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Second-Floor Office Suite
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3840 Grandview Avenue, Gurnee, IL 60031

Commercial Lease, Gurnee, IL

Space Size5,700 SF
Days on Market275

Property Features for 3840 Grandview Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning COMMR
Directions HWY 41 & Grand E to Waveland N to Grandview W to Address
Subdivision Gurnee
Standard status Active

Utilities

Cooling system Central Air

Building Details

Year built 1962
Floors in Building 1
Number of units 4
Building materials Wood, Frame
Listing Agency: RE/MAX Plaza · RE/MAX International
Listed By: Willie Simpson · License #475132200
Added: Nov 19, 2025 Changed: Aug 19 Last Checked: Aug 21 at 2:06PM
MLS# 12518610

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.

Second-floor office suite with approximately 5,700 square feet, featuring a 37 by 18 conference room and a 20 by 17 reception area. The space includes six separate offices, a break/lunch room, and 2 full bathrooms plus 1 half bath.

The property is conveniently located near Hwy 41 in Gurnee. The unit is immediately available for a new business or for a relocation.

Zoning is listed as COMMR.

Key Highlights

  • Large 5,700 sq. ft. 2nd floor unit.
  • Convenient location close to Hwy 41 in Gurnee.
  • Includes a 37 X 18 conference room.

Property Analytics

Current Use

Hollywood Inn & Suites Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith Computer & Electronic Repair Tech Support Center

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
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

463
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Second-floor office unit offers a large conference room, reception area, multiple offices, and break/lunch space.
Where is this office units located?
The property is located at 3840 Grandview Avenue Gurnee, IL.
What are key features of this property?
This property features: Large 5,700 sq. ft. 2nd floor unit.; Convenient location close to Hwy 41 in Gurnee.; Includes a **37 X 18 conference room.**
More about this property
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