Grand Ave Gurnee, IL 60031
- Retail properties
- 5,515 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Grand Ave
- Year built
- 1965
- Property size
- 5,515 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional 5,515 square foot retail storefront building, situated on a 19,166 square foot lot in Gurnee, Illinois, presents a remarkable investment opportunity. Located at a signalized intersection on Grand Avenue, this property boasts unparalleled visibility and accessibility. The building, constructed in 1965, is zoned C2 -EGG and offers a single unit currently vacant, providing flexibility for various uses. With a price per square foot of $144.15, this property is priced to sell. The high-traffic location sees nearly 30,000 vehicles per day on Grand Avenue, and serves a population of nearly 100,000 within a 3-mile radius. A large pylon sign and full access to both Grand Avenue and Belle Plaine Avenue further enhance its appeal. This property is ideal for redevelopment, sale, or lease, offering significant potential for a discerning investor. The property's APN is 0713421017. This is a triple net (NNN) lease opportunity.
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
- -87.8899
- Latitude
- 42.3707
