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    3575 Grand Ave Gurnee, IL 60031

    For Lease
    $8 SF/Yr

    Other - Gurnee, IL

    Days on Market:
    173
    Last Refresh:
    Dec 15 at 2:06 am

    Property Features for 3575 Grand Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR

    Building Details

    Year built
    1985
    Architectural style
    Other

    Troy Realty LTD (773) 792-3000 [email protected]

    Listing agent Peter Karlis (773) 792-3000 License #471018214

    Listing date Jun 26, 2025

    MLS# 12319645 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gurnee Mixed-Use Property For Rent

    This mixed-use property is located on the corner of Belle Plaine and Grand Avenues, offering over 450 feet of frontage on Grand Avenue. The site spans over 6 acres and benefits from high traffic, with nearly 30,000 vehicles passing by daily. The building provides a variety of retail, office, and warehouse spaces, with available spaces up to 24,000 square feet. The space includes 2 bathrooms and an overhead door in the rear. Additionally, a high-visibility outlot on Grand Avenue is available for ground lease. The zoning accommodates a range of general retail and commercial uses, including self-storage and drive-through restaurants, subject to a special use permit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Disciples For Christ Worship Church Members Church of God ... Church Magic Body Studios Medical Spa Carmen Barnes - COUNTRY ... Insurance Agency Erica Rodriguez - COUNTRY ... Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gurnee
    County
    Lake
    State
    Illinois
    Longitude
    -87.8891815
    Latitude
    42.3693239

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail, office, and warehouse space available.
    Where is this mixed-use property located?
    The property is located at 3575 Grand Ave Gurnee, IL.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location: Over 30,000 vehicles per day.; - Large 6-acre lot on a hard corner.; - Significant frontage: Over 450 feet on Grand Avenue.
    (773) 792-3000
    Request Owner's contact information
    3575 Grand Ave Gurnee, IL 60031
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    Gurnee, IL 60031
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3575 Grand Ave Gurnee, IL 60031
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