Mounted (BMSE)

Read the CBA district in the official code

CT Commercial Transition District — 17 permitted, 7 by special use+

Transition district characterized by residential structures suitable for use as small businesses or offices. Typically located on primary and secondary thoroughfares or next to other commercial areas, where single-family structures are being converted to low-intensity commercial uses while remaining compatible with the surrounding neighborhood. Low traffic volume and limited outdoor advertising; often a buffer between residential and other commercial areas. No new principal residential structures except to replace an existing one. Some uses need a temporary use permit instead and are not in the lists below: Carnival or Circus; Christmas Tree Sales; Contractor’s Project Office; Outdoor Storage Containers; Real Estate Project Sales Office; Sidewalk or Parking Lots Sales, Tent Sales & Other Outdoor Commercial Events. (Chapter 17, Section 17.08.010; use Table 1, Section 17.12, revised May 2026.) The Village notes that posted documents may not reflect the most recently adopted ordinances; confirm current status with Planning & Zoning at 847-223-8515.

Permitted by right: All Other Retail Uses Not Presently Included, Apartments as Accessory Uses in Business Buildings (not on the ground floor), Appliance Sales & Service, Barber or Beauty Shop, Church or Other Place of Worship, Civic Club Meeting Facility, Group Family Household, Independent Massage Therapist, Medical Lab or Clinic, Museum, Park, Public Owned, Playground (public, non-lighted), Professional Office (i.e. Accountant, Attorney, Doctor, Insurance, etc.), Restaurant, Non Drive-In, Single Family Dwelling, Two Family Dwelling, Veterinary Clinic

Special use approval required: Day Care Facility, Massage Therapy Establishment, Personal Wireless Services Antennas, with or without support structures, and related electronic equipment and equipment structures, Public and Private Utilities (above ground), Senior Citizen Facility, Solar Energy Systems: Building Integrated (BISE), Solar Energy Systems: Building Mounted (BMSE)

Read the CT district in the official code

CTL Commercial Transition Limited District — 13 permitted, 5 by special use+

More restrictive version of CT: residential structures suitable for use as small businesses or offices, with a narrower set of uses than CT, intense landscape buffering when abutting a residential zone, and more restrictive parking and lighting requirements. No new principal residential structures except to replace an existing one. Some uses need a temporary use permit instead and are not in the lists below: Outdoor Storage Containers; Sidewalk or Parking Lots Sales, Tent Sales & Other Outdoor Commercial Events. (Chapter 17, Section 17.08.010; use Table 1, Section 17.12, revised May 2026.) The Village notes that posted documents may not reflect the most recently adopted ordinances; confirm current status with Planning & Zoning at 847-223-8515.

Permitted by right: All Other Retail Uses Not Presently Included, Apartments as Accessory Uses in Business Buildings (not on the ground floor), Barber or Beauty Shop, Civic Club Meeting Facility, Group Family Household, Independent Massage Therapist, Medical Lab or Clinic, Museum, Park, Public Owned, Playground (public, non-lighted), Professional Office (i.e. Accountant, Attorney, Doctor, Insurance, etc.), Single Family Dwelling, Veterinary Clinic

Special use approval required: Massage Therapy Establishment, Personal Wireless Services Antennas, with or without support structures, and related electronic equipment and equipment structures, Senior Citizen Facility, Solar Energy Systems: Building Integrated (BISE), Solar Energy Systems: Building Mounted (BMSE)

Read the CTL district in the official code

SCB Shopping Center Business District — 48 permitted, 14 by special use+

Business zone for shopping-center development, where two or more businesses are grouped together with a common parking lot and common driveways. A gas station (with or without a car wash) is permitted by right only without outdoor vacuums, and that by-right gas station is prohibited when abutting or within 250 ft of a residentially zoned area; one with outdoor vacuums needs a special use. Tobacco and vape sales are allowed only as an accessory use, with the display and sales area capped at 10% of floor area. Some uses need a temporary use permit instead and are not in the lists below: Carnival or Circus; Christmas Tree Sales; Contractor’s Project Office; Outdoor Clothing Drop Off Stations; Outdoor Storage Containers; Real Estate Project Sales Office; Sidewalk or Parking Lots Sales, Tent Sales & Other Outdoor Commercial Events. (Chapter 17, Section 17.08.010; use Table 1, Section 17.12, revised May 2026.) The Village notes that posted documents may not reflect the most recently adopted ordinances; confirm current status with Planning & Zoning at 847-223-8515.

