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    4343 Old Grand Ave Gurnee, IL 60031

    Sponsored
    For Lease
    $10 SF/Yr

    Prime Gurnee location, renovated medical/office suites

    Lot size:
    24,518 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    The Viking Square Professional Center, located at 4343 Old Grand Ave, Gurnee, IL 60031, offers exceptional office space in a highly desirable location. This two-story, 24,518 square foot building boasts a prime location on Old Grand Avenue, providing excellent visibility and convenient access to Route 132, Route 41, and Route 21. The property underwent a complete renovation in 2018, featuring updated interiors and landscaping to create a modern and impressive environment for tenants and their clients. The building includes 112 parking spaces and elevators for easy access to all floors. Multiple tenancy options are available, with spaces ranging from 391 to 2,616 square feet, and a minimum divisible space of 1,200 square feet. Built in 1978, this well-maintained property is ideal for a variety of businesses, including medical and traditional office uses. Its location in Gurnee, a thriving suburb of Chicago, offers proximity to major attractions like Six Flags Great America and Gurnee Mills, as well as numerous shopping and dining options. This presents a unique opportunity to establish a presence in a vibrant and accessible community. The property sits on 3.48 acres of land.

    Property Features for 4343 Old Grand Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,518 SF
    Total Rate
    20431.67

    Building Details

    Year Built/Renovated
    1978/2018
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 100
    Size
    2,616 SF
    Rate per SF
    $10
    Space
    Suite 105
    Size
    1,245 SF
    Rate per SF
    $10
    Space
    Suite 209
    Size
    1,060 SF
    Rate per SF
    $17
    Space
    Suite 205
    Size
    391 SF
    Rate per SF
    $18
    Space
    Suite 103
    Size
    1,211 SF
    Rate per SF
    $15

    HighLights

    • Extensive interior and exterior renovations recently completed.
    • Medical and non‑medical tenants are welcome.
    • Second‑floor access via stairs and elevator.
    • Suites 100 & 105 are medical‑ready, saving tenant build‑out costs.
    • Suite 209 offers open space, LVP flooring, and abundant natural light overlooking Viking Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    David G Schmeissing: ... Insurance Agency DR. EMILIO CARRILLO, ... Dental Clinic Adore Essence Massage ... Massage Therapist VIKING SQUARE MEDICAL ... Corporate Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Gurnee
    County
    Lake
    State
    Illinois
    Longitude
    -87.9112997
    Latitude
    42.3703052

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    FAQs

    What type of property is this?
    Medical office - Prime Gurnee location, renovated medical/office suites
    Where is this medical office located?
    The property is located at 4343 Old Grand Ave Gurnee, IL.
    What is the lease rate?
    The lease rate is $10-$18 SF/Yr.
    What are key features of this property?
    This property features: Extensive interior and exterior renovations recently completed.; Medical and non-medical tenants are welcome.; Second-floor access via stairs and elevator.
    Request Owner's contact information
    4343 Old Grand Ave 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
    4343 Old Grand Ave Gurnee, IL 60031
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