Search
Gurnee Commercial Space For Rent
For Lease
$15 SF/Yr

34498 N Old Walnut Circle, Gurnee, IL 60031

New commercial building suitable for retail or office use.

Space SizeContact for details
Days on Market167

Property Features for 34498 N Old Walnut Circle

General Information

Standard status Active
Zoning COMMR

Building Details

Year Built 2004
Stories 1
Units 1
Listing Agency: Real Broker, LLC
Listed By: Robb Satten
Source: Cavanaghrealty
Added: Mar 27 Changed: Sep 8 Last Checked: Sep 8 at 6:28AM

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

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

188
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 Circle 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.
More about this property
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