Gurnee, IL 60031 34498 N Old Walnut Circle

34498 N Old Walnut Circle Gurnee, IL - Image 134498 N Old Walnut Circle Gurnee, IL - Image 234498 N Old Walnut Circle Gurnee, IL - Image 3
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34498 N Old Walnut Circle Gurnee, IL - Image 434498 N Old Walnut Circle Gurnee, IL - Image 534498 N Old Walnut Circle Gurnee, IL - Image 6
Presented By: Keller Williams North Shore West
  • MLS# 12056802
  • 05/15/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 7,000

Home Details

Located in unincorporated Gurnee, IL, with its lower taxes, presents an even more appealing investment opportunity. Fully leased! The flexibility of having approval for retail users alongside its current office tenant mix suggests potential for adapting to market demands. With its recent construction and excellent condition, investors can anticipate minimal capital improvements, making it an attractive option for those seeking a low-maintenance investment with the potential for solid returns. PROPERTY HIGHLIGHTS b b b b b High traffic counts 22,500 cars per day Class B retail/office building Well maintained building All new leases on each tenant Ask for our OM to evaluate this investment. 04
Presented By: Keller Williams North Shore West

Interior Features for 34498 N Old Walnut Circle

Other Interior Features

Street SuffixCircle

General for 34498 N Old Walnut Circle

Additional Parcels Y/NNo
CityGurnee
CoolingCentral Air
CountyLake
Days on Market8
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 Income117885
Leasable Area
Lease TypeN/A
Lot Size Square Feet37601
MLS AreaGurnee
Net Operating Income78058
NumberOfUnitsTotal4
Property SubTypeNeighborhood Storefront
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount27503
Tax Year2022
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Sewer, Other, Varies by Tenant
Year Built2004
ZoningRTAIL

Exterior for 34498 N Old Walnut Circle

Building Area Total7000
Lot Dimensions235 X 160

Additional Details

Price History

Worth Clark

Price $1,190,000
MLS#12056802
List Date 05/15/2024
Property Type Commercial
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