$206.56 Per Sq Foot $16,910 est/mo Sourced by Back At You

6475 Washington Street,Gurnee, IL 60031

Gurnee IL, 60031

Share with a friend

Description

Now offering for sale the Hunt Club Professional Building in Gurnee, IL. The subject property is a six-unit 15,088 rentable square foot office building that is currently 77% percent occupied by four tenants. The weighted average lease term of the four tenants is over 7 years. All tenants are operating on triple net leases providing for minimal landlord responsibilities and include annual rent increases as a hedge against inflationary pressures. The two additional vacant suites will give a new potential owner immediate upside through stabilization. Also offered is the additional 20,137 SF or .46 of an acre of vacant buildable commercial land that site behind the parking lot that can be developed into another office property or even rezoned to residential.

Details

MLS#11908928
Listing TypeFor Sale
StyleOffice Building
Sub-TypeResale
StatusActive
Year2000
Days On Site226
Listing Provided ByColdwell Banker Commercial NRT | Paul Proano

Features

SQ Feet15,250
Story(s)1
Units6
ZoningOFFIC
Acreage3.75

Market Activity 60031

The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MRED. All Rights Reserved.

Request a showing

Request a showing

Loading Form
Listings Checked: 13 seconds ago
StateIL
CountyLake
CityGurnee
Zip Code60031
AreaGurnee
Listing VS Median (in 60031)
Price:
$3,150,000
low | high
Med:
$359,900
100% of Average
SqFt:
15,250
low | high
Med:
2,071
100% of Average
$ / SqFt:
$207
low | high
Med:
$174
65.868033999372% of Average
On Site:
226
low | high
Med:
60.000000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 8:01:36 PM PDT