Permitted by right: Agricultural Implement, Sales and Service (no outdoor storage), All Other Retail Uses Not Presently Included, Apparel Store, Automobile Dealership, Automotive Supply and Service (not including gas station), Automobile Washing (not abutting residential and without exterior vacuums), Barber or Beauty Shop, Billiard Parlor, Boat Sales, Repair, Rental (indoor storage), Bowling Alley, Church or Other Place of Worship, Civic Club Meeting Facility, Commercial or Trade School or School for Specialized Training, Construction Material Sales & Storage (Indoor), Day Care Facility, Department Store, Drug Store, Equipment Rental, Indoor Storage, Financial Institution Services, Funeral Home, Furniture Sales, Game Room, Gas Station, with or without car wash, without outdoor vacuums (prohibited when abutting or within 250 ft of a residentially zoned area), Grocery or Food Store, Hardware Store, Health Club or Gym, Hotel/Motel, Independent Massage Therapist, Laundromat, Library, Liquor Store, Medical Lab or Clinic, Motion Picture Theater (indoor), Museum, Other Church Related Uses, Park, Public Owned, Playground (public, non-lighted), Post Office, Government Office, Professional Office (i.e. Accountant, Attorney, Doctor, Insurance, etc.), Restaurant, Fast Food, Restaurant, Non Drive-In, Schools, University, College, High, Jr. High and Elementary, Sign Shop, Skating Rink, Ice or Roller (publicly owned or private), Special Education Facility, Sports Training Facility (indoor), Tavern, Nightclub, Tobacco & Vape, only as an accessory use (tobacco and vape display and sales area capped at 10% of the establishment’s floor area), Veterinary Clinic

Special use approval required: Automobile Washing (abutting residential or with exterior vacuums), Gas Station, with or without car wash, with outdoor vacuums, Massage Therapy Establishment, Medical Cannabis Dispensary, Personal Wireless Services Antennas, with or without support structures, and related electronic equipment and equipment structures, Public and Private Utilities (above ground), Senior Citizen Facility, Solar Energy Systems: Building Integrated (BISE), Solar Energy Systems: Building Mounted (BMSE), Solar Energy Systems: Ground Mounted (GMSE), Solar Energy Systems: Self Contained (SCES), Sports Arena, Wind Energy Systems: Building Mounted, Wind Energy Systems: Small

Read the SCB district in the official code

GB General Business District — 54 permitted, 19 by special use+

Business zone for commercial establishments in free-standing buildings with all required off-street parking on site. A gas station (with or without a car wash) is permitted by right only without outdoor vacuums, and that by-right gas station is prohibited when abutting or within 250 ft of a residentially zoned area; one with outdoor vacuums needs a special use. Tobacco and vape sales are allowed only as an accessory use, with the display and sales area capped at 10% of floor area. Some uses need a temporary use permit instead and are not in the lists below: Carnival or Circus; Christmas Tree Sales; Contractor’s Project Office; Outdoor Clothing Drop Off Stations; Outdoor Storage Containers; Real Estate Project Sales Office; Sidewalk or Parking Lots Sales, Tent Sales & Other Outdoor Commercial Events. (Chapter 17, Section 17.08.010; use Table 1, Section 17.12, revised May 2026.) The Village notes that posted documents may not reflect the most recently adopted ordinances; confirm current status with Planning & Zoning at 847-223-8515.

