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3816 Grandview Ave

21,168 SF Vacant Industrial Building Gurnee, IL 60031 $1,083,000 ($51/SF)

Investment Highlights

  • High Traffic Area
  • Versatile Space
  • Move-in-ready industrial space

Executive Summary

Attention investors, business owners, automotive shops, auto body shops, fabrication, manufacturing. Fantastic opportunity for a turn key investment! 3816-3840 Grandview. Centrally located between Chicago and Milwaukee in the town of Gurnee. (2) body shops on site, (1)wood shop (1) ,metal fabrication shop these are leased long term tenants ,(1)vacant shop on the lower level. There are possible (6) more units on upper level for rent with receptionist and common area. Beautiful skylights in the hallway that brings in the natural light in the common area. Very cozy offices for many uses. Plenty of parking and outside storage. Rare opportunity on a multiple use property 11 units of income and extra outside lots of storage at this price!!!!

Property Facts

Price $1,083,000
Price Per SF $51
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.40 AC
Rentable Building Area 21,168 SF
No. Stories 1
Year Built 1962
Parking Ratio 0.75/1,000 SF
Clear Ceiling Height 12 FT
No. Drive In / Grade-Level Doors 4

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-13-300-097
Land Assessment
$39,059
Improvements Assessment
$121,203
Total Assessment
$160,262

zoning

Zoning Code I-1 (Industrial Zoning)
I-1 (Industrial Zoning)
  • Listing ID: 31031111

  • Date on Market: 2/23/2024

  • Last Updated:

  • Address: 3816 Grandview Ave, Gurnee, IL 60031

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