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Third Lake IL Real Estate & Commercial for Sale

The median home value in Third Lake, IL is $258,000. This is lower than the county median home value of $300,000. The national median home value is $308,980. The average price of homes sold in Third Lake, IL is $258,000. Approximately 88% of Third Lake homes are owned, compared to 8% rented, while 3% are vacant. Third Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Third Lake real estate agent to arrange a tour today!
Learn more about Third Lake.


Showing Homes Nearby Third Lake, IL
Beds:
n/a
Baths:
Sq.Ft.:
4,500
Status:
Active
MLS#:
12003730
Type:
Industrial, Business Opportunities
Lot size:
1 Acres
Year built:
1987
A broker reciprocity listing Courtesy: RE/MAX Showcase
View additional info

Owner looking to sublease to a single user tenant. up to complete building of 4,500 sq ft. 12 per ft is estimate based on partial shared use at 3,000 per month. Hobbyist, car collector, electrician, plumber etc. Outside parking and storage, office, restroom, new gas heating. Call list broker for details

Beds:
n/a
Baths:
Sq.Ft.:
10,000
Status:
Active
MLS#:
12019147
Type:
Retail, Business Opportunities
Lot size:
1.39 Acres
Year built:
1998
A broker reciprocity listing Courtesy: Keller Williams North Shore West
View additional info

Introducing an Exceptional Business Opportunity at Delaware Commons! Discover the perfect space for your business in the heart of Delaware Commons - a vibrant neighborhood center that ensures maximum visibility and accessibility. This prime1,000 square feet unit is strategically located to capture the attention of the bustling community and take advantage of the high traffic counts, boasting over 23,000 vehicles per day (VPD). Key Features: **Prime Location:** Nestled in the heart of Delaware Commons, this property is at the epicenter of local commerce, ensuring your business gets the attention it deserves. **High Traffic Counts:** With over 23,000 VPD, your business will benefit from a steady stream of potential customers, enhancing day-to-day footfall and sales opportunities. **Proximity to Warren Township School District:** Tap into the local community by being close to the prestigious Warren Township School District, creating a potential customer base among parents, students, and faculty. **Synergy with Local Businesses:** Join a community of thriving local businesses, fostering a collaborative environment that promotes healthy growth for each individual enterprise. **Versatile Space:** The 1,000 square feet unit offers a versatile space that can be customized to suit various business needs, providing the flexibility to create the perfect setting for your venture. Seize this opportunity to elevate your business and become an integral part of the Delaware Commons community. For more details and to secure this prime commercial space, contact our experienced listing brokers. Don't miss out on the chance to make your mark in one of the most dynamic business hubs in the region!

Beds:
n/a
Baths:
Sq.Ft.:
34,725
Status:
Active
MLS#:
11893323
Type:
Retail, Business Opportunities
Lot size:
4.3 Acres
Year built:
1993
A broker reciprocity listing Courtesy: ILrealty, Inc. Kurchina & Assoc.
View additional info

Fully occupied investment property. Well maintained center in a great location. The property offers a diverse tenant mix of retail, office, service businesses and medical offices.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11854649
Type:
Business Opportunities
Lot size:
0.24 Acres
Year built:
1951
A broker reciprocity listing Courtesy: Robert E. Frank Real Estate
View additional info

Trophy Building in vibrant downtown Grayslake! This almost 7,000 square foot building housed the Grayslake Library for decades. The owner remodeled with high end finishes and split the space into multiple office/retail suites. Stroll into the classy main corridor to access the suites. Porcelain tile throughout common area corridor and bathrooms. Great mix of tenants consist of photographer, music teacher, spa, sewing, accounting and insurance with MyEyeDr. as anchor. MyEyeDr expanding space in 2024. NNN multi year leases. Climate controlled with central air and gas forced air. Seller will consider sale/lease back or move your business into seller's office suite. Fully leased building with strong financials available upon request and NDA. Please do not disturb tenants. No FOR SALE signs. Call LO to set up showings.

Beds:
n/a
Baths:
Sq.Ft.:
3,150
Status:
Active
MLS#:
12004282
Type:
Retail, Business Opportunities
Lot size:
0.14 Acres
Year built:
1951
A broker reciprocity listing Courtesy: RE/MAX Showcase
View additional info

One of the best corner locations in town: Center St and Slusser St.!! Thriving downtown Grayslake situated right in front of a municipal parking lot on a busy corner across the street from restaurants, stores, apartments and condos. Two buildings that were combined years ago and have been used for a variety of purposes including medical office and most recently a local pharmacy. Currently 2,500 SF is vacant and the rest is leased by an attorney who has been there for many years. The property has its own private parking lot for 9 cars. Great opportunity for redevelopment and would be a great location for a restaurant/ bar with two floors and an outdoor dining area. The downtown zoning (CB) allows for up to four stories in height.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11908928
Type:
Business Opportunities
Lot size:
3.75 Acres
Year built:
2000
A broker reciprocity listing Courtesy: Coldwell Banker Commercial NRT
View additional info

