Financial
Distress signals
Property profile

401 Riverside Dr Gurnee, IL 60031

OFF-MARKET
Retail space
Property ID
US28-2426396
23,275 SF 8.24 ac lot Built 1989
Last sale Dec 2025 · $7,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A retail property in Gurnee, Illinois, offering space ranging from 1,200 to 9,300 square feet within a building that is occupied by long-term tenants. The site includes ample on-site parking and is accessed via Milwaukee Avenue near Great America.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$164k
Tax billed · 2023
Assessed value$1.31M
Assessed land$700k
Assessed improvement$613k
Effective rate12.48%

Value estimate

· Sep 2026
$820k
$738k – $902k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$127/SF
County average, outlier-cleaned · 251 recorded sales of this use type
Observed band · Q1–Q3$47 – $218

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop15.8
Building Supply15.8
Auto Repair Shop15.0

Location

401 Riverside Dr Gurnee, IL 60031-5907
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6517 Grand, Gurnee, IL 60031-1643 $16,850,000 Nov 2023 52,160 SF
6557 Grand, Gurnee, IL 60031-1607 $6,715,000 Apr 2023 21,395 SF
7500 Grand, Gurnee, IL 60031-1585 $2,700,000 Jun 2022 23,692 SF
5410 Grand, Gurnee, IL 60031-1735 $2,170,000 Apr 2022 20,179 SF
34491 Old Walnut, Gurnee, IL 60031-4603 $1,640,000 Aug 2021 10,118 SF
18824 Grand, Gurnee, IL 60031 $4,447,500 Nov 2020 20,286 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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