Gurnee Industrial Property on 15
For Sale
$8,000,000
3535 Washington St, Gurnee, IL 60031
42,245 SF industrial property on 15.18 acres for sale.
Property Size42,245 SF
Lot Size15.18 Acres
Price / SF$189.37
Days on Market136
Property Features for 3535 Washington St
General Information
Standard status
Active
Size
42,245 SF
Lot size
15.18 Acres
Property subtype
Warehouse
Amenities
Vacant Four-Building 42,245-Square-Foot IOS Industrial Facility Situated on Approximately 13.12 Usable Acres
Featuring 18' Clear Height, Five Docks, Eleven Oversized Grade Doors, 800A, and Full Wet Sprinkler System in Main Building
Ideal Use for IOS, Distribution, or Truck Terminal with Approximately 4.5 Acres Cleared | Ample Land for Speculative Development
Premier Accessibility with Close Proximity to I-94, U.S. 41, and Waukegan National Airport
Outperforming North Lake Submarket: 5.7 Percent Vacancy vs. 7.7 Percent National Average
Building Details
Building Size
42,245 SF
Year Built
1995
Listing Agency:
Marcus & Millichap - Dallas
(312) 327-5499
Listed By:
Alexander Zlotnik · License #License(s): IL: 475212760
(312) 327-5499
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 14
Last Checked: Aug 16 at 3:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
Located at 3535 Washington Street in Gurnee, Illinois, this property features approximately 42,245 square feet of space on 15.18 acres of land, including 13.12 usable acres. Zoned I-2 for general industrial use, the property consists of four buildings with masonry and metal construction and a clear height of 17-21 feet. It includes four dock-high doors, nine oversized grade-level doors 18 feet in width (including four set in a truck well), and two regular sized grade-level doors. The main building is equipped with a full wet sprinkler system and heavy power with 800 amps. The property has 4.5 acres of cleared land, resulting in a 6.4 percent building coverage ratio, making it suitable for distribution and logistics or use as a truck terminal. The location offers accessibility, with proximity to Interstate 94 (2.8 miles away), U.S. Route 41 (0.5 miles away), and the Waukegan National Airport (5.6 miles away). The property is for sale as vacant, suitable for various owner uses or as a lease-up and development opportunity. The property is located within the North Lake County submarket, which contains 44.2 million square feet of industrial space.
Key Highlights
- Ideal for distribution/logistics or truck terminal with 4.5 acres of cleared land.
- Premier accessibility to Interstate 94, U.S. Route 41, and Waukegan National Airport.
- Heavy power (800 amps), full wet sprinkler system, and multiple loading docks.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 60031, IL
37,650
Population
14,796
Households
2.5
Avg Household Size
42
Median Age
54%
College-Educated
95%
High-School Grad
19.0 sq mi
ZIP Area
1,982
Density / Sq Mi
$114,008
Median Household Income
$56,770
Median Earnings
$1,601
Median Rent
$322,300
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
- Public Storage — 3501 Belvidere Rd, Park City, IL 60085
- CubeSmart Self Storage — 3501 Washington St, Gurnee, IL 60031
- Compass Marine Services — 3456 Washington St, Park City, IL 60085
- Highway 41 Self Storage — 300 Old Skokie Rd, Park City, IL 60085
Frequently Asked Questions
What type of property is this?
Warehouse - 42,245 SF industrial property on 15.18 acres for sale.
Where is this warehouse located?
The property is located at 3535 Washington St Gurnee, IL.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: Ideal for distribution/logistics or truck terminal with 4.5 acres of cleared land.; Premier accessibility to Interstate 94, U.S. Route 41, and Waukegan National Airport.; Heavy power (800 amps), full wet sprinkler system, and multiple loading docks.
