68 Ambrogio DrGurnee, IL 60031

Property Details for 68 Ambrogio Dr

Year built

1993

Construction

BRICK

Lot size

0.79 AC

Property size (Sq ft)

6,858 SF

Property type

Office buildings

APN

07-24-306-006

APU

724306006

Description

This exceptional single-story office building, constructed in 1991, offers 6,850 square feet of versatile space in the desirable Gurnee Business Park. The property features four suites, each approximately 1,750 square feet, allowing for flexibility to accommodate various business needs. A minimum of 1,750 square feet is divisible, with a maximum contiguous space of 3,600 square feet available. Currently, 1,750 square feet is vacant and ready for immediate occupancy. The building boasts a modern brick and concrete exterior and is well-maintained, situated in a highly desirable area. Conveniently located near the intersection of Washington Street and Route 41, the property provides excellent accessibility and visibility. Ample parking is available with 30 spaces provided for tenants and guests. The attractive rental rate includes common area maintenance (CAM) and taxes, offering exceptional value. This property is ideal for businesses seeking a functional, well-located, and cost-effective office solution in Gurnee, Illinois, zip code 60031. The address is 68 Ambrogio Drive, Gurnee, IL. The property is classified as Executive Office, Medical Office, Creative Office, and Traditional Office space, making it suitable for a wide range of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $1,238,293

  6.5%

  $1,143,040

  7%

  $1,061,394

• Comparable approach

  Method

  Valuation

  Relative Method

  $696,246

  Geo Method

  $893,254

• Alternative Use

  Use

  Valuation

  Residential

  $1,417,370

  Hospitality

  $1,298,303

  Educational

  $1,080,173

  Medical

  $1,117,322

  Retail

  $1,680,269

Location Insight

City

Gurnee

County

Lake

State

Illinois

Latitude

42.361

Longitude

-87.8999

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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