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    5410 Grand Avenue

    Gurnee, IL 60031
    • $2,395,500
    • STATUS: Active
    • ON SITE: 62 days
    • MLS #: 11016979
    UPDATED: 0 min ago
    $2,395,500
    • 0
      BEDS
    • 1.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 20,179
      SQFT
    • $119
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1990
    County:
    Area:

    School Ratings & Info

    Description

    Located just off I-94 along the main retail corridor of Gurnee, this multi-tenant property is 100% occupied. Unique floor plan has single tenant occupying 60% of 20,000sf space, when 1st occupied in 2019 made significant investment into their own buildout to convert from prior use as church and daycare into professional studio. Current term and extensions run through 2028 along with other two tenants. Additional information available call for details. *NOI is less 5% vacancy factor for comparisons.

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    © 2021 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 2021-05-12T07:51:40.14 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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    5410 Grand Avenue Gurnee, IL 60031

    • Price: $2,395,500
    • Status: Active
    • Updated: 0 min ago
    • MLS #: 11016979
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.38
    Acres
    20,179
    SQFT
    $119
    $/SQFT
    1990
    Built
    Neighborhood:
    Gurnee
    County:
    Lake
    Area:
    Gurnee
    Property Description
    Located just off I-94 along the main retail corridor of Gurnee, this multi-tenant property is 100% occupied. Unique floor plan has single tenant occupying 60% of 20,000sf space, when 1st occupied in 2019 made significant investment into their own buildout to convert from prior use as church and daycare into professional studio. Current term and extensions run through 2028 along with other two tenants. Additional information available call for details. *NOI is less 5% vacancy factor for comparisons.
    Exterior Features

    Number Of Drive In Doors 0 Number Of TLDocks 0 Outdoor Parking Over 100 Spaces Parking Total 100

    Interior Features

    Cooling Central Individual Electric 201-600 Amps480V Power3 Phase Fire Protection Sprinklers-Wet Heat Ventilation Central Heat/Indiv Controls Leasable Area 0

    Property Features

    Additional Parcels YN No Cap Rate 7.06 Current Use CommercialDevelopment Existing Lease Type N/A Expense Year 2019 Gross Income 259886 Gross Scheduled Income 0 Lot Size Dimensions 103X196 Min Avail Sq Ft Rentable 0 Number Of Tenants 3 Operating Expense 29956 Property Offered For Sale Only Tax Annual Amount 51836 Tax Year 2019 Tenant Pays Common Area MaintenanceElectricityHeatJanitorial ServiceTaxesInsuranceRepairsScavengerSewer Zoning Rtail

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Keller Williams Onechicago.


    © 2021 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 2021-05-12T07:51:40.14 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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