34491 Old Walnut CirGurnee, IL 60031
- Retail properties
- 10,118 SF
Property Details for 34491 Old Walnut Cir
- Year built
- 1998
- Construction
- FRAME
- Lot size
- 1.40 AC
- Property size (Sq ft)
- 10,118 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 07-19-401-280
- APU
- 719401280
Description
This exceptional 10,000 square foot commercial property is ideally situated within the bustling Delaware Commons neighborhood center in Gurnee, Illinois. Boasting a prime location with over 23,000 vehicles passing daily, this property ensures maximum visibility and accessibility for your business. Its strategic placement allows for significant exposure to a large potential customer base. The property's proximity to the Warren Township School District provides additional opportunities to connect with the local community. The versatile 10,000 square foot space offers flexibility for various business needs, allowing customization to create the perfect environment. This property presents a unique chance to establish or expand your business within a thriving commercial hub, surrounded by other successful enterprises, fostering a collaborative and supportive atmosphere. The property is ready for immediate occupancy and offers significant potential for growth and success. This is an exceptional opportunity to secure a prominent location in a high-traffic area, providing a strong foundation for your business endeavors. Don't miss this chance to become part of the vibrant Delaware Commons community.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,685,580
- 6.5%
- $2,478,997
- 7%
- $2,301,926
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,588,573
- Geo Method
- $3,321,031
-
Alternative Use
- Use
- Valuation
- Residential
- $2,091,126
- Hospitality
- $1,915,461
- Educational
- $1,593,641
- Medical
- $1,648,448
- Retail
- $2,478,997
Location Insight
- City
- Gurnee
- County
- Lake
- State
- Illinois
- Latitude
- 42.3636
- Longitude
- -87.9852
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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