34491 N Old Walnut Cir Gurnee, IL 60031
Property profile & analytics
34491 N Old Walnut Cir Gurnee, IL 60031
- Retail space
- 10,118 SF
- 1.40 lot acres
Property ID
US28-5287656
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.
Location Intelligence
Current Use by Public Records
- Napoli Michelle / Dental Office
- Gurnee Dental Care / Dental Office
- Gurnee Dental Care: Gary C Kaplan, DDS / Dental Office
- Kent Nicole / Dental Office
- Leo’s Chicago Grill (Gurnee) / Restaurant
Property Details for 34491 N Old Walnut Cir
- Year built
- 1998
- Construction
- FRAME
- Lot size
- 1.40 lot acres
- Property size
- 10,118 SF
- Property type
- Retail space
- APN
- 07-19-401-280
- APU
- 719401280
Description
This exceptional 10,000 square foot commercial property is ideally situated within the bustling Delaware Commons neighborhood center in Gurnee, Illinois. Boasting a prime location with over 23,000 vehicles passing daily, this property ensures maximum visibility and accessibility for your business. Its strategic placement allows for significant exposure to a large potential customer base. The property's proximity to the Warren Township School District provides additional opportunities to connect with the local community. The versatile 10,000 square foot space offers flexibility for various business needs, allowing customization to create the perfect environment. This property presents a unique chance to establish or expand your business within a thriving commercial hub, surrounded by other successful enterprises, fostering a collaborative and supportive atmosphere. The property is ready for immediate occupancy and offers significant potential for growth and success. This is an exceptional opportunity to secure a prominent location in a high-traffic area, providing a strong foundation for your business endeavors. Don't miss this chance to become part of the vibrant Delaware Commons community.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,870,000
- ML approach
- $1,810,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,725,000
- 6.5%
- $1,590,000
- 7%
- $1,480,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,024,000
Market price range: $471k - $2.20M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,285,000 Current use
- OFFICE BUILDING
- $2,380,000 Change: +85% Conversion: Easy
- COMMERCIAL (GENERAL)
- $1,835,000 Change: +43% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,770,000 Change: +37% Conversion: Difficult
- RESTAURANT
- $1,725,000 Change: +34% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,715,000 Change: +33% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,135,000 Change: -12% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Gurnee
- County
- Lake
- State
- Illinois
- Longitude
- -87.9852
- Latitude
- 42.3636
- 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
$52,331
$157,306
$385,600
$542,906
-
$471,965
$1,156,916
$1,628,881