Permitted by right: Agricultural Implement, Sales and Service (no outdoor storage), All Other Retail Uses Not Presently Included, Apparel Store, Appliance Sales & Service, Assisted Living, Senior Care, or Convalescent Facility, Automobile Dealership, Automotive Supply and Service (not including gas station), Automobile Washing (not abutting residential and without exterior vacuums), Barber or Beauty Shop, Billiard Parlor, Boat Sales, Repair, Rental (indoor storage), Bowling Alley, Church or Other Place of Worship, Civic Club Meeting Facility, Commercial or Trade School or School for Specialized Training, Construction Material Sales & Storage (Indoor), Day Care Facility, Department Store, Drug Store, Equipment Rental, Indoor Storage, Exterminating or Fumigation, Financial Institution Services, Funeral Home, Furniture Sales, Game Room, Gas Station, with or without car wash, without outdoor vacuums (prohibited when abutting or within 250 ft of a residentially zoned area), Greenhouse or Nursery, Grocery or Food Store, Hardware Store, Health Club or Gym, Hospital, Hotel/Motel, Independent Massage Therapist, Laundromat, Library, Liquor Store, Medical Lab or Clinic, Miniature Golf (non-lighted), Motion Picture Theater (indoor), Other Church Related Uses, Park, Public Owned, Pet Sitting Services — the code's special-use standards also say a special use permit may be granted for pet sitting services (Sec. 17.24.C.11); confirm with the Village, Playground (public, non-lighted), Post Office, Government Office, Professional Office (i.e. Accountant, Attorney, Doctor, Insurance, etc.), Restaurant, Fast Food, Restaurant, Non Drive-In, Schools, University, College, High, Jr. High and Elementary, Sign Shop, Skating Rink, Ice or Roller (publicly owned or private), Special Education Facility, Sports Training Facility (indoor), Tavern, Nightclub, Tobacco & Vape, only as an accessory use (tobacco and vape display and sales area capped at 10% of the establishment’s floor area), Veterinary Clinic

Special use approval required: Airport or Heliport, Automobile Washing (abutting residential or with exterior vacuums), Congregate Housing, Gas Station, with or without car wash, with outdoor vacuums, Golf Driving Range (non-lighted), Massage Therapy Establishment, Medical Cannabis Dispensary, Miniature Golf (lighted), Park, Commercial, Personal Wireless Services Antennas, with or without support structures, and related electronic equipment and equipment structures, Public and Private Utilities (above ground), Senior Citizen Facility, Solar Energy Systems: Building Integrated (BISE), Solar Energy Systems: Building Mounted (BMSE), Solar Energy Systems: Ground Mounted (GMSE), Solar Energy Systems: Self Contained (SCES), Sports Arena, Wind Energy Systems: Building Mounted, Wind Energy Systems: Small

Read the GB district in the official code

OR Office and Research District — 9 permitted, 12 by special use+

Established to provide large, open, landscaped sites, generally adjacent to primary highways, for “show place” operations such as research laboratories. Data centers are permitted by right here and in no other district. Some uses need a temporary use permit instead and are not in the lists below: Carnival or Circus; Christmas Tree Sales; Contractor’s Project Office; Outdoor Storage Containers; Real Estate Project Sales Office; Sidewalk or Parking Lots Sales, Tent Sales & Other Outdoor Commercial Events. (Chapter 17, Section 17.08.010; use Table 1, Section 17.12, revised May 2026.) The Village notes that posted documents may not reflect the most recently adopted ordinances; confirm current status with Planning & Zoning at 847-223-8515.

