Gurnee, IL 60031 34498 N Old Walnut Circle
$1,100,000
14 more
Presented By: Real Broker, LLC
SQFT • 6,000
Home Details
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.
Presented By: Real Broker, LLC
General for 34498 N Old Walnut Circle
Additional Parcels Y/NNo
CityGurnee
CoolingCentral Air, Central Individual
CountyLake
Current UseCommercial, Office
DirectionsThis property is located on the South Corner of Washington St. and North Old Walnut Circle in Gurnee IL
ElectricService - 101 to 200 Amps
Gross Income123635
Leasable Area1500
Lease TypeNet
Lot Size Square Feet37601
MLS AreaGurnee
Net Operating Income77045
Number Of Units Total3
Operating Expense46590
Property SubtypeNeighborhood Storefront
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusNew
Stories1
Tax Annual Amount27290
Tax Year2023
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Sewer
Total Actual Rent15
TownshipWarren
Year Built2004
ZoningRTAIL
Exterior for 34498 N Old Walnut Circle
Building Area Total6000
Foundation DetailsConcrete Perimeter
Lot Dimensions235 X 160
Additional Details
Price History
