Property profile

4821 Grand Ave Gurnee, IL 60031

OFF-MARKET
Turn key restaurants
Property ID
US28-1436635
7,392 SF 1.65 ac lot Built 1946
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1946
Construction BRICK
Total area 7,392 SF
Lot 1.65 ac (71,874 SF)
APN 07-14-300-066
UPID US28-1436635

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4821 Grand Ave Gurnee, IL 60031-2625
Gurnee metro Census 861509 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$735k
CAP Approach CAP
by Request
Comparable Approach Comparable
$590k
Blend (final) Blend
$710k

Owner & transaction history

since 2023
Last sale
$16,500
7 recorded transactions
2025
Price N/A
2023
Price N/A
2023
$605,000
2022
Price N/A
2019
Price N/A
2018
Price N/A
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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