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    1125 Delany Rd Gurnee, IL 60031

    For Sale
    $1,199,000

    Class A Medical Office, 4180 sq ft, .3 acres

    Property size:
    4,180 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional Class A medical office building in Gurnee, IL, offers 4,180 square feet on a 0.3-acre lot. Boasting a high-end, home-like design, it features a secure entrance, cameras, and a Concord elevator. The first floor includes a welcoming reception area, six office/treatment rooms, two ADA-compliant bathrooms, two utility rooms, and two storage rooms. The 2020-installed Respicaire Oxy 4 Plasma Air Scrubbers enhance air quality. Upstairs, find versatile open spaces with high ceilings, a large conference room, and a full kitchen with a wet bar. The building benefits from abundant natural light, high ceilings, and a flowing interior layout. Its prime location just south of Route 41 and Delany Road offers excellent visibility and access to major transportation routes between Chicago and Milwaukee, with high daily traffic volume on both roads. Ample parking accommodates 15 vehicles. Recent upgrades include a new 2023 roof and professional landscaping. The building's 200+ amp electrical system and pre-wired music system in first-floor offices add to its appeal. The property is zoned O-1, allowing for diverse commercial uses, including medical, professional, or even redevelopment into four separate units with individual utilities. This turnkey opportunity is perfect for owner-occupancy or investment.

    Property Features for 1125 Delany Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,180 SF
    Lot Size
    13,068 SF

    Building Details

    Year Built
    2001
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ganfield Therapeutics Occupational Therapist

    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
    -87.90425
    Latitude
    42.37637

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Medical Office, 4180 sq ft, .3 acres
    Where is this office property / space located?
    The property is located at 1125 Delany Rd Gurnee, IL.
    What is the asking price?
    The asking price for this property is $1,199,000.
    (312) 506-0200
    Request Owner's contact information
    1125 Delany Rd 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

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    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
    1125 Delany Rd Gurnee, IL 60031
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