Property profile

6310 Grand Ave Gurnee, IL 60031

OFF-MARKET
Retail space
Property ID
US28-0561306
8,990 SF 1.24 ac lot Built 2010
Entity Owned 16-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2010
Construction BRICK
Total area 8,990 SF
Lot 1.24 ac (54,014 SF)
APN 07-16-103-020
UPID US28-0561306

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 Take-out & Catering
  • Take-out & Catering Catering Service
  • Mobile Phone Store Electronics & Wireless Store
  • Bar & Pub
  • Business To Business Service

Location

6310 Grand Ave Gurnee, IL 60031-4519
Gurnee metro Census 861604 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
$1.42M
Comparable Approach Comparable
$859k
Blend (final) Blend
$525k

Owner & transaction history

since 2009
3 recorded transactions
2009
$1.7M
1998
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.6M +42.7%
Auto repair, garage $1.6M +37.4%
Restaurant $1.5M +34.1%

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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