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    3840 Grandview Ave, Unit A Gurnee, IL 60031

    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Gurnee, IL

    Days on Market:
    43
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 3840 Grandview Ave

    General Information

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

    Building Details

    Year built
    1962
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Concrete

    RE/MAX Plaza (847) 596-6100 [email protected]

    Listing agent Willie Simpson (847) 975-2100

    Listing date Nov 25, 2025

    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.

    Overview

    Gurnee Commercial Space For Rent

    This first-floor commercial unit is located in Gurnee, Illinois, near Highway 41. The layout includes an 18 x 23 office, a half bath, and a 70 x 23 shop. The unit offers possibilities for starting a business or relocating.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hollywood Inn & Suites Hotel

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Delicious Unlimited

    Location Insight

    • Map
    • Local Demand
    City
    Gurnee
    County
    Lake
    State
    Illinois
    Longitude
    -87.8954662
    Latitude
    42.3727496

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    FAQs

    What type of property is this?
    Flex space - First floor commercial unit in Gurnee near Hwy 41.
    Where is this flex space located?
    The property is located at 3840 Grandview Ave, Unit A Gurnee, IL.
    What are key features of this property?
    This property features: - Large 70 X 23 Shop Space; - Convenient Gurnee Location Near Hwy 41; - 1st Floor Unit
    (847) 975-2100
    Request Owner's contact information
    3840 Grandview Ave, Unit A 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
    3840 Grandview Ave, Unit A Gurnee, IL 60031
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