Properties

Features
: Central Air , Central Individual
: Carpet
: Electric to Site , Gas to Site , Water to Site
Address Map
US
IL
Lake
Gurnee
60031
Washington
6475
Street
W88° 5' 52.7''
N42° 22' 13.1''
Near corner Hunt Club & Washington Street.
Gurnee
Gurnee
OFFIC
Additional Information
15250
: Commercial
Service - 101 to 200 Amps
Service - 101 to 200 Amps
280X668
6
6
1
Coldwell Banker Commercial NRT
Paul Proano
Financial
57689
Listing Information
371192
37951
MRED
Listing Information
Active
2024-08-17T08:27:47Z
2023-10-20T05:06:02Z
Property Description

Introducing the Hunt Club Professional Building, now available for sale in Gurnee, IL. This premier property features a six-unit, 15,088 rentable square foot office building, currently 77% occupied by four stable tenants. The average lease term exceeds 7 years, with all tenants on triple net leases, minimizing landlord responsibilities and ensuring steady cash flow with annual rent increases that act as a hedge against inflation. For added potential, the property includes two vacant suites, offering immediate upside through lease-up and stabilization. Additionally, there is an opportunity to develop an adjacent 20,137 square feet (.46 acres) of vacant buildable commercial land, conveniently located behind the parking lot. This land could accommodate another office property or potentially be rezoned for residential use, expanding the property’s value and flexibility. Don’t miss out on this exceptional investment opportunity in a prime location with strong tenant stability and future development potential.

Commercial Sale For Sale

, Gurnee, Lake County, Illinois 60031, USA

  • Lot Size: 3.75 Acre
$3,150,000
Listing ID#11908928
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 11908928
Price : $3,150,000
Year Built : 2000
Lot Size : 3.75 Acre
Listing Status : Active
Property Sub Type : Medical,Office
Contact Agent