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    Gurnee Auto Shop For Sale

    6280 Grand Ave Gurnee, IL 60031

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    For Sale
    Contact for pricing

    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:
    60
    Last Refresh:
    Jul 2 at 6:35 am

    Property Features for 6280 Grand Ave

    General Information

    Standard status
    Active
    Size
    6,272 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1995

    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

    Investment Insights

    Based on property information with market context.

    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.

    Key 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.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    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.

    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 Uses

    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.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Fastlane Lubemasters Auto Repair Shop

    Suggested Use

    Real Estate Agency Parking Lot & Garage HVAC Service Kitchen & Bath Showroom Building Supply (Bike/Boat/Book/etc) Store Auto Parts Store Plumbing Service Electrical Service Auto Repair Shop

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

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    Similar Off Market Nearby

    • Genesis of Gurnee Service Center — 6251 Grand Ave, Gurnee, IL 60031
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    • Gurnee Volkswagen Service Center — 6301 W Grand Ave, Gurnee, IL 60031
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    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.
    Contact an agent
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Robert Elbrecht
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