For Sale
$4,900,000

17150 Washington St Gurnee, IL 60031

Prime Gurnee land, high-density potential.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 34-acre parcel presents a compelling investment opportunity in Gurnee, Illinois. Located at the prominent corner of Washington Street and Hunt Club Road, this vacant land is currently zoned as farmland within unincorporated Lake County, offering significantly lower real estate taxes compared to developed areas. The property boasts a strategic location with high visibility and accessibility, experiencing approximately 31,000 vehicles daily. Its proximity to Gurnee's Park District Complex and the bustling Gurnee Mills retail hub provides exceptional convenience and strong surrounding infrastructure. The site's potential for annexation into the Village of Gurnee opens doors for high-density residential development, including single-family homes, townhomes, or multi-family units. This presents a unique chance to capitalize on the growing demand for housing in this desirable area. The property's size and location make it ideal for a large-scale development project, offering significant returns for the discerning investor. Access to the Illinois Tollway (I-294) ensures excellent connectivity to regional transportation networks. The address is 17150 W Washington Street, Gurnee, IL 60031. The asking price for this remarkable property is $4,900,000.

Property Details for 17150 Washington St

Property type
Land
Lot Size (sq. ft)
1,481,040 SF

Location Insight

City
Gurnee
County
Lake
State
Illinois
Latitude
42.367872
Longitude
-87.966155

FAQs

What type of property is this?
Land - Prime Gurnee land, high-density potential.
Where is the land located?
The property is located at 17150 Washington St Gurnee, IL.
What is the asking price?
The asking price for this property is $4,900,000.
How can I contact the broker?
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17150 Washington St
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