Now offering for sale the Hunt Club Professional Building in Gurnee, IL. The subject property is a six-unit 15,088 rentable square foot office building that is currently 77% percent occupied by four tenants. The weighted average lease term of the four tenants is over 7 years. All tenants are operating on triple net leases providing for minimal landlord responsibilities and include annual rent increases as a hedge against inflationary pressures. The two additional vacant suites will give a new potential owner immediate upside through stabilization. Also offered is the additional 20,137 SF or .46 of an acre of vacant buildable commercial land that site behind the parking lot that can be developed into another office property or even rezoned to residential.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12014863
Type:
Mixed Use, Business Opportunities
Lot size:
1.23 Acres
Year built:
1943
A broker reciprocity listing Courtesy: Better Homes and Gardens Real Estate Star Homes
View additional info

Don't miss out on this incredible opportunity! This 3-bedroom, 2-bathroom ranch-style home sits on a generous 1.25-acre lot, complemented by an additional five rental houses. Whether you're seeking a lucrative income stream or considering ventures into commercial development, this property offers endless potential. Seize the chance to capitalize on this prime investment opportunity today!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11866526
Type:
Multi-Family, Business Opportunities
Lot size:
0.12 Acres
Year built:
1972
A broker reciprocity listing Courtesy: Berkshire Hathaway HomeServices Chicago
View additional info

Investors Income Producer! This property is centered in down town Round Lake Beach. Walking distance to everything for tenants means the building remains fully occupied. New Boiler, new heat, newer Roof and New Paint throughout. Multiple COMMERCIAL lots available in this purchase: 3 vacant lots as follows PIN 0617407002 $1,100 (known as 11W Rollins) + PIN 0617407003 $1,100.00 (known as 9W Rollins) + PIN 0617407004 $1,100.00 (Known as 7W Rollins) The potential for additional income is huge, add onto current building or create another income generator by adding storage units on site.

Beds:
n/a
Baths:
Sq.Ft.:
8,720
Status:
Active
MLS#:
11974888
Type:
Industrial, Business Opportunities
Lot size:
0.57 Acres
Year built:
2000
A broker reciprocity listing Courtesy: Better Homes and Gardens Real Estate Star Homes
View additional info

Explore this versatile warehouse unit in Lake Villa's prime commercial area, previously an Allstate office since 2005. Whether you're buying or renting, this space is ready for your business needs. The well-lit main office area, two private offices, and a storage room cater to various requirements. Enjoy the convenience of a kitchenette and restroom. Don't miss this opportunity to establish or expand your business in a well-maintained, adaptable space. Purchase or lease for the flexibility and amenities you need. **View the Virtual 3D Tour to preview the property easily.**

Beds:
n/a
Baths:
Sq.Ft.:
9,128
Status:
Active
MLS#:
11934813
Type:
Retail, Business Opportunities
Lot size:
1.24 Acres
Year built:
2006
A broker reciprocity listing Courtesy: Compass
View additional info

For Sale or Lease | 9,128 SF (divisible w/3,000 SF lease minimum) | Easy access with 86' of frontage & a large monument sign on Grass Lake Rd giving great visibility to over 8,400 daily drivers | Ideally situated within a neighborhood business district with strong tenant synergy increasing consumer draw to the immediate trade area and promoting crossover exposure for the site | Surrounded by numerous single-family communities providing a direct residential consumer base from which the site draws | Strong local demographics | The 5-mile trade area is supported by over 77,000 residents with an annual median household income of $107,319 | Recent capital improvements include a full replacement of the back delivery drive all the way down to the gravel base

Beds:
n/a
Baths:
Sq.Ft.:
1,318
Status:
Active
MLS#:
11939197
Type:
Office, Business Opportunities
Lot size:
0.16 Acres
Year built:
2004
A broker reciprocity listing Courtesy: Compass
View additional info

SELLER FINANCING AVAILABLE!!! This elegantly designed executive condominium features a private entrance and a secure coded door leading to a reception area. The condo has an ideal layout with two distinct offices, a welcoming reception space, a convenient break room with ample file storage, and two private bathrooms. Versatile and suitable for a range of professional uses such as a law firm, dental/medical practice, spa, or accounting firm. Situated within the Triangle Corporate Park, this condo provides the opportunity to acquire fixtures, furniture, and equipment if desired for additional cost. Association costs are $353.52 per month and cover parking, landscaping, snow removal and exterior maintenance.

