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    Gurnee IL 60031 Manchester Dr Gurnee, IL 60031

    Sponsored
    For Sale
    $320,000

    .66-acre lot, prime Gurnee location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional .66-acre commercial land parcel, located at 0 Manchester Dr, Gurnee, IL 60031 (APN: 07271070050000), presents a unique development opportunity. Zoned C-2, this well-maintained lot boasts 28,750 square feet and offers 132.02 feet of frontage along Manchester Drive, conveniently situated just west of the intersection of Milwaukee and Manchester. The property features existing curb and gutter along the frontage, enhancing its development potential. With dimensions of approximately 132.02 x 254.17 x 130 x 231.94 feet, this parcel is ideally suited for various commercial uses, including office, professional, medical, or senior care facilities. Its quiet street location and excellent access contribute to its desirability. The asking price is $320,000, and the owner will consider all reasonable offers. This is a rare chance to acquire a prime commercial lot in a thriving Gurnee location. Don't miss this opportunity to build your business in a highly sought-after area.

    Property Features for Gurnee IL 60031 Manchester Dr

    General Information

    Property type
    Land

    HighLights

    • .66‑acre commercial land parcel for sale in Gurnee, IL.
    • Excellent location in a thriving Gurnee area, on a quiet street.
    • 28,750 square foot lot with C‑2 zoning.
    • 132.02 feet of frontage on Manchester Drive, west of Milwaukee Avenue intersection.
    • Existing curb and gutter; lot dimensions approximately 132.02 x 254.17 x 130 x 231.94 feet.
    • Ideal for office, professional, medical, or senior care development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Gurnee
    County
    Lake
    State
    Illinois
    Longitude
    -87.943033029074
    Latitude
    42.349756772705

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    FAQs

    What type of property is this?
    Land - .66-acre lot, prime Gurnee location.
    Where is this land located?
    The property is located at Gurnee IL 60031 Manchester Dr Gurnee, IL.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: .66-acre commercial land parcel for sale in Gurnee, IL.; Excellent location in a thriving Gurnee area, on a quiet street.; 28,750 square foot lot with C-2 zoning.
    (847) 977-5389
    Request Owner's contact information
    Gurnee IL 60031 Manchester Dr 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
    Gurnee IL 60031 Manchester Dr Gurnee, IL 60031
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