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    222 Greenleaf St Gurnee, IL 60031-5705
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    Property profile & analytics

    222 Greenleaf St Gurnee, IL 60031-5705


    • Office buildings
    • 23,592 SF
    • 2.30 lot acres
    Off-Market
    Property ID
    US28-0819610
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,415,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Vibhakar Shah / Physician
    • Erik Nelson MD / Medical Clinic / Physician
    • Julie Banning / Physician
    • Susan Hansel / Physician
    • CHERYL DENISE HAYDEN / Physician

    Property Details for 222 Greenleaf St

    Year built
    1996
    Construction
    FRAME
    Lot size
    2.30 lot acres
    Property size
    23,592 SF
    Property type
    Office buildings
    APN
    07-24-308-010
    APU
    724308010

    Description

    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.


    Value Estimations

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    • CAP approach

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    • Alternative Use

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    Location Insight

    • Map
    • Local Demand
    City
    Gurnee
    County
    Lake
    State
    Illinois
    Longitude
    -87.9029
    Latitude
    42.3568
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $76,886
    $171,564
    $612,340
    $783,904
    -
    $514,743
    $1,837,204
    $2,351,947
    More about this property
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