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    7055 Grand Ave Gurnee, IL 60031

    For Lease
    Contact for pricing

    Regional shopping destination with national retailers and restaurants.

    Property size:
    5,111 SF
    Lot size:
    21.96 Acres

    Property Features for 7055 Grand Ave

    General Information

    Size
    5,111 SF
    Lot size
    21.96 Acres

    Source: Kite Realty Group - Corporate Agent Blake Beaver

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

    Overview

    Retail Space in Gurnee Center

    This retail space is located within a regional shopping destination that features a diverse selection of national retailers and restaurants. Situated along Grand Avenue, a high-traffic commercial artery, the property connects Gurnee's western suburbs to Interstate 94. The location is just minutes from Gurnee Mills and Six Flags Great America. The shopping center is anchored by Ross, DSW, and Binny's Beverage Depot. The available space measures 5111 square feet.
    Location Intelligence

    Current Use by Public Records

    ATI Physical Therapy Physical Therapy Clinic Carhartt Work Clothes Store Corey Elzer Physical Therapist Cali Nail Nail Salon

    Suggested Use

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

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

    Similar Places Nearby

    Grand Hunt Center, Coinstar Kiosk Bitcoin Enabled, Coinstar Kiosk | Bitcoin ATM, Stonebrook Commons, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Gurnee
    County
    Lake
    State
    Illinois
    Longitude
    -87.9748786
    Latitude
    42.3854145

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    FAQs

    What type of property is this?
    Shopping center - Regional shopping destination with national retailers and restaurants.
    Where is this shopping center located?
    The property is located at 7055 Grand Ave Gurnee, IL.
    What are key features of this property?
    This property features: - Anchored by Ross, DSW, and Binny's Beverage Depot.; - Located on high-traffic Grand Ave.; - Regional shopping destination.
    (317) 577-5600
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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
    7055 Grand Ave Gurnee, IL 60031
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