2030 Grand Ave Lindenhurst, IL 60046
- Banks
- 4,292 SF
- 1.33 lot acres
Current Use by Public Records
- Banks
Property Details for 2030 Grand Ave
- Year built
- 2007
- Construction
- BRICK
- Lot size
- 1.33 lot acres
- Property size
- 4,292 SF
- Property type
- Banks
- APN
- 06-02-213-045
- APU
- 602213045
Description
This exceptional 4,292 square foot retail property, located at 2030 E Grand Ave in Lindenhurst, Illinois, presents a unique investment opportunity. Built in 2007, this single-tenant building sits on a 1.42-acre lot and is ideally situated for continued success. The current lease agreement extends until March 2037, providing long-term stability and predictable income. The property's flexible design allows for subdivision, with the potential to create two separate 2,146 square foot spaces, catering to a wider range of potential tenants. Lindenhurst's thriving business environment, home to over 30 Fortune 500 companies across diverse industries, ensures a strong market for retail ventures. The property benefits from its convenient location just west of Gurnee Mills Mall, the largest outlot and shopping destination in the area, guaranteeing high visibility and foot traffic. This presents a compelling opportunity for investors seeking a stable, long-term investment in a prime retail location within a robust economic environment. The property's size and flexibility make it suitable for a variety of retail uses, offering significant potential for future growth and profitability. The zip code is 60046.
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
- Lindenhurst
- County
- Lake
- State
- Illinois
- Longitude
- -88.0324
- Latitude
- 42.4101
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA