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Financial
Distress signals
Property profile

4830 Grand Ave Gurnee, IL 60031

OFF-MARKET
Retail space
Property ID
US28-3517782
486 SF 0.58 ac lot Built 2001
Last sale Feb 2026 · $10,149,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple, single-tenant net-leased Walgreens property located at 4830 Grand Ave, Gurnee, IL 60031. The 15,022 square foot building sits on a hard-corner, signalized intersection of Grand Ave and Riverside Dr, boasting over 29,500 vehicles per day. Its prime location benefits from proximity to major traffic generators, including Six Flags Great America and Interstate 94 (a main corridor between Chicago and Milwaukee with over 90,000 VPD at…

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?
$54k
Tax billed · 2023
Assessed value$553k
Assessed land$48k
Assessed improvement$506k
Effective rate9.76%

Value estimate

· Oct 2026
$435k
$392k – $479k

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: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop15.8
HVAC Service13.3
Storage Facility12.6

Location

4830 Grand Ave Gurnee, IL 60031-2618
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
6615 Grand, Gurnee, IL 60031-4591 $2,240,000 Jul 2024 5,460 SF
226 Il Rte 21, Gurnee, IL 60031-3811 $925,000 Feb 2024 1,886 SF
6589 Grand, Gurnee, IL 60031-1643 $3,853,000 May 2022 3,916 SF
4885 Grand, Gurnee, IL 60031-2625 $655,000 Mar 2022 880 SF
1188 Skokie, Gurnee, IL 60031-2906 $1,150,000 Aug 2020 2,400 SF
3540 Grand, Gurnee, IL 60031-3799 $630,000 Sep 2019 4,800 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
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