310 Greenleaf StGurnee, IL 60031

Property Details for 310 Greenleaf St

Year built

1998

Construction

FRAME

Lot size

1.98 AC

Property size (Sq ft)

23,256 SF

Property type

Office buildings

APN

07-25-122-001

APU

725122001

Description

This single-story, Class B office building, constructed in 1997, offers 22,936 square feet of space at 310 S Greenleaf St, Gurnee, IL 60031. The property features one building with 6 total suites and ample parking (104 spaces). Two contiguous suites are currently available, ranging from 1,700 to 2,349 square feet. The smaller suite includes seven private offices, a reception area, and a bathroom. The larger suite offers eight private offices, a reception area, a waiting area, two bathrooms, and a kitchen. Both suites benefit from excellent signage and visibility. The building is conveniently located just 10 minutes from Gurnee Mills and boasts multiple access points. This is a professionally managed property with strong co-tenancy, including Northshore Center for Oral and Facial Surgery, Heartland Dental, Northlake Cardiovascular Center, and Eye Care Center of Lake County. This represents the last remaining available suites in the complex, making it a unique opportunity for medical or executive office users seeking a well-established location with convenient amenities and high visibility. The minimum divisible space is 1,700 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $4,199,147

  6.5%

  $3,876,136

  7%

  $3,599,269

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,361,023

  Geo Method

  $3,029,094

• Alternative Use

  Use

  Valuation

  Residential

  $4,806,408

  Hospitality

  $4,402,644

  Educational

  $3,662,948

  Medical

  $3,788,922

  Retail

  $5,697,920

Location Insight

City

Gurnee

County

Lake

State

Illinois

Latitude

42.3561

Longitude

-87.9031

CBSA code

16980

CBSA name

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

Property Tax & Assessments

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