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Second-Floor Office Unit
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3840 Grandview Avenue, Gurnee, IL 60031

Commercial Lease, Gurnee, IL

Space Size5,700 SF
Days on Market284

Property Features for 3840 Grandview Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning COMMR
Directions HWY 41 & Grand E to Waveland N to Grandview W to Address
Subdivision Gurnee
Standard status Active

Utilities

Cooling system Central Air

Building Details

Year built 1962
Floors in Building 1
Number of units 4
Building materials Wood, Frame
Listing Agency: RE/MAX Plaza · RE/MAX International
Listed By: Willie Simpson · License #475132200
Added: Nov 19, 2025 Changed: Aug 19 Last Checked: Aug 30 at 10:06AM
MLS# 12518610

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This second-floor office unit offers approximately 5,700 square feet for a business workspace or relocation. The layout includes a 37 X 18 conference room, 20 X 17 reception area, six private offices, a break/lunch room, two full bathrooms, and one half bathroom. Central air supports the interior environment, and the building was constructed in 1962.

The property is in Gurnee, Illinois, near Hwy 41, with zoning identified as COMMR. The suite is immediately available for occupancy and provides a dedicated office configuration with a mix of enclosed rooms, shared areas, and support amenities.

Key Highlights

  • Approximately 5,700 sq. ft. second‑floor office unit
  • 37 X 18 conference room and 20 X 17 reception area
  • Six separate offices for private workspace

Property Analytics

Current Use

Hollywood Inn & Suites Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith Computer & Electronic Repair Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

463
Businesses Nearby

Demographics for 60031, IL

37,650
Population
14,796
Households
2.5
Avg Household Size
42
Median Age
54%
College-Educated
95%
High-School Grad
19.0 sq mi
ZIP Area
1,982
Density / Sq Mi
$114,008
Median Household Income
$56,770
Median Earnings
$1,601
Median Rent
$322,300
Median Home Value

Market

Lease Benchmarks for Gurnee, IL

$13.67 /SF/Yr
Avg Asking Price
$8.42–$19 /SF/Yr
Price Range
3,062 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Flexible workspace includes private offices, meeting space, reception, break area, and multiple restrooms.
Where is this office units located?
The property is located at 3840 Grandview Avenue Gurnee, IL.
What are key features of this property?
This property features: Approximately 5,700 sq. ft. second‑floor office unit; 37 X 18 conference room and 20 X 17 reception area; Six separate offices for private workspace
More about this property
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