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$ 220,000
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1.18 Acres Lot
$ 220,000
Est. payment | /mo
1.18 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11909209
Annual Tax Amount $1,593
Tax Year 2022
Lot Size 1.180 Acres
Lot Dimensions 165 X 367
Property Description
Pleased present this 1.18-acre property in Gurnee, IL on Washington St. Currently the property is zoned R-1 residential and can potentially be rezoned to commercial. Location could be a multifamily apartment building, office, or any other type of commercial property with approvals from Gurnee. Utilities are to the site and sewer is 400-500 feet away. Within 1.5 of the subject property, local attractions include the famous Gurnee Mill Mall, Walmart Supercenter, Sam's Club, Mariano's Grocery Store and Six Flax Great America. This property provides investors the opportunity to acquire a net leased office building in a strong northwest Chicago market. The net lease structure is ideal for a "hands off" where the tenants are responsible for all aspects of management. Additionally, the vacant suite provides immediate ability to increase the value once occupied.
Location
State IL
County Lake
Area Gurnee
Zoning SINGL
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Septic System Required, Water-Municipal, Water to Site
Waterfront false
Building
Dwelling Type Land
Schools
Elementary Schools Woodland Elementary School
Middle Schools Woodland Middle School
High Schools Warren Township High School
School District 50 , 50, 121
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Paul Proano • Coldwell Banker Commercial NRT
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "