0 Tri State Pkwy Gurnee, IL 60031
This exceptional 16.5-acre commercial land parcel presents a unique development opportunity in the thriving Village of Gurnee, Illinois. Located on Tri-State Parkway, this property boasts unparalleled access to the Interstate Highway System, providing strategic distribution capabilities to a significant portion of the US population. Within a five-hour drive, businesses can reach approximately 10% of the national market. The property is zoned O2, offering flexibility for a variety of commercial uses. Its expansive size allows for substantial development potential, catering to large-scale projects requiring significant acreage. The strategic location, combined with the generous lot size and favorable zoning, makes this an ideal investment for businesses seeking a prominent presence in a high-growth area. The address is 0 Tri-State Parkway, Gurnee, IL 60031, situated in Lake County. The asking price for this exceptional property is $2,100,000. This is a rare opportunity to acquire a substantial commercial land parcel with exceptional access and development potential. Don't miss out on this chance to secure a prime location for your next venture.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.