Property profile

6577 GRAND AVE Gurnee, IL 60031

OFF-MARKET
Restaurant
Property ID
US28-2140270
6,936 SF 2.18 ac lot Built 1994
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Property summary

AI-generated overview

This 7,220-square-foot restaurant building is located on a 2.18-acre parcel at a hard corner of Grand Avenue and Hunt Club Road. The site provides visibility and frontage on both roads and is positioned at a high-traffic intersection. It functions as an outlot within the Grand Hunt power center and includes cross-access to an adjacent shopping center anchored by Mariano’s; the Grand Hunt center is anchored by retailers including Target, Home Depot, Ulta, and Jewel-Osco. The property is situated near Gurnee Mills, a large outlet shopping center anchored by Macy’s, Bass Pro Shop, and Marcus Theaters, and is also within driving distance of Six Flags Great America.

Property profile

Verified
Property type Restaurant
Year built 1994
Total area 6,936 SF
Lot 2.18 ac (94,961 SF)
APN 07-17-202-007
UPID US28-2140270

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

Location

6577 GRAND AVE Gurnee, IL 60031
Gurnee metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2022
Last sale
$4.4M
3 recorded transactions
2022
Price N/A
2021
Price N/A
2016
Price N/A
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