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34498 N Old Walnut Circle

Gurnee, IL 60031
  • $1,025,000
  • STATUS: Active
  • ON SITE: 261 Days
  • MLS #: 12332647
UPDATED: 128 min ago
$1,025,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2004
County:
Area:

School Ratings & Info

Description

Strategic Investment Opportunity in Gurnee, IL. Located in unincorporated Gurnee-an area known for its favorable tax rates - this property presents a compelling investment opportunity. Flexible zoning accommodates both retail and office tenants, allowing for seamless adaptation to shifting market demands. Recently constructed and in excellent condition, making it an ideal low-maintenance asset with strong potential returns. Building was designed to have 6 units. Current configuration is 3 units. Unit A has a lower basement. Now Leasing: Take advantage of our last available unit-1,500 SF. Don't miss this opportunity to secure space in a thriving, versatile commercial location. 2500 Sqft Basement.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2026-01-15T03:47:43.443 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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34498 N Old Walnut Circle Gurnee, IL 60031

  • Price: $1,025,000
  • Status: Active
  • On Site: 261 Days
  • Updated: 128 min ago
  • MLS #: 12332647
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2004
Built
Neighborhood:
Lake
County:
Lake
Area:
Lake
Property Description
Strategic Investment Opportunity in Gurnee, IL. Located in unincorporated Gurnee-an area known for its favorable tax rates - this property presents a compelling investment opportunity. Flexible zoning accommodates both retail and office tenants, allowing for seamless adaptation to shifting market demands. Recently constructed and in excellent condition, making it an ideal low-maintenance asset with strong potential returns. Building was designed to have 6 units. Current configuration is 3 units. Unit A has a lower basement. Now Leasing: Take advantage of our last available unit-1,500 SF. Don't miss this opportunity to secure space in a thriving, versatile commercial location. 2500 Sqft Basement.
Exterior Features

Foundation Details Concrete Perimeter Outdoor Parking 19-30 Spaces

Interior Features

Cooling Central AirCentral Individual Heat Ventilation Central Heat/Indiv ControlsForced AirGas Number Of TLDocks 0

Property Features

Additional Parcels YN No Association Fee Frequency Not Applicable Building Area Total 6000 Current Use CommercialOffice Electric Service - 101 to 200 Amps Fire Protection Fire Extinguisher/sHydrants On SiteSprinklers-Wet Gross Income 87694 Gross Scheduled Income 132715 Leasable Area 6000 Mls Actual Status Active Net Operating Income 84521 Number Of Tenants 2 Operating Expense 48195 Property Offered For Sale or Rent Property Sub Type Neighborhood Storefront Rental Price 15 Tax Annual Amount 28956.4 Tax Year 2024 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatTaxesInsuranceSewer Total Monthly Income 7307 Township Warren Type Retail/Stores Zoning RTAIL

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of Real Broker, LLC: 217-960-8605.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2026-01-15T03:47:43.443 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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