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    Gurnee Auto Shop For Sale Title is generated by Realmo AI

    6280 Grand Ave, Gurnee, IL 60031

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    Two-level auto shop in Gurnee Mills Regional Mall.

    Type:Retail
    Property size:
    6,272 SF
    Price / SF:
    $158/SF
    Added:
    May 14, 2026
    Days on Market:
    15
    Last Refresh:
    May 16 at 8:23 pm

    Property Features for 6280 Grand Ave

    General Information

    Standard status
    Active
    Size
    6,272 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1995

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    Listing Contact
    Robert Elbrecht

    Listing agent Robert Elbrecht

    Listing office Tri-State Realty, Inc

    Listing date May 14, 2026

    Source Crexi

    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 Tri-State Realty, Inc

    HighLights

    • Prime location within the west Grand Ave commercial corridor.
    • Highly visible lot in Gurnee Mills Regional Mall.
    • Opportunity to retrofit existing building or redevelop the site.
    • Drive‑through facility with 4 garage doors.
    • Two‑level facility (main and lower).
    • 20 parking spaces.

    Overview

    This property is currently used as an oil change facility, presenting an opportunity for retrofitting the existing building or redeveloping the site. The two-level facility includes a main level and a lower level. It is situated in a prime location within the west Grand Ave commercial corridor, on a highly visible lot in Gurnee Mills Regional Mall. The property features a drive-through facility with 4 garage doors, a sprinkler system, and an alarm system. There are 20 parking spaces available. The property size is 6,272 square feet.

    Financial Insights

    Value Estimation Calculated for Retail

    Conservative
    $712.7K
    NOI $64,144 @ 9.00% cap · cautious / downside scenario
    Moderate
    $916.3K
    NOI $64,144 @ 7.00% cap · market / base-case scenario
    Aggressive
    $1.28M
    NOI $64,144 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
    Calculated for Retail

    Component $ $/SF
    Gross rent $94.1k $15.00
    − Vacancy −$2.4k −$0.39
    EGI $91.6k $14.61
    − OpEx −$27.5k −$4.38
    NOI $64.1k $10.23
    6,272 SF · lease $15.00/SF/yr · vacancy 2.60% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Retail
    $916.3K
    $801.8K – $1.07M (±1% cap)
    NOI $64,144 @ 7.0% cap · market cap 6.45%
    Second Best
    Industrial
    $385.7K
    $337.5K – $450.0K (±1% cap)
    NOI $26,999 @ 7.0% cap · market cap 2.71%
    Theoretical Best
    Office A
    $2.17M
    $1.89M – $2.53M (±1% cap)
    NOI $151,580 @ 7.0% cap · market cap 15.23%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Fastlane Lubemasters Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Genesis of Gurnee Service Center 6251 Grand Ave, Gurnee, IL 60031
    • 24HR Truck repair Tri State Pkwy, Gurnee, IL 60031
    • Gurnee Volkswagen Service Center 6301 W Grand Ave, Gurnee, IL 60031
    • Precision Service & Parts 1350 Tri State Pkwy Ste 120, Gurnee, IL 60031
    • Gorham Home Repair Inc 6815 foxworth ln, gurnee, il 60031

    Location Insight

    • Map
    • Local Demand
    City
    Gurnee
    County
    Lake
    State
    Illinois
    Longitude
    -87.95674
    Latitude
    42.3850657

    FAQs

    What type of property is this?
    Auto shop - Two-level auto shop in Gurnee Mills Regional Mall.
    Where is this auto shop located?
    The property is located at 6280 Grand Ave Gurnee, IL.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: Prime location within the west Grand Ave commercial corridor.; Highly visible lot in Gurnee Mills Regional Mall.; Opportunity to retrofit existing building or redevelop the site.
    More about this property
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