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$1,049,000 Just Listed
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Property Description
Positioned within the established Tri-State Parkway office corridor in Gurnee, 1025 Tri-State Parkway offers a rare opportunity to acquire or lease a 42,000 square foot standalone office/flex building on approximately 3.5 Acres with exceptional flexibility for a wide range of users. The property features expansive, open floor plates designed to accommodate both collaborative and private work environments, making it ideal for corporate headquarters, medical office, education/training, or adaptive re-use scenarios. Large window lines throughout the building provide abundant natural light, creating an inviting and productive workspace environment. Ample on-site parking. Professional office park setting. Strong access to major thoroughfares including I-94. Strategically located along Tri-State Parkway, the property benefits from convenient regional access and proximity to a wide range of amenities, including retail, dining, and lodging options. The location offers excellent connectivity to surrounding suburban markets and the greater Chicagoland area. Ideal For: Corporate headquarters, Medical or healthcare users, Educational / training facilities, Daycare / Early Education, College / Higher Education, Flex / office conversion. Owner-users or investors seeking repositioning opportunities 1025 Tri-State Parkway presents a compelling opportunity to secure a well-located, highly functional building with significant upside potential. ** 3 Additional Adjacent Office Buildings Also Available for Lease or Purchase ** A TOTAL OF 27.44 ACRES AVAILABLE FOR REDEVELOPMENT
Full Property Details
Full Property Details for 1025 Tri State Pkwy
General
- Price: $1,049,000
- Taxes: $62,184 (2024)
- Status: Active
- Type: Office
- Source: MRED
- MLS ID: 12741647
- Updated: Today (8/25/2026)
- Added to Site: Today
Rental Information
- Lease/Rent Term: Available for Sale
Additional Information
- Security/Safety: Fire Extinguisher(s), Sprinklers
Location
- Area: Gurnee
- County: Lake
- Township: Warren
- Driving Directions: West of 94 off Grand. Take Grand to Tri State Parkway (South) to 1025
- Location Details: North Suburban, Office Park
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Water Available
Structural Information
- Construction: Brick, Block
- Exterior Const.: Brick, Block
- Foundation: Concrete Perimeter
- Roof: Reflective Coating, Rubber
- Stories/Levels: 1
- Square Feet: 42,000
- Current Bldg. Use: Commercial
- Year Built: 2001
Lot Features
- Lot Size (Acres): 3.83
- Lot Size (Sq. Ft.): 166,913
- Lot Dimensions: per survey
- Frontage: Other
- Drainage: Storm Sewers
- Potential Use: Commercial, Zoning Change Required
- Zoning: OFFIC
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s, Sprinklers
- Assessment Year: 2001
- Tax Amount: $62,184
- Tax Year: 2024
Disclosures and Reports
- Property ID: 7164010670000
Listed by Insight Real Estate Advisors, LLC
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Schools
Schools serving 1025 Tri State Pkwy
School Districts:Warren Township High School District 121, Woodland Community Consolidated School District 50
| Name | Grades | Distance |
|---|---|---|
Woodland Intermediate School 1115 N Hunt Club Rd, Gurnee, IL 60031 | 4-5 | 0.5 mi |
Woodland Primary School 17366 W Gages Lake Rd, Gages Lake, IL 60030 | PK-K | 1.9 mi |
Woodland Elementary School, Gages Lake, IL 17261 West Gages Lake Road, Gages Lake, IL 60030 | 1-3 | 2 mi |
Woodland Middle School 7000 Washington Street, Gurnee, IL 60031 | 6-8 | 1.6 mi |
Warren Township High School 34090 N Almond Rd, Gurnee, IL 60031 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1025 Tri State Pkwy
Date
Details
Price
Change
Source
8/25/2026
Listed
$1,049,000
-30.07%
MLS
10/31/2025
Sold
$1,500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1025 Tri State Pkwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$62,184
3%
$692,482
5%
2024
$60,177
2%
$659,570
8%
2023
$58,750
10%
$612,357
2%
2022
$53,224
3%
$602,730
4%
2021
$51,580
-34%
$578,546
-32%
2019
$77,944
—
$851,478
51%
2020
$77,944
2%
$564,325
-33%
2018
$76,556
2%
$837,327
-19%
2017
$75,077
-20%
$1,028,196
5%
2016
$94,430
52%
$982,415
56%
2015
$62,307
—
$628,965
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1025 Tri State Pkwy
1025 Tri State Parkway, Gurnee, IL 60031 (MLS# 12741647) is a Office property. 1025 Tri State Parkway is currently listed for $1,049,000 and was received on August 25, 2026. Want to learn more about 1025 Tri State Parkway? Do you have questions about finding other Office real estate for sale in Gurnee? You can browse all Gurnee real estate or contact a Coldwell Banker agent to request more information.

