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Gurnee Commercial Space For Rent
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34498 N Old Walnut Cir, Gurnee, IL 60031

New commercial building suitable for retail or office use.

Space Size1,500 SF
Property Size6,000 SF
Days on Market145

Property Features for 34498 N Old Walnut Cir

General Information

Standard status Active
Size 1,500 SF
Class C
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 6,000 SF
Year Built 2004
Tenancy Multiple

Spaces For Lease

at 34498 N Old Walnut Cir Contact us

Unit C&D

Size
1,500 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Real Broker LLC IL
Listed By: Robert Satten · License #475.101369
Source: Crexi
Added: Mar 27 Changed: Aug 12 Last Checked: Aug 14 at 4:53PM

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 Real Broker LLC IL

Investment Insights

Based on property information with market context.

This newly constructed and well-maintained commercial building is located in unincorporated Gurnee. The final available space, Unit C-D, offers 1,500 square feet suitable for retail or office use. The layout is flexible. The property was built for up to 6 units, but is currently configured as 3. Modern finishes contribute to minimal maintenance requirements.

Key Highlights

  • Final 1,500 SF unit (C‑D) available in a well‑maintained commercial building.
  • Attractive tax advantages due to location in unincorporated Gurnee.
  • Flexible layout options suitable for retail or office use.

Property Analytics

Current Use

David Blumenstock: Allstate ... Insurance Agency State Representative Joyce ... Government Office FYZICAL Therapy & Balance ... Medical Clinic Fyzical Therapy & Balance ... Physician

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Hair Salon Restaurant Pharmacy

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

208
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - New commercial building suitable for retail or office use.
Where is this retail space located?
The property is located at 34498 N Old Walnut Cir Gurnee, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Final 1,500 SF unit (C‑D) available in a well‑maintained commercial building.; Attractive tax advantages due to location in unincorporated Gurnee.; Flexible layout options suitable for retail or office use.
(847) 445-7325 Call to check price and availability
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