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    36396 Skokie Hwy Gurnee, IL 60031

    Sponsored
    For Lease
    Contact for pricing

    17.53 Acres, Single Tenancy, Build-to-Suit Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 17.53-acre commercial land parcel presents a unique investment opportunity in the thriving Gurnee, Illinois market. Located at 36396 N Skokie Highway, zip code 60031, this single-tenancy property offers significant potential for development. The expansive lot size, totaling 763,607 square feet, provides ample space for a variety of commercial ventures. Situated in Lake County, this property is ideally positioned for businesses seeking high visibility and convenient access to major transportation routes. The land is available for ground lease or build-to-suit options, catering to diverse development needs. Alternatively, the property is also available for outright purchase. This prime location in Gurnee offers exceptional growth potential and strong demographics, making it an attractive proposition for both investors and developers seeking a strategic foothold in a dynamic market. The property's size and location make it suitable for a wide range of commercial uses, from retail and office spaces to industrial facilities. Detailed site plans and zoning information are available upon request. Don't miss this opportunity to acquire a significant commercial land asset in a rapidly growing area.

    Property Features for 36396 Skokie Hwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • 17.53‑acre commercial land parcel in Gurnee, IL (60031), located at 36396 N Skokie Highway.
    • 763,607 square foot lot suitable for various commercial uses.
    • High‑visibility location with convenient access to major transportation routes in Lake County.
    • Available for ground lease, build‑to‑suit, or outright purchase.
    • Strong demographics and growth potential in a dynamic market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Gurnee
    County
    Lake
    State
    Illinois
    Longitude
    -87.924034752619
    Latitude
    42.388880216417

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    FAQs

    What type of property is this?
    Land - 17.53 Acres, Single Tenancy, Build-to-Suit Available
    Where is this land located?
    The property is located at 36396 Skokie Hwy Gurnee, IL.
    What are key features of this property?
    This property features: 17.53-acre commercial land parcel in Gurnee, IL (60031), located at 36396 N Skokie Highway.; 763,607 square foot lot suitable for various commercial uses.; High-visibility location with convenient access to major transportation routes in Lake County.
    Request Owner's contact information
    36396 Skokie Hwy Gurnee, IL 60031
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    Gurnee, IL 60031
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    36396 Skokie Hwy Gurnee, IL 60031
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