Single-Tenant NNN Ground
For Sale
Contact for pricing
7320 Grand Avenue, Gurnee, IL 60031
New-construction bank branch includes double drive-through service and tenant-paid operating, maintenance, and capital costs.
Property Size3,260 SF
Lot Size1.10 Acres
Price / SF$932.52
Days on Market14
Property Features for 7320 Grand Avenue
General Information
Standard status
Active
Size
3,260 SF
Lot size
1.10 Acres
Property subtype
Retail
Occupancy
100%
Net Operating Income
$155,000
Site & Location
Drive-Thru
Yes
Highway Access
Yes
Building Details
Year Built
2026
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
Greenstone Partners
(312) 614-1498
Listed By:
Brewster Hague · License #IL 475.165689
Source:
Crexi
Added: Aug 19
Changed: Aug 31
Last Checked: Aug 31 at 1:43PM
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 Greenstone Partners
Investment Insights
Based on property information with market context.
The property is a 3,260-square-foot bank branch constructed in 2026 on approximately 1.10 acres. It is leased to Libertyville Bank & Trust, operating as Gurnee Community Bank, under a new 20-year absolute NNN ground lease. The tenant is responsible for operating expenses, maintenance, and capital expenditures, while the improvements include a double drive-through. The offering includes the 100% fee-simple interest in the property.
Located at 7320 Grand Avenue in Gurnee, Illinois, the property sits along a commercial corridor surrounded by national retailers including Walmart Supercenter, Sam’s Club, Aldi, Mariano’s, Walgreens, The Home Depot, Target, Chick-fil-A, Raising Cane’s, Jewel-Osco, Best Buy, and Menards. Interstate 94 is conveniently accessible, with the broader North Suburban Chicago market nearby. The surrounding area reports a 1-mile population of over 67,000, average household income exceeding $95,000, and median home value above $360,000.
Located at 7320 Grand Avenue in Gurnee, Illinois, the property sits along a commercial corridor surrounded by national retailers including Walmart Supercenter, Sam’s Club, Aldi, Mariano’s, Walgreens, The Home Depot, Target, Chick-fil-A, Raising Cane’s, Jewel-Osco, Best Buy, and Menards. Interstate 94 is conveniently accessible, with the broader North Suburban Chicago market nearby. The surrounding area reports a 1-mile population of over 67,000, average household income exceeding $95,000, and median home value above $360,000.
Key Highlights
- 100% leased to Libertyville Bank & Trust operating as Gurnee Community Bank
- New 20‑year absolute NNN ground lease
- 3,260 SF bank branch constructed in 2026
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
419
Businesses Nearby
83k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Groceries 31%
Shops & Services 21%
Home Improvements & Furnishings 1%
Aldi
Groceries
25,662 visits/mo
0.0 miles
Cooper's Hawk Winery & Restaurant
Dining
24,391 visits/mo
0.4 miles
Mobil
Shops & Services
9,264 visits/mo
0.2 miles
Panda Express
Dining
8,981 visits/mo
0.5 miles
Fifth Third Bank & ATM
Shops & Services
6,051 visits/mo
0.1 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
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Frequently Asked Questions
What type of property is this?
NNN property - New-construction bank branch includes double drive-through service and tenant-paid operating, maintenance, and capital costs.
Where is this nnn property located?
The property is located at 7320 Grand Avenue Gurnee, IL.
What is the asking price?
The asking price for this property is $3,040,000.
What are key features of this property?
This property features: 100% leased to Libertyville Bank & Trust operating as Gurnee Community Bank; New 20‑year absolute NNN ground lease; 3,260 SF bank branch constructed in 2026
