Property profile

6631 Grand Ave Gurnee, IL 60031

OFF-MARKET
Retail space
Property ID
US28-2723675
6,996 SF 0.96 ac lot Built 2012
Entity Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2012
Construction BRICK
Total area 6,996 SF
Lot 0.96 ac (41,831 SF)
APN 07-17-201-283
UPID US28-2723675

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
  • Dental Office
  • Dental Office
  • Physician
  • Dental Office
  • Physician

Location

6631 Grand Ave Gurnee, IL 60031-5284
Gurnee metro Census 861609 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
$1.10M
Comparable Approach Comparable
$564k
Blend (final) Blend
$485k

Owner & transaction history

since 2012
3 recorded transactions
2012
$625,000
2010
$525,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.3M +42.7%
Auto repair, garage $1.2M +37.4%
Restaurant $1.2M +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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