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Gurnee Industrial Property on 15 Acres
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3535 Washington St, Gurnee, IL 60031

42,245 SF industrial property on 15 acres for sale.

Property Size42,245 SF
Lot Size15.18 Acres
Price / SF$189.37
Days on Market165

Property Features for 3535 Washington St

General Information

Standard status Active
Size 42,245 SF
Class B
Lot size 15.18 Acres
Property subtype Industrial
Zoning I-2

Building Details

Year Built 1995
Buildings 1
Units 4
Listing Agency: Marcus & Millichap - Dallas
Listed By: Alexander Zlotnik · License #475.212.760
Source: Crexi
Added: Mar 4 Changed: Aug 8 Last Checked: Aug 8 at 6:31AM

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 offers approximately 42,245 square feet of space on 15.18 acres of land, including 13.12 usable acres. The property is zoned I-2 for general industrial use. The asset consists of four buildings featuring masonry and metal construction, with a clear height ranging from 17 to 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 includes 4.5 acres of cleared land and has a 6.4 percent building coverage ratio, making it suitable for distribution and logistics, or use as a truck terminal. The location provides 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 and can be acquired for various owner uses or as a lease-up and development opportunity.

Key Highlights

  • Ideal for distribution/logistics or truck terminal due to 4.5 acres of cleared land and a low 6.4% building coverage ratio.
  • Premier accessibility to Interstate 94 (2.8 miles), U.S. Route 41 (0.5 miles), and Waukegan National Airport (5.6 miles).
  • Large 42,245 SF building on 15.18 acres (13.12 usable) zoned I‑2 for general industrial use.

Property Analytics

Current Use

Auto Parts City ... Auto Parts Store A.M.B.L.L.C Metal Fabrication Plant Jeff Ex LLC General Contractor Lambs Farm Auto ... Charitable Organization Alumni Auto Association Or Organization

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Garden Center Bakery Electrical Service

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

Location Intelligence

Trade Area within ½ mile

483
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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Truck terminal - 42,245 SF industrial property on 15 acres for sale.
Where is this truck terminal 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 due to **4.5 acres of cleared land** and a low 6.4% building coverage ratio.; Premier accessibility to Interstate 94 (2.8 miles), U.S. Route 41 (0.5 miles), and Waukegan National Airport (5.6 miles).; Large 42,245 SF building on 15.18 acres (13.12 usable) zoned I‑2 for general industrial use.
(972) 755-5200 Call to check price and availability
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