For Sale
$1,749,000

3500 Grand Ave Gurnee, IL 60031

19,000 SF Industrial/Retail Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 19,000 square foot mixed-use property, located at 3500 Grand Ave in Gurnee, Illinois (zip code 60031), presents a compelling investment opportunity. Built in 1988, the building boasts a versatile layout ideal for a variety of uses, previously occupied by a flooring company. The property features one loading dock and one dock-high door, facilitating efficient loading and unloading. Ceiling heights range from 14 to 15 feet, providing ample vertical space. The substantial square footage offers significant expansion room or potential for outdoor storage. Recent improvements include a newer HVAC system and upgrades to the parking lot. This location in Lake County offers excellent potential for retail and warehousing businesses, presenting endless possibilities for the savvy investor. The property's adaptability, coupled with the potential for economic incentives, makes this a truly unique and attractive investment prospect. The building's substantial size and versatile design make it suitable for a wide range of commercial ventures. This is a rare opportunity to acquire a well-located, adaptable property with significant upside potential in a thriving Illinois market.

Highlights

  • $1,749,000 asking price for a 19,000 square foot mixed-use property in Gurnee, IL.
  • 19,000 square feet of net rentable space.
  • Built in 1988 with 14-15 foot ceilings, one loading dock, and one dock-high door.
  • Features include newer HVAC, parking lot improvements, and potential for expansion or outdoor storage.
  • Suitable for retail and warehousing uses; previously occupied by a flooring company.
  • Economic incentives available.

Property Details for 3500 Grand Ave

Property type
Retail properties, Restaurants
Square Feet
19,000 SF
Year Built
1988

Location Insight

City
Gurnee
County
Lake
State
Illinois
Latitude
42.370582560586
Longitude
-87.887467169966

FAQs

What type of property is this?
Retail property - 19,000 SF Industrial/Retail Opportunity
Where is the retail property located?
The property is located at 3500 Grand Ave Gurnee, IL.
What is the asking price?
The asking price for this property is $1,749,000.
What are key features of this property?
This property features: $1,749,000 asking price for a 19,000 square foot mixed-use property in Gurnee, IL.; 19,000 square feet of net rentable space.; Built in 1988 with 14-15 foot ceilings, one loading dock, and one dock-high door.
How can I contact the broker?
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3500 Grand Ave
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