Property profile

7501 Grand Ave Gurnee, IL 60031

OFF-MARKET
Retail space
Property ID
US28-1361379
13,802 SF 2.1 ac lot Built 1997
Entity Owned 14-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Construction BRICK
Total area 13,802 SF
Lot 2.1 ac (91,476 SF)
APN 07-18-202-050
UPID US28-1361379

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
  • Atm
  • Physician
  • Atm
  • Physician
  • Physician

Location

7501 Grand Ave Gurnee, IL 60031-1551
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$600k

Owner & transaction history

since 2011
2 recorded transactions
2011
$3.4M
2000
$3.1M

Zoning & alternative use

Top alternative use upside
Auto repair, garage $2.4M +37.4%
Restaurant $2.4M +34.1%
Warehouse, storage $2.3M +33.2%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7501 Grand Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message