495-505 Rte Gurnee, IL 60031
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.