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First-Floor Flex Space
For Lease
$16.70 SF/Yr

3840 Grandview Avenue #A, Gurnee, IL 60031

Ground-level space combines an office, shop area, and half bath for varied business operations.

Space Size414 SF
Property Size1,610 SF
Days on Market264

Property Features for 3840 Grandview Avenue #A

General Information

Standard status Active
Size 414 SF
Net Rentable 414 SF
Zoning COMMR

Space & Availability

Available Space 414 SF
Contiguous Space 414 SF
Floor 1
Space Use Office
Private Offices 1

Additional Details

Highway Access Yes
Office Build-Out 414 SF

Building Details

Year Built 1962
Stories 2
Units 4
Listing Agency: RE/MAX Plaza
Listed By: Willie Simpson · License #475132200
Source: Cavanaghrealty
Added: Nov 19, 2025 Changed: Aug 10 Last Checked: Aug 10 at 3:49AM

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 RE/MAX Plaza

Investment Insights

Based on property information with market context.

This first-floor flex space provides 1,610 square feet in a configuration that separates office and shop functions. The office measures 18 X 23, while the shop spans 70 X 23 and is accompanied by a half bath. Built in 1962, the unit supports businesses seeking a combination of work, administrative, and service areas within one commercial space.

The property is located at 3840 Grandview Avenue #A in Gurnee, Illinois, near Hwy 41. Its COMMR zoning designation and ground-level layout add practical context for evaluating the space for business occupancy.

Key Highlights

  • 1,610‑square‑foot first‑floor flex space
  • 18 X 23 office area
  • 70 X 23 shop area

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
$2.51 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

463
Businesses Nearby
Under-served
Demand for This Use

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

Similar Off Market Nearby

  • Delicious Unlimited 4005 Porett Dr, Gurnee, IL 60031

Frequently Asked Questions

What type of property is this?
Flex space - Ground-level space combines an office, shop area, and half bath for varied business operations.
Where is this flex space located?
The property is located at 3840 Grandview Avenue #A Gurnee, IL.
What is the lease rate?
The lease rate is $16.70 SF/Yr.
What are key features of this property?
This property features: 1,610‑square‑foot first‑floor flex space; 18 X 23 office area; 70 X 23 shop area
More about this property
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