Property profile

7255 Grand Ave Gurnee, IL 60031

OFF-MARKET
Automotive properties
Property ID
US28-1182816
26,793 SF 5.78 ac lot Built 1999
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1999
Construction BRICK
Total area 26,793 SF
Lot 5.78 ac (251,777 SF)
APN 07-18-210-025
UPID US28-1182816

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
  • Car Dealership Auto Repair Shop

Location

7255 Grand Ave Gurnee, IL 60031-5270
Gurnee metro Census 861609 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.99M
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.09M
Blend (final) Blend
$5.13M

Owner & transaction history

since 2021
Last sale
$4.5M
7 recorded transactions
2024
Price N/A
2022
Price N/A
2022
Price N/A
2021
$4.5M
2012
Price N/A
2009
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $6.3M +34.7%
Commercial (general) $4.9M +3.8%

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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