Technical
Financial
Distress signals
Property profile

7500 Grand Ave Gurnee, IL 60031

OFF-MARKET
Banks
Property ID
US28-4842459
23,692 SF 2.25 ac lot Built 1991
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1991
Construction BRICK
Total area 23,692 SF
Lot 2.25 ac (98,097 SF)
APN 07-07-400-019
UPID US28-4842459

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
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Dental Office
  • Bank Loan Service
  • Electronics & Wireless Store
  • Construction Company General Contractor

Location

7500 Grand Ave Gurnee, IL 60031-1585
Gurnee metro Census 861604 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.86M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.87M

Owner & transaction history

since 2022
Last sale
$2.7M
1 recorded transaction
2022
$2.7M

Zoning & alternative use

Top alternative use upside
Commercial (general) $3.4M +85.5%
Restaurant $2.3M +24.1%
Medical building $2.0M +10.6%

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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