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    4262 Old Grand Ave, Unit B Gurnee, IL 60031

    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Gurnee, IL

    Type:Retail
    Days on Market:
    103
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 4262 Old Grand Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1960
    Floors in Building
    1

    Leading Edge Realty Advisors, Inc. (847) 361-3420 [email protected]

    Listing agent Christopher Demas (847) 361-3420

    Listing date Sep 25, 2025

    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

    Affordable Retail Space in Gurnee

    Located in Gurnee, Illinois, this commercial space offers 891 square feet for lease at $1,250 per month. The space is situated within a well-maintained, multi-tenant building that hosts established businesses. Previously built out for fitness purposes, the space is suitable for a fitness studio, personal training, yoga or Pilates studio, small-group classes, or other wellness concepts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Construction Testing & Instrumentation ... Civil Engineer Capital Insurance and Financial ... Auto Insurance Agency AWH Fitness Fitness Center Medco Financial Associates, ... Debt Collection Agency Zytek Services Computer Support And Services

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Gurnee
    County
    Lake
    State
    Illinois
    Longitude
    -87.908621
    Latitude
    42.371234

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    FAQs

    What type of property is this?
    Retail space - Well-maintained retail space suitable for fitness or wellness concepts.
    Where is this retail space located?
    The property is located at 4262 Old Grand Ave, Unit B Gurnee, IL.
    What are key features of this property?
    This property features: - Affordable rent: $1,250/month for 891 SF.; - **Suitable for fitness/wellness:** Previously built out for fitness, ideal for studio or wellness concepts.; - Well-maintained building: Located in a well-maintained, multi-tenant building.
    (847) 868-5745
    Request Owner's contact information
    4262 Old Grand Ave, Unit B 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
    4262 Old Grand Ave, Unit B Gurnee, IL 60031
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