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Mixed-Use Retail and Office Center
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3545-3575 Grand Ave, Gurnee, IL 60031

Mixed-use development with retail storefront visibility and second-floor office space on a signalized corner with abundant parking.

Property Size105,000 SF
Lot Size6.80 Acres
Days on Market70

Property Features for 3545-3575 Grand Ave

General Information

Standard status Active
Size 105,000 SF
Total Parking Spaces 340
Lot size 6.80 Acres
Property subtype Retail

Additional Details

Traffic Count 30,000 vehicles/day

Building Details

Building Size 105,000 SF
Year Built 1954
Listing Agency: Troy Companies
Listed By: Peter Karlis · License #471018214
Source: Troyrealtyltd
Added: Jun 24 Changed: Aug 21 Last Checked: Aug 31 at 3:11PM

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 Troy Companies

Investment Insights

Based on property information with market context.

East Point Gurnee is a mixed-use commercial development that includes retail and office space across a single project footprint. The property is described as a center with 105,000 SF of retail and office space, supported by a large parking field exceeding 340 spaces. The southern portion of the building is noted as able to accommodate larger big-box retailer and warehouse uses, while the second floor is positioned for a range of office space solutions.

The site is located on a hard, signalized corner of Grand Avenue and Belle Plaine Avenue, providing multiple full access points to both streets. The retail storefronts are described as having roadway visibility from Grand Avenue, and the property also lists large signage on Grand Avenue. The surrounding context in the remarks includes dense local demographics and traffic counts cited for the area.

For tenants, buyers, or operators, the mix of street-facing retail, second-floor office space, and southern big-box or warehouse capability supports multiple commercial use cases within one campus. The project’s multiple access points and substantial parking count can be beneficial for customers and staff, particularly for neighborhood service retailers and larger users seeking straightforward ingress and egress.

Key Highlights

  • East Point Gurnee mixed‑use development built in 1954
  • 6.8‑acre hard, signalized corner on Grand Avenue and Belle Plaine Avenue with 105,000 SF of retail and office space
  • Retail storefront visibility on Grand Avenue plus multiple full access points from both Grand Avenue and Belle Plaine Avenue

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Restaurant Parking Lot & Garage Law Firm Garden Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

30,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

647
Businesses Nearby
198k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 37% Dining 33% Groceries 26% Home Improvements & Furnishings 4%
Jewel-Osco Groceries
51,087 visits/mo 0.4 miles
McDonald's Dining
34,133 visits/mo 0.4 miles
Thorntons Shops & Services
20,694 visits/mo 0.5 miles
Dollar Tree Shops & Services
17,513 visits/mo 0.2 miles
Starbucks Dining
17,344 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use development with retail storefront visibility and second-floor office space on a signalized corner with abundant parking.
Where is this mixed-use property located?
The property is located at 3545-3575 Grand Ave Gurnee, IL.
What are key features of this property?
This property features: East Point Gurnee mixed‑use development built in 1954; 6.8‑acre hard, signalized corner on Grand Avenue and Belle Plaine Avenue with 105,000 SF of retail and office space; Retail storefront visibility on Grand Avenue plus multiple full access points from both Grand Avenue and Belle Plaine Avenue
More about this property
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