Beds:
n/a
Baths:
Sq.Ft.:
1,432
Status:
Active
MLS#:
11964004
Type:
Office, Business Opportunities
Lot size:
0.03 Acres
Year built:
2007
A broker reciprocity listing Courtesy: Coldwell Banker Realty
View additional info

Office and medical condo for sale. 1,432 sq ft unit that has been completed renovated with new flooring, fresh paint and updated ADA restroom. Wide open floor plan ready for your cubicles or build out to suit your needs. Condo has one ADA restroom and a mop sink storage closet. For sale or lease. Immediate access north and south on I-94. It's located just a few minutes from Gurnee Mills retail. Park like Campus; Individual practice identity and suite entrance; Abundant parking by suite entrances; Class A construction throughout; Individually controlled HVAC; Prominent Signage; Conveniently located on Milwaukee near Route 120; Low Lake County taxes.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11731275
Type:
Mixed Use, Business Opportunities
Lot size:
12.38 Acres
Year built:
1919
A broker reciprocity listing Courtesy: Keller Williams North Shore West
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
15,302
Status:
Active
MLS#:
11421391
Type:
Office, Business Opportunities
Lot size:
1.13 Acres
Year built:
1980
A broker reciprocity listing Courtesy: Robert E. Frank Real Estate
View additional info

Cedar View Plaza Office Building (14,000 square feet and warehouse 1,280 square feet) being sold by original builder after 40 plus years ownership! This brick and frame professional office building offers lots of flexibility to lease space. Originally constructed for medical office the building has evolved into professional/service businesses. Most offices have natural light from large windows. Some spaces have views of Cedar Lake! Hallways have fresh paint and carpeting. Common area tile bathrooms on first and second floors. Climate controlled building has 4 rooftop units for heat and AC. Three HVAC units are newer along with newer roof coating. Landlord pays heat, air conditioning, sewer and water. Tenants can walk to downtown Lake Villa restaurants, bars and METRA station. Ample parking. Includes masonry 32x40 garage with fenced in material yard on one acre of land. Approx 85% occupied on year to year lease agreements. Village of Lake Villa will consider conversion of second floor to residential apartments. Long time owner looking to retire/get out of management. Financials upon request and NDA. Please allow 24 hours for showings. Grand Avenue land bridge construction to be completed end of 2024. Can access westbound on Grand. Call for office available office spaces.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11792637
Type:
Industrial, Business Opportunities
Lot size:
1.59 Acres
Year built:
1986
A broker reciprocity listing Courtesy: Realty World Tiffany R.E.
View additional info

COMMERCIAL OPPORTUNITY. 1.6 ACRES WITH 400 FEET OF FRONTAGE ON IL RT 83 ZONED LI (limited industrial). THIS PROPERTY IS SUITABLE FOR AN ARAY OF COMMERCIAL / INDUSTRIAL APPLICATIONS.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11799781
Type:
Business Opportunities
Lot size:
13.69 Acres
Year built:
1999
A broker reciprocity listing Courtesy: Entre Commercial Realty, LLC
View additional info

We are pleased to present this 5,500 SF Office condo for sale at 1860 Winchester Rd, Ste 103, Libertyville. The space was renovated in 2016 and offers a unique, award winning design. The unit features a healthy mix of large private offices and open collaborative work areas. Please view the virtual tour on the first page of the marketing brochure for a full walk-through of the space.

Beds:
n/a
Baths:
Sq.Ft.:
1,515
Status:
Active
MLS#:
11819654
Type:
Office, Business Opportunities
Lot size:
0.02 Acres
Year built:
2008
A broker reciprocity listing Courtesy: Compass
View additional info

An excellent opportunity has arrived to own your own office or live work space. Perfect for Law Firm, Wealth Advisory, Real Estate Office, etc. Professional office, clean and Updated 1,515 sq.ft. consisting of 3 private offices, receptionist area, two ADA bathrooms & large upstairs meeting room. Plus a huge outside closet for storage too! Potential upstairs for a conversion to a Studio Apartment for more potential income! Extremely close access to Route 41. Perfect location! $120/month Assessment for Snow Plowing and Grass Cutting! New A/C Unit! Nothing left to do but MOVE IN!

