Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    940 Lakeside Dr Gurnee, IL 60031

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    18,720 SF warehouse with lease in place and expansion land.

    Property size:
    18,720 SF
    Lot size:
    2.22 Acres

    Property Features for 940 Lakeside Dr

    General Information

    Size
    18,720 SF
    Lot size
    2.22 Acres

    Source: Colliers | Chicago Rosemont Agent Ned Frank

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gurnee Warehouse with Expansion Land

    This 18,720 square foot property includes 2,880 square feet of office space and features a 21-foot clear height. The layout includes three interior docks and one drive-in door. There is parking space for 95 cars. The office area has been recently remodeled. The property includes expansion land and is located in Gurnee, Illinois. A 10-year lease is currently in place.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AKHAN Semiconductor Electronics Manufacturer

    Suggested Use

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

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

    Similar Places Nearby

    1-800-Pack-Rat, LLC

    Location Insight

    • Map
    • Local Demand
    City
    Gurnee
    County
    Lake
    State
    Illinois
    Longitude
    -87.9526334
    Latitude
    42.3725877

    Nearby Similar for Sale

    • $1,025,000
      6,000 SF

      Gurnee Storefront Investment Opportunity

      Retail/office property in Gurnee, excellent condition, flexible zoning, investment opportunity.
      34498 N Old Walnut Cir, Gurnee, IL 60031
      View Details
    • $289,000
      1,432 SF

      Gurnee Medical Office For Sale

      Professional medical office near major roads and interstates in Gurnee.
      731 S Il Route 21, Gurnee, IL 60031
      View Details
    • $1,890,000
      10,000 SF

      Gurnee Commercial Space For Sale

      Prime commercial space in Delaware Commons with high visibility and traffic.
      34491 N Old Walnut Cir, Gurnee, IL 60031
      View Details
    • $998,000
      4,180 SF

      Gurnee Medical Center Opportunity

      Class A medical building for sale in Gurnee, Illinois.
      1125 N Delany Rd, Gurnee, IL 60031
      View Details
    • $395,000
      2,550 SF

      Spacious Townhome with Nature Views

      End-unit townhome with pond and woods views, close to amenities.
      1315 Queen Ann Ln, Gurnee, IL 60031
      View Details
    • Contact for pricing
      7,220 SF

      Gurnee Restaurant Building on Corner

      7,220 SF restaurant on 2.18 AC corner lot.
      6577 Grand Ave, Gurnee, IL 60031
      View Details

    FAQs

    What type of property is this?
    Warehouse - 18,720 SF warehouse with lease in place and expansion land.
    Where is this warehouse located?
    The property is located at 940 Lakeside Dr Gurnee, IL.
    What are key features of this property?
    This property features: - 18,720 SF total space with **2,880 SF of recently remodeled office space**; - 10-year lease in place; - **21' clear height**
    (847) 217-4821
    Request Owner's contact information
    940 Lakeside Dr Gurnee, IL 60031
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    940 Lakeside Dr
    Gurnee, IL 60031
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    940 Lakeside Dr Gurnee, IL 60031
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.