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    Property profile & analytics

    Gurnee IL 60031 Manchester Dr Gurnee, IL 60031

    • Land
    For Sale
    View listing
    $320,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for Gurnee IL 60031 Manchester Dr

    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gurnee
    County
    Lake
    State
    Illinois
    Longitude
    -87.943
    Latitude
    42.3498

    Comparable in this City

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      34.00 Acres

      17150 Washington St

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      1.91 Acres

      1250 O'plaine Rd

      Land • 1.91 Acres
      1250 O'plaine Rd, Gurnee, IL 60031
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    Similar Nearby for Sale

    • $320,000

      Gurnee Commercial Land Development

      .66-acre lot, prime Gurnee location.
      Gurnee IL 60031 Manchester Dr, Gurnee, IL 60031
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    • $8,000,000
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    Similar Nearby for Lease

    • Contact for pricing

      Prime Gurnee Commercial Land

      17.53 Acres, Single Tenancy, Build-to-Suit Available
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      57,935 SF

      Gurnee Commercial Land Opportunity

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      Retail Space Near Gurnee Mills

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      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
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      3,565 SF

      Gurnee Office Suites Available

      Move-in ready spaces, ample parking.
      495-505 Rte 21, Gurnee, IL 60031
      View Details
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    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
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