Thank you
Paul Proano
Coldwell Banker Commercial NRT
312-860-4043
Pleased present this 1.18-acre property in Gurnee, IL on Washington St. Currently the property is zoned R-1 residential and can potentially be rezoned to commercial. Location could be a multifamily apartment building, office, or any other type of commercial property with approvals from Gurnee. Utilities are to the site and sewer is 400-500 feet away. Within 1.5 of the subject property, local attractions include the famous Gurnee Mill Mall, Walmart Supercenter, Sam's Club, Mariano's Grocery Store and Six Flax Great America. This property provides investors the opportunity to acquire a net leased office building in a strong northwest Chicago market. The net lease structure is ideal for a "hands off" where the tenants are responsible for all aspects of management. Additionally, the vacant suite provides immediate ability to increase the value once occupied.
Lot Dimensions: 165 X 367
Lot Acres: 1.18
Lot Size: 1.0-1.99 Acres
Property Type: Land
Sub Type: Land
Original List Price: $220000
Annual Tax: $1593
Tax Year: 2022
Parcel Number: 07212000530000
Tax Exemption: None
Elementary School: Woodland Elementary School
Junior High School: Woodland Middle School
Senior High School: Warren Township High School
Electric to Site, Gas to Site, Septic System Required, Water-Municipal, Water to Site
City: Gurnee
Direction: Washington St, W of 21 on Right Just before Cemetery Rd
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Kenwood Avenue, Gurnee, IL,60031 | $40,000 | -- | -- | -- | 0.37 Acre |
1577 N Dilleys Road, Gurnee, IL,60031 | $235,000 | -- | -- | -- | -- |
Manchester Drive, Gurnee, IL,60031 | $320,000 | -- | -- | -- | 0.66 Acre |
Johns Manville Avenue, Gurnee, IL,60031 | $65,000 | -- | -- | -- | 0.43 Acre |
Normandy Road, Gurnee, IL,60031 | $88,000 | -- | -- | -- | 0.65 Acre |
292 Jennifer Court, Gurnee, IL,60031 | $400,000 | 3 | 3 | 2,229 | -- |
17925 W Stearns School .., Gurnee, IL,60031 | $895,000 | -- | -- | -- | 18.91 Acres |
6091 Washington Street, Gurnee, IL,60031 | $599,999 | -- | -- | -- | 6.44 Acres |
6741 E Monticello Court, Gurnee, IL,60031 | $269,900 | 2 | 2 | 1,603 | -- |
36396 N Skokie Highway, Gurnee, IL,60031 | $8,000,000 | -- | -- | -- | 17.53 Acres |
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Based on information submitted to the MLS GRID as of 04/30/2024 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 04/30/2024 @ 06:20
MLS: MRED #11909209
LISTED BY: Paul Proano, Coldwell Banker Commercial NRT
SOURCE: Midwest Real Estate Data LLC (MRED)
Buyer Agency Compensation: 2.5% OF NET(MINUS $495)
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.