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Gurnee Mixed-Use Development Opportunity
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5101 Washington St, Gurnee, IL 60031

Mixed-use development with office, retail, and restaurant spaces available.

Space Size2,000 SF
Property Size80,000 SF
Days on Market1324

Property Features for 5101 Washington St

General Information

Standard status Active
Size 2,000 SF
Property subtype Retail, Office

Building Details

Building Size 80,000 SF
Tenancy Multiple

Spaces For Lease

at 5101 Washington St Contact us

2J

Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
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Space 24

Size
2,000 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
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1101

Type
Office, Retail
Availability
Active
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2I

Type
Office
Availability
Active
Contact us
Listing Agency: Marling Management, Inc.
Listed By: Mike Marling · License #471.003389
Source: Crexi
Added: Jan 19, 2023 Changed: Aug 13 Last Checked: Sep 2 at 6:40AM

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 Marling Management, Inc.

Investment Insights

Based on property information with market context.

This well-known mixed-use development in Gurnee offers exposure on Route 21 and Washington Street. The property features office, retail, restaurant, and mini office suites. The site has on-site management, and plentiful parking. The tenant mix includes many long-time tenants.

Key Highlights

  • Great exposure to Rte 21 and Washington Street
  • Plentiful parking
  • Benefit from the on‑site management office

Property Analytics

Current Use

Peoples Home Equity Loan Service Beyond Rehab LLC Physician Lake County Pvt ... Social Service Agency Excellence In Dentistry Dental Office ellio Wealth Advisors ... Financial Advisor

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

483
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use development with office, retail, and restaurant spaces available.
Where is this mixed-use property located?
The property is located at 5101 Washington St Gurnee, IL.
What are key features of this property?
This property features: Great exposure to Rte 21 and Washington Street; Plentiful parking; Benefit from the on‑site management office
More about this property
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