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Property profile & analytics
OFF-MARKET
Office Spaces

495-505 Rte Gurnee, IL 60031

3,565 SF
Property ID
Property summary
AI-generated overview

This exceptional office property, located at 495-505 N. IL Rte. 21 in Gurnee, Lake County, offers a total of 3,565 square feet of meticulously maintained space. Currently, 2,390 square feet are available for immediate occupancy, providing a fantastic opportunity for businesses seeking flexible and adaptable work environments. The building features six available suites ranging in size from 150 square feet to 2,440 square feet, catering to a variety of business needs and scales. Each suite boasts clean and classy interiors, complete with operational windows, ensuring a bright and comfortable workspace. The existing layouts are functional and ready for immediate occupancy, minimizing downtime and maximizing productivity. The property is ideally suited for both medical and traditional office uses, offering a versatile solution for diverse businesses. Furthermore, the property benefits from abundant parking, providing convenient access for employees and clients alike. This is a value-added opportunity to secure prime office space in a desirable location. The building's multiple tenancy structure allows for a diverse and thriving community of businesses.

Property profile
Verified
Property type Office Spaces
Total area 3,565 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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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