775 S Il Route 21, Gurnee, IL 60031

Listing office Cresa - Corporate m***@cresa.com Show Phone

Listing date Jun 8, 2026

Source Moodyscre

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 Cresa - Corporate

Report an issue

---

Overview

This offering consists of two industrial land parcels: a 12.5-acre west lot and a 5-acre east lot, each carried at 35% FAR in the provided figures. Utilities are identified as available to the site, including sewer, water, and electrical service. The configuration supports flexible development planning across the two tracts.

The property provides frontage and visibility along IL-21 (Milwaukee Ave). Highway access to I-94 is also noted, with 94 northbound approximately 0.5 miles away and 94 southbound approximately 3 miles away, supporting regional connectivity for logistics and distribution-oriented users.

For tenants and developers evaluating options for ground-up industrial use, the combination of utility availability and direct IL-21 exposure can help simplify early development steps and improve site presentation. With two separate parcels included in the offering, operators may be able to align site footprint and phasing to their specific operational needs while working within the stated 35% FAR.

Suggested Use

Restaurant Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Spa & Massage Center Dental Office Nail Salon Department Store

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

Location Insight

• Map
• Local Demand

City

Gurnee

County

Lake

State

Illinois

Longitude

-87.938311

Latitude

42.348696

Nearby Similar for Sale

• 

  $3,150,000

  Freestanding Office Property

  For sale office property on a 3.75-acre lot at Washington Street in Gurnee, IL, offering space for business use.

  6475 Washington Street, Gurnee, IL 60031

  View Details
• 

  $410,000

  Side-by-Side Ranch Duplex

  A two-unit ranch duplex with updated flooring, private yards, garages, and separate basements.

  803 Pine Grove Avenue, Gurnee, IL 60031

  View Details
• 

  $998,000

  4,180 SF

  High-End Freestanding Office Building

  Class A office building in Gurnee, Illinois for sale.

  1125 N Delany Road, Gurnee, IL 60031

  View Details
• 

  $109,900

  Development Land in Gurnee, IL

  Three contiguous parcels totaling 0.96 acres with redevelopment potential.

  125 S Delany Road, Gurnee, IL 60031

  View Details
• 

  $185,000

  Gurnee Land For Sale

  Almost 1 acre zoned O-1 Restricted Office District.

  1577 N DILLEYS Road, Gurnee, IL 60031

  View Details
• 

  $149,000

  Vacant Residential Lot for Custom Home

  Vacant residential lot sized for custom home building, with an on-site storage shed and low-maintenance starting point.

  16655 W Applewood Court, Gurnee, IL 60031

  View Details
• 

  $967,000

  5,547 SF

  Gurnee Industrial Flex Space Available

  5,547 SF flex space in Gurnee, Illinois for sale.

  1680 N Delany Rd, Gurnee, IL

  View Details
• 

  Contact for pricing

  105,000 SF

  Mixed-Use Retail and Office Center

  Mixed-use development with retail storefront visibility and second-floor office space on a signalized corner with abundant parking.

  3545-3575 Grand Ave, Gurnee, IL 60031

  View Details
• 

  $8,000,000

  42,245 SF

  Gurnee Industrial Property on 15 Acres

  42,245 SF industrial property on 15.18 acres for sale.

  3535 Washington St, Gurnee, IL 60031

  View Details
• 

  $299,900

  Updated Office Space in Gurnee

  Updated office space with handicap access and storage basement.

  4017 Old Grand Avenue, Gurnee, IL 60031

  View Details
• 

  $3,050,000

  Gurnee, IL Chili's For Sale

  Single-tenant Chili's in Gurnee, IL with corporate guaranteed lease.

  6030 Grand Avenue, Gurnee, IL 60031

  View Details
• 

  $999,900

  Gurnee Wooded Subdivision Opportunity

  Development opportunity in Gurnee, approved for 18 single-family homes.

  1001 N Hunt Club Road, Gurnee, IL 60031

  View Details

FAQs

What type of property is this?

Industrial land - Industrial land with utilities to the site and visibility along IL-21, positioned for convenient I-94 access.

Where is this industrial land located?

The property is located at 775 S Il Route 21 Gurnee, IL.

What are key features of this property?

This property features: Industrial land with sewer, water, and electrical to the site; Visibility along IL‑21 (Milwaukee Ave); West lot: 12.5 acres (190,000 SF @ 35% FAR)