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    Property profile & analytics

    505 Hunt Clb Rd Gurnee, IL 60031-2430

    • Assisted living facilities
    • 30,103 SF
    • 11.64 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 29, 2024
    Location Intelligence
    Property ID
    US28-4046601
    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.

    Current Use by Public Records

    • Gurnee Place Memory Care Community / Assisted Living Facility

    Property Details for 505 Hunt Clb Rd

    Year built
    2015
    Construction
    FRAME
    Lot size
    11.64 lot acres
    Property size
    30,103 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    07-21-102-017
    APU
    721102017

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gurnee
    County
    Lake
    State
    Illinois
    Longitude
    -87.9609
    Latitude
    42.3666
    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
    $156,297
    $644,544
    $1,023,563
    $1,668,107
    -
    $1,933,825
    $3,070,996
    $5,004,821

    Comparable in this City

    • Value Estimation by Request
      44,444 SF

      500 Hunt Clb Rd

      HOMES (RETIRED, NURSING) • 44,444 SF
      500 Hunt Clb Rd, Gurnee, IL 60031-2416
      View Details
    • Value Estimation
      $805,000
      39,493 SF

      301 Hunt Clb Rd

      HOMES (RETIRED, NURSING) • 39,493 SF
      301 Hunt Clb Rd, Gurnee, IL 60031-2513
      View Details
    • Value Estimation by Request
      84,687 SF

      5980 Washington St

      HOMES (RETIRED, NURSING) • 84,687 SF
      5980 Washington St, Gurnee, IL 60031-5900
      View Details
    • Value Estimation by Request
      4,164 SF

      731 Illinois Rte

      Medical offices • 4,164 SF
      731 Illinois Rte, Gurnee, IL 60031
      View Details
    • Value Estimation by Request
      3,565 SF

      495-505 Rte

      Medical offices • 3,565 SF
      495-505 Rte, Gurnee, IL 60031
      View Details
    • Value Estimation by Request
      1,432 SF

      731 Il-21

      Medical offices • 1,432 SF
      731 Il-21, Gurnee, IL 60031
      View Details

    Similar Nearby for Sale

    • $1,199,000
      4,180 SF

      Gurnee Medical Office Building

      Class A, 4,180 sq ft, Vacant
      1125 Delany Rd, Gurnee, IL 60031
      View Details
    • $2,434,450
      4,164 SF

      Gurnee Medical Office Condo

      High-yield, stabilized medical office investment.
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    • $3,150,000
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      Hunt Club Professional Center

      Gurnee, IL Office Building Investment
      6475 Washington St, Gurnee, IL 60031
      View Details
    • $320,000

      Gurnee Commercial Land Development

      .66-acre lot, prime Gurnee location.
      Gurnee IL 60031 Manchester Dr, Gurnee, IL 60031
      View Details
    • $1,199,000
      4,180 SF

      Gurnee Medical Office Building

      Class A Medical Office, 4180 sq ft, .3 acres
      1125 Delany Rd, Gurnee, IL 60031
      View Details
    • $598,000

      Gurnee Commercial Land: Prime Location

      High-traffic corner lot, ideal for retail or office.
      35923 Barberry Ln, Gurnee, IL 60031
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      15,088 SF

      Gurnee Office Space for Lease

      Modern Office Suites, Prime Location
      6475 Washington St, Gurnee, IL 60031
      View Details
    • Contact for pricing
      45,000 SF

      Hawkston Hall Office Suites

      Gurnee Office Space: Class A, 45,000 SF
      1800 Nations Dr, Gurnee, IL 60031
      View Details
    • Contact for pricing
      22,936 SF

      Greenleaf Professional Building, Gurnee, IL

      Medical & Executive Office Suites Available
      310 Greenleaf St, Gurnee, IL 60031
      View Details
    • $15 SF/Yr
      23,000 SF

      Greenleaf Medical Office Suites

      Gurnee, IL medical office space available
      222 Greenleaf St, Gurnee, IL 60031
      View Details
    • Contact for pricing
      3,565 SF

      Gurnee Office Suites Available

      Move-in ready spaces, ample parking.
      495-505 Rte 21, Gurnee, IL 60031
      View Details
    • $14 SF/Yr
      4,800 SF

      Gurnee Office Suites for Lease

      Multiple Suites, 522-2128 sq ft
      135 Greenleaf St, Gurnee, IL 60031
      View Details
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    505 Hunt Clb Rd
    Gurnee, IL 60031-2430
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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