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Masonry Shopping Center
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3601 Grand Ave, Gurnee, IL 60031

Fully leased retail center with brick construction and access from both street frontages.

Property SizeContact for details
Days on Market144

Property Features for 3601 Grand Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: SVN Landmark Commercial Real Estate
Listed By: Joel Miller · License #IL 475152032
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 6:41PM

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 SVN Landmark Commercial Real Estate

Investment Insights

Based on property information with market context.

This fully leased shopping center includes a 29,529-square-foot multi-tenant retail building and a separate 6,000-square-foot freestanding building. Both improvements feature full masonry construction with brick facades. The property also includes a large lot with excess land and established tenancy anchored by Sherwin-Williams and Velazquez Complete Auto Care.

Located at the signaled intersection of Grand Ave and Belle Plaine Ave in Gurnee, the property offers full access from both frontages and visibility at the hard corner. Grand Ave carries substantial traffic, and the site is positioned just east of Skokie Highway, approximately 40 miles north of the Chicago CBD. Nearby national retailers include Jewel-Osco, Walgreens, Dollar Tree, Speedway, U-Haul Moving and Storage, and other established operators.

Key Highlights

  • 29,529 SF multi‑tenant retail building plus a separate 6,000 SF freestanding building
  • Fully leased retail center anchored by Sherwin‑Williams and Velazquez Complete Auto Care
  • Full masonry construction with brick facades

Property Analytics

Current Use

MediaCom Telecommunications Service Velasquez Complete Auto ... Auto Repair Shop Velasquez & Sons Mufflers ... Auto Repair Shop

Suggested Use

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

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

647
Businesses Nearby
198k
Monthly Visits Nearby
Balanced
Demand for This Use

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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail center with brick construction and access from both street frontages.
Where is this shopping center located?
The property is located at 3601 Grand Ave Gurnee, IL.
What are key features of this property?
This property features: 29,529 SF multi‑tenant retail building plus a separate 6,000 SF freestanding building; Fully leased retail center anchored by Sherwin‑Williams and Velazquez Complete Auto Care; Full masonry construction with brick facades
(630) 938-4950 Call to check price and availability
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