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    731 S Il Route 21, Unit 145 Gurnee, IL 60031

    Sponsored
    For Sale
    $289,000

    COMMERCIAL - Gurnee, IL

    Type:Office
    Lot size:
    0.16 Acres
    Days on Market:
    84
    Last Refresh:
    Jan 6 at 8:06 pm

    Property Features for 731 S Il Route 21

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Zoning
    COMMR
    APN
    07273000660000
    Lot size
    0.16 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2008
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete, Vinyl, Wood
    Building materials
    Brick, Concrete, Wood

    Coldwell Banker Leader Realty (312) 513-4490 [email protected]

    Listing agent Mark Ahmad (773) 983-1553

    Listing date Oct 15, 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

    Gurnee Medical Office For Sale

    This professional medical office center complex is located within a short distance of major roads and interstates, neighboring the villages and cities of Waukegan, Beach Park, North Chicago, Zion, Lake Forest, Libertyville, Round Lake, and other towns. The property features a recently remodeled main level suite, offering an open and wide space that is easy to customize. It includes an ADA restroom and can accommodate various professions, such as doctors, dentists, accountants, attorneys, physical therapists, mortgage brokers, and architects. The building is handicapped accessible and provides ample parking. It has an individual entry and an updated rooftop HVAC unit. The property is located minutes from Gurnee Mall and Six Flags. The lot size is 0.16 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Gurnee
    County
    Lake
    State
    Illinois
    Longitude
    -87.938311
    Latitude
    42.348696

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    FAQs

    What type of property is this?
    Medical office - Professional medical office near major roads and interstates in Gurnee.
    Where is this medical office located?
    The property is located at 731 S Il Route 21, Unit 145 Gurnee, IL.
    What is the asking price?
    The asking price for this property is $289,000.
    What are key features of this property?
    This property features: - Prime location near major roads and interstates, easily accessible to multiple cities and villages.; - Recently remodeled, **like-new main level suite with open, customizable space.**; - ADA-compliant restroom and handicapped accessible building.
    (773) 983-1553
    Request Owner's contact information
    731 S Il Route 21, Unit 145 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
    731 S Il Route 21, Unit 145 Gurnee, IL 60031
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