6475 Washington St , Gurnee IL, 60031

Active

6475 Washington St

Gurnee IL, 60031

$3,150,000

$206.56 per sqft

Active

15,250 sqft

Commercial

Built in 2000

Paul Proano Properties has been exclusively chosen to market the well-known 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.

MX2M5Y

MLSⓇ ID

September 7, 2023

Listed

September 13, 2024

Updated

Map

6475 Washington St
Gurnee IL, 60031

Interior Features

Total Stories: 1
Floor Description: Tile, Wall to Wall Carpet
Fireplace: No
Cooling: Yes
Cooling Description: Central A/C - Electric, Zoned A/C, Central A/C, Central A/C - Gas
Heating: Yes
Heating Description: Gas, Multi-Zone Heat

Exterior/Building Features

Lot Size: 3.75 Acres
Exterior Features: Brick, Sidewalk
Architectual Style: Office Bldg -General
Sewer: City

Other Property Details

Taxes: $57,689
Tax Frequency: Annually
Garage: No
Parking Total: 69
View: No
County: Illinois
Water Source: Lake, City Water
Pool: No
Zoning: C-2

Courtesy of Paul Proano

Based on information from DASH - Coldwell Banker (CB) as of 9/13/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 7:23 AM UTC, 9/13/2024