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Property profile & analytics
OFF-MARKET
Land

0 Tri State Pkwy Gurnee, IL 60031

16.5 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 16.5 ac (718,740 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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