Permitted by right: Appliance Sales & Service, Data Centers, Greenhouse or Nursery, Independent Massage Therapist, Park, Public Owned, Professional Office (i.e. Accountant, Attorney, Doctor, Insurance, etc.), Restaurant, Non Drive-In, Schools, University, College, High, Jr. High and Elementary, Training Center, Armed Forces (without firearms)

Special use approval required: Airport or Heliport, Massage Therapy Establishment, Personal Wireless Services Antennas, with or without support structures, and related electronic equipment and equipment structures, Public and Private Utilities (above ground), Research, Chemical, Pharmaceutical, Plastic, or Other Similar Product/Material, Senior Citizen Facility, Solar Energy Systems: Building Integrated (BISE), Solar Energy Systems: Building Mounted (BMSE), Solar Energy Systems: Ground Mounted (GMSE), Solar Energy Systems: Self Contained (SCES), Wind Energy Systems: Building Mounted, Wind Energy Systems: Small

Read the OR district in the official code

LI Limited Industrial District — 22 permitted, 18 by special use+

Industrial zone for industrial, office and administrative uses having few, if any, adverse effects on neighboring properties. Tobacco and vape stores and currency exchanges/pawn shops/payday lenders are permitted by right here and in no other district, and a bus terminal needs a special use permit (Sec. 17.24.C.17); firearm sales and automobile dealerships need a special use. Some uses need a temporary use permit instead and are not in the lists below: Carnival or Circus; Christmas Tree Sales; Contractor’s Project Office; Outdoor Clothing Drop Off Stations; Outdoor Storage Containers; Real Estate Project Sales Office; Sidewalk or Parking Lots Sales, Tent Sales & Other Outdoor Commercial Events; Tents/Membrane Structures. (Chapter 17, Section 17.08.010; use Table 1, Section 17.12, revised May 2026.) The Village notes that posted documents may not reflect the most recently adopted ordinances; confirm current status with Planning & Zoning at 847-223-8515.

Permitted by right: Beverage Distributor, Wholesale, Bulk Material Storage (Indoor) - Non-Flammable or Non-Toxic, Currency exchanges, pawn shop, payday loans, Equipment Rental, Indoor Storage, Exterminating or Fumigation, Greenhouse or Nursery, Independent Massage Therapist, Machine or Tool and Die Shop, Manufacturing, Food or Dairy Product (and/or processing and packaging), Manufacturing, General, Medical Lab or Clinic, Ornamental Iron or Sheet Metal Shop, Park, Public Owned, Pet Sitting Services — the code's special-use standards also say a special use permit may be granted for pet sitting services (Sec. 17.24.C.11); confirm with the Village, Research, Chemical, Pharmaceutical, Plastic, or Other Similar Product/Material, Research, General, Skating Rink, Ice or Roller (publicly owned or private), Sports Training Facility (indoor), Tobacco & Vape, Training Center, Armed Forces (without firearms), Warehouse, Welding Shop

Special use approval required: Airport or Heliport, Alternative Fuel Center, Automobile Dealership, Automotive Supply and Service (not including gas station), Bus Terminal Facility — needs a special use permit to operate (Sec. 17.24.C.17), although Table 1 marks it permitted, Firearm and Ammunition Sales, Massage Therapy Establishment, Medical Cannabis Cultivation Center, Personal Wireless Services Antennas, with or without support structures, and related electronic equipment and equipment structures, Public and Private Utilities (above ground), Self-Storage (excluding outdoor or vehicle storage), Senior Citizen Facility, Solar Energy Systems: Building Integrated (BISE), Solar Energy Systems: Building Mounted (BMSE), Solar Energy Systems: Ground Mounted (GMSE), Solar Energy Systems: Self Contained (SCES), Sports Arena, Wind Energy Systems: Building Mounted, Wind Energy Systems: Small

Read the LI district in the official code

LIA Limited Industrial A District — 7 permitted, 12 by special use+

Industrial zone for smaller industrial, office and administrative uses having few, if any, adverse effects on neighboring properties. Some uses need a temporary use permit instead and are not in the lists below: Carnival or Circus; Christmas Tree Sales; Contractor’s Project Office; Outdoor Clothing Drop Off Stations; Outdoor Storage Containers; Real Estate Project Sales Office; Sidewalk or Parking Lots Sales, Tent Sales & Other Outdoor Commercial Events; Tents/Membrane Structures. (Chapter 17, Section 17.08.010; use Table 1, Section 17.12, revised May 2026.) The Village notes that posted documents may not reflect the most recently adopted ordinances; confirm current status with Planning & Zoning at 847-223-8515.

