1280 North Route 83

1280 North Route 83, Grayslake, IL 60030

Property Information

  • For Lease $6,500.00/MO
  • Property Type Retail - Street Retail
  • Property Size 2,500 SF
  • Date Updated Oct 27, 2026

Description

Strategically located at Route 83 and Lake Street, Swanson Corners benefits from an established commercial corridor with substantial daily traffic. The property sits within a well-established Lake County community known for its convenient suburban setting and strong local identity. The area offers access to a mix of neighborhood services, daily conveniences, and regional draw, creating an appealing environment for retailers seeking connection to local residents and visitors alike. Grayslake is home to a vibrant downtown atmosphere as well as notable destinations such as the College of Lake County and the Lake County Fairgrounds. Nearby recreational amenities, parks, and community gathering places contribute to consistent activity throughout the area, while surrounding residential neighborhoods help support an active consumer base for retail tenants.Discover an exceptional leasing opportunity at Swanson Corners, a well-established, three-unit retail center prominently positioned at the busy intersection of Route 83 (Barron Boulevard) and Lake Street in Grayslake, Illinois. Previously operated as a restaurant, this 2,500-square-foot second-generation restaurant space combines valuable existing infrastructure, excellent corner visibility, generous parking, and exciting drive-through potential. Featuring an operational commercial walk-in cooler and freezer, an existing grease trap, gas connections, and flexible interior space, this property offers restaurant operators the opportunity to significantly reduce certain build-out costs while creating a business tailored to their vision.

Highlights

  • 2 restrooms
  • 2,500 SF 2nd generation restaurant space at Swanson Corners
  • 42 parking spots
  • 5 year minimum lease
  • Drive-through potential
  • Established neighboring businesses join Papa John's Pizza and Village Cleaners businesses.
  • Excellent roadside signage available space on the large, highly visible monument sign to advertise your business
  • Flexible interior space
  • General Business zoning
  • High-Visibility Corner Up to 14,300 Vehicles Daily
  • HVAC system with central AC
  • Includes operational commercial walk-in cooler and freezer, existing grease trap, gas connections

1 Space Available

SWANSON CORNERS RARE GRAYSLAKE RESTAURANT & RETAIL OPPORTUNITY

Space Type

Strip

Lease Rate

$6,500.00/MO

Total Space

2,500 SF

Divisible Space

2,500 - 2,500 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

Contacts

Location

Located at 1280 North Route 83, Grayslake, IL 60030, this property is part of the Chesapeake Farms neighborhood and Chicago market.

Contact Listing Broker
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