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34498 N Old Walnut Circle Gurnee, IL $ 1,190,000
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$ 1,190,000 Get more info
34498 N Old Walnut Circle
$ 1,190,000
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34498 N Old Walnut Circle

Gurnee, IL, 60031
$ 1,190,000
Baths0.0 Sq 7,000

Monthly Estimate*

$ 7,909

34498 N Old Walnut Circle, Gurnee, IL 60031 - Image 1
34498 N Old Walnut Circle, Gurnee, IL 60031 - Image 2
34498 N Old Walnut Circle, Gurnee, IL 60031 - Image 3
34498 N Old Walnut Circle, Gurnee, IL 60031 - Image 4
34498 N Old Walnut Circle, Gurnee, IL 60031 - Image 5
34498 N Old Walnut Circle, Gurnee, IL 60031 - Image 6
34498 N Old Walnut Circle, Gurnee, IL 60031 - Image 7
Studio

Commercial Property for sale in Gurnee, IL

for $1,190,000. This 7,000 square foot building was built in 2004 on a lot size of 0.8632.

Located in unincorporated Gurnee, IL, with its lower taxes, presents an even more appealing investment opportunity. Fully leased! The flexibility of having approval for retail users alongside its current office tenant mix suggests potential for adapting to market demands. With its recent construction and excellent condition, investors can anticipate minimal capital improvements, making it an attractive option for those seeking a low-maintenance investment with the potential for solid returns. PROPERTY HIGHLIGHTS b b b b b High traffic counts 22,500 cars per day Class B retail/office building Well maintained building All new leases on each tenant Ask for our OM to evaluate this investment. 04

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Commercial Active

Price

$ 1,190,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 27,503

Style

Lot Size

0.8632

Year Built

2004

Town/City

Gurnee

County/Region

Lake

MLS | Web ID

12056802
Features
General
Cooling Central Air
Zoning RTAIL
Year Built 2004
Electric Service - 101 to 200 Amps
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Taxes Insurance Sewer Other Varies by Tenant
Stories 1
Property SubType Neighborhood Storefront
Tax Year 2022
Gross Income 117885
County Lake
Net Operating Income 78058
Property Type Commercial Sale Retail/Stores
Status Active
Directions This property is located on the South corner of Washington St. and North Old Walnut Circle in Gurnee IL.
City Gurnee
NumberOfUnitsTotal 4
MLS Area Gurnee
Lot Size Square Feet 37601
Street Name Old Walnut
Tax Annual Amount 27503
Additional Parcels Y/N N
Leasable Area 0
Days on Market 8
Lease Type N/A
Standard Status Active
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Exterior
Building Area Total 7000
Lot Dimensions 235 X 160
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Interior
Street Suffix Circle
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* Excluded Features
List By
Keller Williams North Shore West

Broker

rsatten@kw.com

Email

Affordability Calculator

$10,201
Per Month
78%
22%
0%
Monthly Principal & Interest
$7,909
Monthly Property Taxes
$2,292
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/15/2024$1,190,000 Listed Price

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34498 N Old Walnut Circle, Gurnee, IL, 60031 is a Commercial Property for sale at $1,190,000 with 7,000 sqft and a lot size of 0.8632. 34498 N Old Walnut Circle is a studio with 0.0 baths and was built in 2004. The property's zip code is 60031 which is in Gurnee, IL

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