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    7010 Grand Ave Gurnee, IL 60031

    Sponsored
    For Lease
    Contact for pricing

    High-traffic location, 1,901 sq ft available.

    Lot size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1,901 square foot retail space is available for lease at 7010 Grand Avenue in Gurnee, Illinois, within a multi-tenant building totaling 12,000 square feet. Built in 1993, the property boasts a prime location on the heavily trafficked Grand Avenue commercial corridor, boasting 32,900 vehicles per day. This storefront offers excellent visibility and accessibility. The property is situated approximately one mile west of the Gurnee Mills Shopping Center and two miles west of Interstate-94, providing convenient access for customers and employees. Strong co-tenancy includes established businesses such as Firestone, Tropical Smoothie Cafe, and Jimano's Pizza. The area is densely populated with numerous retail options, including Walmart, Jewel-Osco, Target, Sam's Club, TJ Maxx, Binny's, Mariano's, The Great Escape, Ross Dress for Less, Burlington, Starbucks, Panda Express, McDonald's, Noodles & Company, Einstein Bros Bagels, Panera Bread, Chili's, Five Guys, Outback Steakhouse, Denny's, Chase Bank, and First American Bank. This location presents a significant opportunity for businesses seeking high visibility and a strong customer base in a thriving retail environment. The property is located in Lake County, Illinois, with a zip code of 60031.

    Property Features for 7010 Grand Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,000 SF

    Building Details

    Year Built
    1993

    Unit(s) available at that property

    Space
    Available space 1
    Size
    1,901 SF

    HighLights

    • 1,901 SF retail space available for lease at 7010 Grand Avenue, Gurnee, IL.
    • High‑visibility storefront on Grand Avenue, with 32,900 vehicles per day.
    • Excellent location, one mile west of Gurnee Mills Shopping Center.
    • Strong co‑tenancy and surrounded by major national retailers including Walmart, Target, and others.
    Property Profile Location Intelligence

    Current Use by Public Records

    Firestone Complete Auto ... Tire Shop Tropical Smoothie Cafe Juice Shop Jimano's Pizzeria Pizza Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Gurnee
    County
    Lake
    State
    Illinois
    Longitude
    -87.9767752
    Latitude
    42.3864567

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, 1,901 sq ft available.
    Where is this retail property located?
    The property is located at 7010 Grand Ave Gurnee, IL.
    What are key features of this property?
    This property features: 1,901 SF retail space available for lease at 7010 Grand Avenue, Gurnee, IL.; High-visibility storefront on Grand Avenue, with 32,900 vehicles per day.; Excellent location, one mile west of Gurnee Mills Shopping Center.
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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
    7010 Grand Ave Gurnee, IL 60031
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