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Financial
Distress signals
Property profile

3701 Grand Ave Gurnee, IL 60031

OFF-MARKET
Retail space
Property ID
US28-2910972
11,734 SF 0.76 ac lot Built 1989
Trust Owned Owner of record is a trust. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$33k
Tax billed · 2023
Assessed value$342k
Assessed land$107k
Assessed improvement$235k
Effective rate9.76%

Value estimate

· Oct 2026
$505k
$455k – $556k
Submarket $/SF estimate$1.27M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$127/SF
County average, outlier-cleaned · 251 recorded sales of this use type
Observed band · Q1–Q3$47 – $218

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.9
Convenience Store9.7
Carpet & Flooring Store8.9

Location

3701 Grand Ave Gurnee, IL 60031-2966
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5410 Grand, Gurnee, IL 60031-1735 $2,170,000 Apr 2022 20,179 SF
34491 Old Walnut, Gurnee, IL 60031-4603 $1,640,000 Aug 2021 10,118 SF
6300 Grand, Gurnee, IL 60031-4538 $4,825,000 May 2021 9,160 SF
18824 Grand, Gurnee, IL 60031 $4,447,500 Nov 2020 20,286 SF
4641 Old Grand, Gurnee, IL 60031-2623 $245,000 Feb 2020 8,047 SF
6440 Grand, Gurnee, IL 60031-5257 $10,675,000 Jun 2019 9,155 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $955,000
    10,400 SF
    726 Il Rte 21
    RETAIL STORES (PERSONAL SERVICES)
    726 Il Rte 21, Gurnee, IL 60031-3835
    View Details
  • Value Estimation
    $1,115,000
    14,976 SF
    3615 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)
    3615 Grand Ave, Gurnee, IL 60031-3769
    View Details
  • Value Estimation
    $5,130,000
    9,160 SF
    6300 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)
    6300 Grand Ave, Gurnee, IL 60031-4538
    View Details
  • Value Estimation
    $290,000
    8,047 SF
    4641 Old Grand Ave
    RETAIL STORES (PERSONAL SERVICES)
    4641 Old Grand Ave, Gurnee, IL 60031-2623
    View Details
  • Value Estimation
    $655,000
    7,360 SF
    6650 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)
    6650 Grand Ave, Gurnee, IL 60031-1612
    View Details
  • Value Estimation
    $910,000
    6,996 SF
    6631 Grand Ave
    RETAIL STORES (PERSONAL SERVICES)
    6631 Grand Ave, Gurnee, IL 60031-5284
    View Details

Similar Nearby for Sale

  • Contact for pricing
    11,581 SF
    Freestanding Retail Building
    Established retail property with a substantial commercial footprint and an indicated 6.65% CAP rate.
    7010 Grand Ave., Gurnee, IL 60031
    View Details
  • Contact for pricing
    7,200 SF
    Office Building with Retail Space
    C-2 PUD-zoned property with flexible office and retail space.
    6021 W. Washington St., Gurnee, IL 60031
    View Details
  • Contact for pricing
    3,260 SF
    Single-Tenant NNN Ground Lease
    New-construction bank branch includes double drive-through service and tenant-paid operating, maintenance, and capital costs.
    7320 Grand Avenue, Gurnee, IL 60031
    View Details
  • Contact for pricing
    Gurnee Town Center Retail Space
    Dominant power center in Gurnee's regional trade area.
    7105 Grand Avenue, Gurnee, IL 60031
    View Details

Similar Nearby for Lease

  • New
    Contact for pricing
    Street-Facing Retail Space
    Retail space is available for lease at the northwest corner of Grand Avenue and Riverside Drive.
    4930 Grand Ave, Gurnee, IL 60031
    View Details
  • Contact for pricing
    65,819 sqft
    Gurnee Retail Anchor Opportunity
    65,819 SF ground level retail space in Gurnee, Illinois.
    6136 West Grand Avenue, Gurnee, IL 60031
    View Details
  • Contact for pricing
    Neighborhood Retail Suite
    Flexible commercial unit with private offices, reception space, and an open work area.
    34498 N Old Walnut Circle, Gurnee, IL 60031
    View Details
  • Contact for pricing
    Adaptable Retail Space
    Existing dental-office improvements support medical, professional, service, or retail occupancy within a neighborhood shopping center.
    34491 N Old Walnut Circle, Gurnee, IL 60031
    View Details
  • Contact for pricing
    Mixed-Use Property with Outlot
    Commercial zoning supports retail, office, warehouse, self-storage, and drive-through uses by special permit.
    3575 Grand Avenue, Gurnee, IL 60031
    View Details
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