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Property summary
This exceptional Class A medical office building, situated at 222 S Greenleaf St, Gurnee, IL 60031, offers 23,000 square feet of space in a single-story building constructed in 1997 and extensively renovated in 2023. The property sits on 3 acres of land and is zoned for medical/office use. Five suites are currently available, ranging from 1,200 to 9,050 square feet, with a minimum divisible space of 1,200 square feet. Currently, 10,000 square feet is vacant. The building features dedicated… entryways for tenants, tenant-controlled HVAC systems, prominent pylon and building signage, and ample parking. Its convenient location offers easy access to major transportation arteries, including US Hwy 41 (Skokie Hwy) just two blocks away and I-94 (Tri-State Tollway) 1.5 miles east. Public transportation is readily available via Pace Bus Route #572, providing convenient access to the Waukegan Metra Station. Annual property taxes are $4.54 per square foot. The building does not have elevators. This property presents a unique opportunity for medical professionals seeking high-quality, well-located office space in a thriving community. The building offers market-leading rental rates and build-out options.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 16 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 23,592 SF
- Lot area
- 2.3 ac
- Year built
- 1996
- APN
- 07-24-308-010
- Assessed value · 2023
- $783,904
- Annual tax · 2023
- $76,886
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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