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1475 Dilleys Rd Gurnee, IL 60031-1708

OFF-MARKET Retail space Google Maps
20,907 SF 2.96 ac lot Built 2006
Entity Owned Absentee Owner ~ Est. High Equity
Estimated value (blended)
$800k
Range $720k – $880k (±10%)
Property ID US28-0705019

Property summary

AI-generated overview

Pinewood Crossing, located at 1475 N Dilleys Road in Gurnee, Illinois, presents a fantastic opportunity for businesses seeking retail or industrial space. This 60,031 square foot strip center, built in 2007, offers multiple tenancy options with a minimum divisible space of 1,280 square feet and a maximum contiguous space of 3,840 square feet. Two spaces are currently available. The property boasts a convenient location in Lake County, zip code 60031, with ample parking for 150 vehicles. The building features a 14-foot ceiling height, providing excellent vertical space for various business needs. Each unit benefits from a robust 200-amp electrical service. This well-maintained property is ideal for a variety of businesses seeking a strategic location in a thriving area. The property's accessibility and ample parking make it an attractive option for customers and employees alike. Its versatile space allows for customization to suit individual business requirements. Interested parties are encouraged to inquire about available space and lease terms. This is a rare opportunity to secure prime commercial real estate in a desirable location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Construction FRAME
Total area 20,907 SF
Lot 2.96 ac (128,763 SF)
APN 07-15-100-123
UPID US28-0705019

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Hair Salon
  • Veterinary Clinic
  • 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
$800k

Owner & transaction history

since 2025
Last sale
$4.9M
3 recorded transactions
2025
$4.9M
2017
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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