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Mixed-Use Property with Outlot
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3575 Grand Avenue, Gurnee, IL 60031

Commercial Lease, Gurnee, IL

Space Size48,000 SF
Days on Market2

Property Features for 3575 Grand Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning COMMR
Directions Hard corner on Belle Paline and Grand Avenue
Subdivision Gurnee
Standard status Active

Taxes and HOA fees

Tax Year 2023

Utilities

Cooling system Central Air

Building Details

Year built 1985
Floors in Building 1
Listing Agency: Troy Realty Ltd
Listed By: Peter Karlis · License #471018214
Added: Sep 10 Last Checked: Sep 11 at 7:06PM
MLS# 12756516

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use commercial property includes retail, office, and warehouse space configured for suites of up to 48,000 SF. Central air serves the building, which was constructed in 1985. The property also includes an outlot along Grand Avenue that is available for ground lease.

Positioned at the intersection of Belle Plaine and Grand Avenues, the site covers over 6 acres and provides more than 450 feet of frontage on Grand Avenue. Traffic exposure is supported by nearly 30,000 vehicles passing the site each day. COMMR zoning accommodates a range of general retail and commercial uses, including self storage and drive-through restaurants subject to a special use permit.

Key Highlights

  • Over 6 acres at the corner of Belle Plaine and Grand Avenues
  • Over 450 feet of frontage on Grand Avenue
  • Nearly 30,000 vehicles per day pass the site

Property Analytics

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Current Use

Disciples For Christ Worship Church Members Church of God ... Church Magic Body Studios Spa & Massage Center Carmen Barnes - COUNTRY ... Insurance Agency Erica Rodriguez - COUNTRY ... Insurance Agency

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

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

647
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial zoning supports retail, office, warehouse, self-storage, and drive-through uses by special permit.
Where is this mixed-use property located?
The property is located at 3575 Grand Avenue Gurnee, IL.
What are key features of this property?
This property features: Over 6 acres at the corner of Belle Plaine and Grand Avenues; Over 450 feet of frontage on Grand Avenue; Nearly 30,000 vehicles per day pass the site
More about this property
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