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5410 Grand Avenue Gurnee, IL 60031
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Key Details
Sold Price $2,170,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 20,179 sqft
Price per Sqft $107
MLS Listing ID 11016979
Sold Date 04/14/22
Year Built 1990
Annual Tax Amount $52,921
Tax Year 2020
Lot Dimensions 103X196
Property Description
New Price-Cap Rate 8.33% 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.
Location
State IL
County Lake
Zoning RTAIL
Interior
Cooling Central Individual
Fireplace N
Exterior
View Y/N true
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Bought with Christopher Demas • Leading Edge Realty Advisors
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