Skip To Content

    5410 Grand Avenue

    Gurnee, IL 60031
    • $2,395,500
    • STATUS: Active
    • ON SITE: 227 Days
    • MLS #: 11016979
    UPDATED: 11 min ago
    $2,395,500
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 20,179
      SQFT
    • $119
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1990
    County:
    Area:

    School Ratings & Info

    Description

    Located just off I-94 along the main retail corridor of Gurnee, this multi-tenant property is 100% occupied. Unique floor plan has single tenant occupying 60% of 20,000sf space, when 1st occupied in 2019 made significant investment into their own buildout to convert from prior use as church and daycare into professional studio. Current term and extensions run through 2028 along with other two tenants. Additional information available call for details. *NOI is less 5% vacancy factor for comparisons.

    Monthly Payment Calculator



    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2021-10-24T15:00:07.177 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
    www.centralilhomefinder.com/homes/114965332
    Print Image

    5410 Grand Avenue Gurnee, IL 60031

    • Price: $2,395,500
    • Status: Active
    • Updated: 11 min ago
    • MLS #: 11016979
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    20,179
    SQFT
    $119
    $/SQFT
    1990
    Built
    Neighborhood:
    Gurnee
    County:
    Lake
    Area:
    Gurnee
    Property Description
    Located just off I-94 along the main retail corridor of Gurnee, this multi-tenant property is 100% occupied. Unique floor plan has single tenant occupying 60% of 20,000sf space, when 1st occupied in 2019 made significant investment into their own buildout to convert from prior use as church and daycare into professional studio. Current term and extensions run through 2028 along with other two tenants. Additional information available call for details. *NOI is less 5% vacancy factor for comparisons.
    Exterior Features

    Outdoor Parking Over 100 Spaces Parking Total 100

    Interior Features

    Cooling Central Individual Heat Ventilation Central Heat/Indiv Controls Number Of TLDocks 0

    Property Features

    Additional Parcels YN No Building Area Total 20179 Current Use CommercialDevelopment Electric 201-600 Amps480V Power3 Phase Fire Protection Sprinklers-Wet Gross Income 259886 Gross Scheduled Income 0 Leasable Area 0 Net Operating Income 169189 Number Of Tenants 3 Operating Expense 29956 Property Offered For Sale Only Property Sub Type Neighborhood Storefront Tax Annual Amount 51836 Tax Year 2019 Tenant Pays Common Area MaintenanceElectricityHeatJanitorial ServiceTaxesInsuranceRepairsScavengerSewer Township Warren Type Retail/Stores Zoning Rtail

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Keller Williams Onechicago.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2021-10-24T15:00:07.177 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    Logo
    Ryan Dallas Real Estate
    4112C Fieldstone Road
    Champaign IL, 61822