Permitted by right: Equipment Rental, Indoor Storage, Independent Massage Therapist, Park, Public Owned, Pet Sitting Services — the code's special-use standards also say a special use permit may be granted for pet sitting services (Sec. 17.24.C.11); confirm with the Village, Sports Training Facility (indoor), Training Center, Armed Forces (without firearms), Welding Shop

Special use approval required: Massage Therapy Establishment, Personal Wireless Services Antennas, with or without support structures, and related electronic equipment and equipment structures, Public and Private Utilities (above ground), Research, Chemical, Pharmaceutical, Plastic, or Other Similar Product/Material, Senior Citizen Facility, Solar Energy Systems: Building Integrated (BISE), Solar Energy Systems: Building Mounted (BMSE), Solar Energy Systems: Ground Mounted (GMSE), Solar Energy Systems: Self Contained (SCES), Sports Arena, Wind Energy Systems: Building Mounted, Wind Energy Systems: Small

Read the LIA district in the official code

GI General Industrial District — 15 permitted, 16 by special use+

Industrial zone in which manufacturing and related commercial operations are the principal use of land. Such uses may have some adverse effects on surrounding properties and are not compatible with residential, limited industrial or retail uses. Some uses need a temporary use permit instead and are not in the lists below: Carnival or Circus; Christmas Tree Sales; Contractor’s Project Office; Outdoor Clothing Drop Off Stations; Outdoor Storage Containers; Real Estate Project Sales Office; Sidewalk or Parking Lots Sales, Tent Sales & Other Outdoor Commercial Events; Tents/Membrane Structures. (Chapter 17, Section 17.08.010; use Table 1, Section 17.12, revised May 2026.) The Village notes that posted documents may not reflect the most recently adopted ordinances; confirm current status with Planning & Zoning at 847-223-8515.

Permitted by right: Beverage Distributor, Wholesale, Bulk Material Storage (Indoor) - Non-Flammable or Non-Toxic, Exterminating or Fumigation, Independent Massage Therapist, Machine or Tool and Die Shop, Manufacturing, Food or Dairy Product (and/or processing and packaging), Manufacturing, General, Ornamental Iron or Sheet Metal Shop, Park, Public Owned, Research, Chemical, Pharmaceutical, Plastic, or Other Similar Product/Material, Research, General, Sports Training Facility (indoor), Training Center, Armed Forces (without firearms), Warehouse, Welding Shop

Special use approval required: Airport or Heliport, Manufacturing, Chemical, Pharmaceutical, Plastic, or Other Similar Product/Material, Massage Therapy Establishment, Medical Cannabis Cultivation Center, Personal Wireless Services Antennas, with or without support structures, and related electronic equipment and equipment structures, Public and Private Utilities (above ground), Self-Storage (excluding outdoor or vehicle storage), Senior Citizen Facility, Solar Energy Systems: Building Integrated (BISE), Solar Energy Systems: Building Mounted (BMSE), Solar Energy Systems: Ground Mounted (GMSE), Solar Energy Systems: Self Contained (SCES), Solid Waste Disposal Site, Sports Arena, Wind Energy Systems: Building Mounted, Wind Energy Systems: Small

Read the GI district in the official code

MX Mixed Use District — AG uses by right, others by planned development+

Mixed-use district for parcels over 500 acres that can sustain a wide array of uses. By right, MX land develops under the AG district regulations; through a planned development approval based on a master plan for the entire parcel, any use otherwise permitted or specially permitted by the Zoning Ordinance may be authorized, and that approval sets the bulk, yard, space and height rules. Use Table 1 has no MX column: its note says the Cornerstone PUD agreement sets the permitted and conditional uses in the MX District, so the two lines below give the routes the code sets. (Chapter 17, Section 17.08.010 W; Table 1 note, Section 17.12, revised May 2026.) The Village notes that posted documents may not reflect the most recently adopted ordinances; confirm current status with Planning & Zoning at 847-223-8515.

