Property profile

5572 Grand Ave Gurnee, IL 60031

OFF-MARKET
Retail space
Property ID
US28-5824395
21,579 SF 1.91 ac lot Built 1989
Trust Owned 20-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1989
Construction FRAME
Total area 21,579 SF
Lot 1.91 ac (83,200 SF)
APN 07-15-110-002
UPID US28-5824395

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • (Bike/Boat/Book/etc) Store
  • Take-out & Catering Catering Service
  • Nightclub Bar & Pub

Location

5572 Grand Ave Gurnee, IL 60031-4905
Gurnee metro Census 861508 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.52M
Blend (final) Blend
$770k

Owner & transaction history

since 2006
7 recorded transactions
2017
Price N/A
2006
Price N/A
2006
Price N/A
2006
Price N/A
2006
$2.5M
2004
$1.4M
1969
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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