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    FOR SALE
    Office buildings

    1125 N Delany Rd, Gurnee, IL 60031

    4,180 SF 0.3 ac lot Built 2001
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US28-5661386
    Property summary
    AI-generated overview

    This exceptional Class A medical office building in Gurnee, IL, offers 4,180 square feet on a 0.3-acre lot. Boasting a high-end, home-like design, it features a secure entrance, cameras, and a Concord elevator. The first floor includes a welcoming reception area, six office/treatment rooms, two ADA-compliant bathrooms, two utility rooms, and two storage rooms. The 2020-installed Respicaire Oxy 4 Plasma Air Scrubbers enhance air quality. Upstairs, find versatile open spaces with high ceilings, a large conference room, and a full kitchen with a wet bar. The building benefits from abundant natural light, high ceilings, and a flowing interior layout. Its prime location just south of Route 41 and Delany Road offers excellent visibility and access to major transportation routes between Chicago and Milwaukee, with high daily traffic volume on both roads. Ample parking accommodates 15 vehicles. Recent upgrades include a new 2023 roof and professional landscaping. The building's 200+ amp electrical system and pre-wired music system in first-floor offices add to its appeal. The property is zoned O-1, allowing for diverse commercial uses, including medical, professional, or even redevelopment into four separate units with individual utilities. This turnkey opportunity is perfect for owner-occupancy or investment.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2001
    Construction FRAME
    Total area 4,180 SF
    Lot 0.3 ac (12,855 SF)
    APN 07-13-305-002
    UPID US28-5661386
    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
    Current use
    Occupant on record · Public records
    • Ganfield Therapeutics Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $665k
    Owner & transaction history
    1125 Delany LLC · 7 yrs held
    1125 Delany LLC
    since 2019
    3 recorded transactions
    2019
    2010
    2003
    $349,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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