6021 Washington StGurnee, IL 60031

Property Details for 6021 Washington St

Year built

2018

Construction

BRICK

Lot size

0.23 AC

Property size (Sq ft)

7,555 SF

Property type

Office buildings

APN

07-21-401-011

APU

721401011

Description

This exceptional 1,898 square foot creative office space, built in 2018, is located in a vibrant South East corner location at Washington and Cemetery Road, near Six Flags Great America. The single-story, Class B building offers a versatile space with pristine hardwood flooring in the reception area. The unit is vacant and ready for immediate occupancy, requiring only a fresh coat of paint to personalize. Its prime location ensures high traffic and exceptional exposure, making it ideal for businesses seeking visibility and accessibility. The property features a multiple tenancy setup and is conveniently situated near a major attraction, guaranteeing a constant flow of potential customers. This is a unique opportunity to establish a presence in a bustling commercial hub with high foot traffic. The property's Asset Property Number (APN) is 0721401009. This space is perfect for a business looking to establish a strong presence in a high-traffic area. The property is ready for immediate occupancy and offers a blank canvas for your business's unique branding.

• CAP approach

  CAP return

  Valuation

  6%

  $1,364,145

  6.5%

  $1,259,211

  7%

  $1,169,267

• Comparable approach

  Method

  Valuation

  Relative Method

  $767,008

  Geo Method

  $984,039

• Alternative Use

  Use

  Valuation

  Residential

  $1,561,421

  Hospitality

  $1,430,254

  Educational

  $1,189,954

  Medical

  $1,230,878

  Retail

  $1,851,040

Location Insight

City

Gurnee

County

Lake

State

Illinois

Latitude

42.3635

Longitude

-87.952

CBSA code

16980

CBSA name

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

Property Tax & Assessments

FAQs

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