Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    495-505 Rte 21 Gurnee, IL 60031

    Sponsored
    For Lease
    Contact for pricing

    Move-in ready spaces, ample parking.

    Lot size:
    3,565 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional office property, located at 495-505 N. IL Rte. 21 in Gurnee, Lake County, offers a total of 3,565 square feet of meticulously maintained space. Currently, 2,390 square feet are available for immediate occupancy, providing a fantastic opportunity for businesses seeking flexible and adaptable work environments. The building features six available suites ranging in size from 150 square feet to 2,440 square feet, catering to a variety of business needs and scales. Each suite boasts clean and classy interiors, complete with operational windows, ensuring a bright and comfortable workspace. The existing layouts are functional and ready for immediate occupancy, minimizing downtime and maximizing productivity. The property is ideally suited for both medical and traditional office uses, offering a versatile solution for diverse businesses. Furthermore, the property benefits from abundant parking, providing convenient access for employees and clients alike. This is a value-added opportunity to secure prime office space in a desirable location. The building's multiple tenancy structure allows for a diverse and thriving community of businesses.

    Property Features for 495-505 Rte 21

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,565 SF

    Unit(s) available at that property

    Space
    501-117
    Size
    2,440 SF
    Space
    WINDSOR SUITES
    Size
    300 SF
    Space
    501-110
    Size
    400 SF
    Space
    Building 1 Suite 202
    Size
    1,600 SF
    Space
    206
    Size
    550 SF
    Space
    114
    Size
    1,100 SF

    HighLights

    • 3,565 SF multi‑tenant office building in Lake County.
    • 6 suites available, ranging from 150 SF to 2,440 SF.
    • Move‑in ready spaces with flexible layouts.
    • Ample parking.
    • Clean and modern office spaces with operating windows.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Gurnee
    County
    Lake
    State
    Illinois
    Longitude
    -87.9238528
    Latitude
    42.3683125

    Nearby Similar for Lease

    • Contact for pricing
      37,462 SF

      Gurnee Commercial Space For Rent

      New commercial building in Gurnee, ideal for retail or office.
      34498 N Old Walnut Cir, Gurnee, IL 60031
      View Details
    • New
      Contact for pricing

      Gurnee, IL - Office Space

      Renovated office space suitable for various professional uses.
      6475 Washington St, Gurnee, IL 60031
      View Details
    • Contact for pricing

      Gurnee Office Space For Rent

      Well-maintained office space with convenient location and ample parking.
      5455 Grand Ave, Gurnee, IL 60031
      View Details
    • Contact for pricing

      Gurnee Commercial Space For Rent

      Commercial space in Gurnee, suitable for automotive or retail businesses.
      3816 Grandview Ave, Gurnee, IL 60031
      View Details
    • Contact for pricing

      Gurnee Commercial Space For Rent

      First floor commercial unit in Gurnee near Hwy 41.
      3840 Grandview Ave, Gurnee, IL 60031
      View Details
    • Contact for pricing

      Affordable Retail Space in Gurnee

      Well-maintained retail space suitable for fitness or wellness concepts.
      4262 Old Grand Ave, Gurnee, IL 60031
      View Details
    • Contact for pricing

      Mixed-Use Property on Grand Avenue

      Versatile commercial space with high visibility and flexible zoning.
      3575 Grand Ave, Gurnee, IL 60031
      View Details
    • Contact for pricing

      Gurnee Commercial Space for Rent

      Convenient Gurnee location with multiple possibilities.
      3816 Grandview Ave, Gurnee, IL 60031
      View Details
    • Contact for pricing

      Gurnee Office Space For Rent

      Second floor office space available in Gurnee, Illinois.
      3840 Grandview Ave, Gurnee, IL 60031
      View Details
    • New
      Contact for pricing

      Mixed-Use Property on Grand Avenue

      Mixed-use property with retail, office, and warehouse space available.
      3575 Grand Ave, Gurnee, IL 60031
      View Details
    • $2,700 /Mo

      Charming Townhome in Cobble Creek

      Corner end-unit townhome in a convenient, comfortable Gurnee location.
      600 Creekside Cir, Gurnee, IL 60031
      View Details
    • $8 SF/Yr
      105,000 SF

      Gurnee Village Commons: Flex Space Available

      Illinois Warehouse/Flex Space: 105,000 SF
      3575 Grand Ave, Gurnee, IL 60031
      View Details

    FAQs

    What type of property is this?
    Medical office - Move-in ready spaces, ample parking.
    Where is this medical office located?
    The property is located at 495-505 Rte 21 Gurnee, IL.
    What are key features of this property?
    This property features: 3,565 SF multi-tenant office building in Lake County.; 6 suites available, ranging from 150 SF to 2,440 SF.; Move-in ready spaces with flexible layouts.
    Request Owner's contact information
    495-505 Rte 21 Gurnee, IL 60031
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    495-505 Rte 21
    Gurnee, IL 60031
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    495-505 Rte 21 Gurnee, IL 60031
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.