Permitted by right: Uses allowed in the AG district (MX land develops as of right under the AG district regulations).

Special use approval required: Any use permitted or specially permitted elsewhere in the Zoning Ordinance, if expressly authorized in a planned development approval based on a master plan for the entire parcel (the Cornerstone PUD agreement sets the permitted and conditional uses).

Read the MX district in the official code

Source: Grayslake Zoning Ordinance (Chapter 17), revised May 2026. Overlay districts, planned developments and parking rules can further limit what a specific parcel can do.

Confirm any specific address against the village code before signing — or use the Commercial Zoning Lookup and tell Jason what you’re trying to open.

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Questions

Grayslake Commercial Real Estate FAQ

Who is the best commercial real estate broker in Grayslake?+
Jason Bitton of RE/MAX Commercial — the #1 RE/MAX Commercial broker in Illinois (2022, 2024, 2025) — handles retail, industrial, office, and investment property throughout Grayslake, from the Route 83 and Route 120 corridors to downtown Center Street. He represents buyers, sellers, landlords, and tenants across central Lake County from his office in Libertyville. In Grayslake he sold the six-unit retail and automotive building at 355 S IL Route 83 for $500,000 in August 2025, representing both sides, and the warehouse at 1014 Progress Dr for $320,000 in November 2021, representing the seller.
Who should I hire to sell my commercial building in Grayslake?+
Jason Bitton of RE/MAX Commercial, from his office in Libertyville, about 15 minutes away. In Grayslake he sold the six-unit retail and automotive building at 355 S IL Route 83 in August 2025, representing both sides, and the warehouse at 1014 Progress Dr in November 2021, representing the seller. He works for sellers — more than 80% of the sales on his public ledger represented the seller — and he doesn’t own or develop commercial property, so no building of his ever competes with yours for a buyer. In CoStar sale records he was the listing agent on more Lake County retail sales that closed in 2024 than any other agent. He is leasing retail space on Barron Blvd now.
What do commercial buildings sell for in Grayslake?+
In the two years to June 30, 2026, the Village of Grayslake recorded 20 arm’s-length sales of office, retail, commercial and industrial property, at a median price of $1.01 million. Retail and commercial buildings made up 14 of the 20 sales, at a median of $1,250,000; office (3 sales) and industrial (3) are too few for a median. There is no per-square-foot figure: only one of the industrial sales could be measured against its building area, and in retail, commercial and office sales the land and the tenants set the price as much as the building does, so a per-square-foot median would mislead.
How long does it take to sell a commercial building in Grayslake?+
About five months once the building is on the market. Of the 20 sales in the two years to June 30, 2026, 10 sellers reported a marketing time: three never put the building on the market, and the seven who marketed their building report a median of 5 months, with 4 of the 7 selling within six months and all seven within a year (their reported months on the market: 3, 3, 4, 5, 9, 9 and 11). Each figure is the seller’s own estimate.
What’s driving commercial demand in Grayslake?+
Three things: the College of Lake County (bringing students, faculty, and visitors), the 8,812 jobs inside village limits, about a quarter of them industrial (U.S. Census Bureau, LEHD LODES8 2023), and Grayslake’s position at the Route 83/120 intersection — a natural commercial crossroads for central Lake County. The downtown is also benefiting from village investment in streetscape and infrastructure improvements.
Is Grayslake Metra-accessible?+
Yes — Grayslake has a station on the North Central Service Metra line, providing commuter rail access to downtown Chicago. The nearby Prairie Crossing station also serves the Milwaukee District North Line. This dual-station access makes Grayslake attractive for office tenants whose employees commute from both directions.

Thinking About Selling in Grayslake?

Start with a confidential, off-market opinion of value from a senior broker who has actually closed in Grayslake — including the six-unit retail and automotive building on Route 83. No sign in the window, no tenant speculation — a private read on value and current buyer demand, then you decide.

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Want a number first? The property value estimator gives a first read from rent, taxes and size before anyone talks.

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