Beds:
n/a
Baths:
Sq.Ft.:
12,240
Status:
Active
MLS#:
10923959
Type:
Office, Business Opportunities
Year built:
2005
A broker reciprocity listing Courtesy: Callahan Blandings & Schaper
View additional info

Attention Investors! Beautiful custom built medical office occupied by original owner. Exceptional custom finishes elevates the property above others in the area. Sale/leaseback with initial CAP rate of 8.22%. Part of medical corridor with excellent demographics and long term occupants. Other units also available from 2040 sf to 4040 sf

Beds:
n/a
Baths:
Sq.Ft.:
12,240
Status:
Active
MLS#:
10923951
Type:
Office, Business Opportunities
Year built:
2005
A broker reciprocity listing Courtesy: Callahan Blandings & Schaper
View additional info

Attention Investors! Beautiful custom built medical office occupied by original owner. Exceptional custom finishes elevates the property above others in the area. Sale/leaseback with initial CAP rate of 8.22%. Part of medical corridor with excellent demographics and long term occupants. Other units also available from 2040 sf to 4040 sf

Beds:
n/a
Baths:
Sq.Ft.:
12,240
Status:
Active
MLS#:
10924072
Type:
Office, Business Opportunities
Year built:
2005
A broker reciprocity listing Courtesy: Callahan Blandings & Schaper
View additional info

Attention Investors! Beautiful custom built medical office occupied by original owner. Exceptional custom finishes elevates the property above others in the area. Sale/leaseback with initial CAP rate of 8.22%. Part of medical corridor with excellent demographics and long term occupants. Other units also available from 2040 sf to 4040 sf

Beds:
n/a
Baths:
Sq.Ft.:
21,168
Status:
Active
MLS#:
11976662
Type:
Industrial, Business Opportunities
Lot size:
1.08 Acres
Year built:
1965
A broker reciprocity listing Courtesy: Realty World Tiffany R.E.
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
38,500
Status:
Active
MLS#:
11940920
Type:
Industrial, Business Opportunities
Lot size:
3.44 Acres
Year built:
1983
A broker reciprocity listing Courtesy: Entre Commercial Realty, LLC
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
6,350
Status:
Active
MLS#:
11956885
Type:
Mixed Use, Business Opportunities
Lot size:
0.84 Acres
Year built:
2007
A broker reciprocity listing Courtesy: Robert E. Frank Real Estate
View additional info

Great Opportunity to house your business and your family! This multi building complex features newer 4,000 sf metal building (built 2007), 2 bedroom ranch with basement and separate 1,100 sf garage. Currently Rapp Supply (custom golf carts/repair) but endless uses. Warehouse distribution, income property, retail sales, resale shop, plumbing, kitchen/bathroom display, granite shop, flooring store, mixed use, etc...Busy Grand Avenue location with high visibility. Can't reproduce buildings and land at this price. Shop will WOW you with heated floors (3 zones), large display showroom, two overhead doors and heavy load concrete floors!! Home can be used as rental or house employees. Store classic cars in detached garage or make it a man cave! Ample parking on concrete and asphalt area. Mechanicals in good shape. On sewer and private well! Seller looking to retire after many successful years of operation. Golf Cart repair business available for extra $$$ Do not disturb employees. Call LO for showing instructions. Prior deal fell through due to CUP requirements.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11989865
Type:
Mixed Use, Business Opportunities
Lot size:
0.71 Acres
Year built:
2024
A broker reciprocity listing Courtesy: Blue Fence Real Estate Inc.
View additional info

RARE OPPORTUNITY TO OWN A 2,000+ SQ FT FIRST FLOOR UNIT IN A NEW CUSTOM BUILT BUILDING DOWNTOWN LIBERTYVILLE. ACROSS FROM COOK PARK WITH VILLAGE PARKING GARAGE IMMEDIATELY NEXT TO THE PROPERTY. CUSTOM DESIGN YOUR SPACE FROM SCRATCH. POSSIBILITIES ARE ENDLESS!

Beds:
n/a
Baths:
Sq.Ft.:
4,920
Status:
Active
MLS#:
11953984
Type:
Mixed Use, Business Opportunities
Lot size:
1.03 Acres
Year built:
2011
A broker reciprocity listing Courtesy: @properties Christie's International Real Estate
View additional info

Discover an exceptional commercial opportunity in the heart of Mundelein! This prime property, spanning just over an acre of land, boasts state-of-the-art construction & built in 2011. With an expansive 4,920 square feet, the versatile space, zoned C5C, is adaptable for various purposes, such as a school, office building, store, restaurant, and more (subject to confirmation with the Village of Mundelein by the buyer). Current use is for a pre-school, which features a gym, 3 classrooms, galley style kitchen, office & storage space, children's bathroom & adult bathrooms (both ADA compliant). Exterior features expansive covered cement patio, fenced in backyard(1.04acre) and a 2-story shed. Additional features include, washer/dryer, refrigerator, radon system, wet & dry fire alarm system, Honeywell alarm system and ample parking (33+) spaces! Conveniently situated with easy access off Rt 176, the building has been thoughtfully updated with cutting-edge features, making it an ideal investment for those seeking a modern and strategically located commercial space in this thriving community.

Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/23/2024. 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.

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