Washington St Gurnee, IL 60031
- Land
- 10.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Washington St
- Lot size
- 10.00 lot acres
- Property type
- Land
Description
This exceptional 10-acre commercial land parcel in Gurnee, IL, presents a rare investment opportunity. Located at the intersection of Washington Street and Cemetery Road in the township of Warren, it sits in a highly sought-after, developable corridor. Currently generating approximately $70,000 annual income from boat storage, this property offers significant income-generating potential for a variety of commercial ventures. The high traffic count ensures excellent visibility and accessibility. Zoned C-2, this expansive property provides ample space for new construction or expansion of existing businesses. Gurnee offers a thriving economic landscape and strong local support for businesses, making this a prime location for entrepreneurs seeking to establish or expand their operations. The property's strategic location at the corner of two major roads provides outstanding exposure. This is a unique opportunity to secure a place in one of the last highly sought-after developable corridors in Gurnee. The asking price is $1,550,000. The APN is 721100042.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gurnee
- County
- Lake
- State
- Illinois
- Longitude
- -87.9624
- Latitude
- 42.364
