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    Property profile & analytics
    OFF-MARKET Estimated value $2,105,000
    Office buildings

    4343 Old Grand Ave, Gurnee, IL 60031-2767

    20,672 SF 2.9 ac lot Built 1979
    Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US28-3678099
    Property summary
    AI-generated overview

    The Viking Square Professional Center, located at 4343 Old Grand Ave, Gurnee, IL 60031, offers exceptional office space in a highly desirable location. This two-story, 24,518 square foot building boasts a prime location on Old Grand Avenue, providing excellent visibility and convenient access to Route 132, Route 41, and Route 21. The property underwent a complete renovation in 2018, featuring updated interiors and landscaping to create a modern and impressive environment for tenants and their clients. The building includes 112 parking spaces and elevators for easy access to all floors. Multiple tenancy options are available, with spaces ranging from 391 to 2,616 square feet, and a minimum divisible space of 1,200 square feet. Built in 1978, this well-maintained property is ideal for a variety of businesses, including medical and traditional office uses. Its location in Gurnee, a thriving suburb of Chicago, offers proximity to major attractions like Six Flags Great America and Gurnee Mills, as well as numerous shopping and dining options. This presents a unique opportunity to establish a presence in a vibrant and accessible community. The property sits on 3.48 acres of land.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1979
    Construction BRICK
    Total area 20,672 SF
    Lot 2.9 ac (126,455 SF)
    APN 07-23-200-081
    UPID US28-3678099
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • David G Schmeissing: Allstate Insurance Insurance Agency
    • DR. EMILIO CARRILLO, DDS Dental Office
    • Adore Essence Massage & Spa Alternative Medicine Practice Spa & Massage Center
    • VIKING SQUARE MEDICAL & PROFESSIONAL BUILDING Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.31M
    Blend (final) Blend
    $2.11M
    Owner & transaction history
    Sky Bridge Solutions LP · 13 yrs held
    Sky Bridge Solutions LP
    since 2012
    2 recorded transactions
    2012
    $262,000
    2012
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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