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Property Description
Exceptional opportunity to establish or expand your business in a 1,500 square foot commercial unit located within Delaware Commons, a well-positioned neighborhood retail center (unit F & G) serving the surrounding residential communities. This highly visible space is currently configured as a dental office and offers an efficient layout that can be easily modified to accommodate a wide variety of professional, medical, retail, or service-oriented uses. Situated in a high-traffic commercial corridor, the property benefits from excellent exposure with traffic counts exceeding 23,000 vehicles per day, providing strong visibility and continuous daily consumer activity. The center's convenient access and prominent positioning make it an ideal location for businesses seeking both visibility and accessibility. The unit's existing configuration provides a solid foundation for medical or dental practices, professional offices, or service-based businesses, while still offering flexibility for customization based on the specific needs of a new occupant. With approximately 1,500 square feet of adaptable interior space, the property allows tenants or owners to design an efficient workspace that supports productivity and customer engagement. Located within unincorporated Lake County, the property serves a well-established and growing residential population. The surrounding area is supported by a mix of local businesses that contribute to a vibrant commercial environment and create natural synergy among tenants within the center. The property also benefits from its proximity to Warren Township School District, providing an additional customer base from nearby families, students, and faculty. This strategic location within a busy neighborhood corridor makes the property well suited for businesses looking to serve the local community while benefiting from strong drive-by visibility. Delaware Commons has established itself as a convenient neighborhood destination where local businesses can thrive together. The combination of steady traffic counts, strong visibility, and proximity to residential neighborhoods makes this space a valuable opportunity for entrepreneurs, professionals, and growing businesses. Whether you are seeking to relocate an existing practice, open a new office, or establish a retail or service concept, this versatile commercial space provides the flexibility and exposure needed to support long-term success.
Full Property Details
Full Property Details for 34497 N Old Walnut Cir
General
- Price: $15
- Taxes: (2024)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12587287
- Updated: 3/25/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Retail
Additional Information
- Security/Safety: Alarm Monitored, Alarm on Site, Fire Extinguisher(s), Hydrants on Site, Partially Sprinklered
Location
- Area: Gurnee
- County: Lake
- Driving Directions: West for Hunt Club & East of RT 45 located on Washington and Old Walnut - turn S. & Left into Parking lot - UNIT F & G
- Location Details: High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Construction: Brick, Stone
- Exterior Const.: Brick, Stone
- Foundation: Concrete Perimeter
- Stories/Levels: 1
- Current Bldg. Use: Commercial
- Year Built: 1998
Unit Information
- # Tenants: 7
Lot Features
- Lot Size (Sq. Ft.): 76,230
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- Lease Price: $15
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Alarm Monitored, Alarm On Site, Fire Extinguisher/s, Hydrants On Site, Partially Sprinklered
- Assessment Year: 1998
- Tax Year: 2024
- Tenant Pays: Common Area Maintenance, Electricity, Heat, Taxes, Insurance
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Schools
Schools serving 34497 N Old Walnut Cir
School Districts:Woodland Community Consolidated School District 50, Warren Township High School District 121
| Name | Grades | Distance |
|---|---|---|
Woodland Primary School 17366 W Gages Lake Rd, Gages Lake, IL 60030 | PK-K | 1 mi |
Woodland Elementary School, Gages Lake, IL 17261 West Gages Lake Road, Gages Lake, IL 60030 | 1-3 | 1.1 mi |
Woodland Intermediate School 1115 N Hunt Club Rd, Gurnee, IL 60031 | 4-5 | 1.7 mi |
Woodland Middle School 7000 Washington Street, Gurnee, IL 60031 | 6-8 | 0.5 mi |
Warren Township High School 34090 N Almond Rd, Gurnee, IL 60031 | 9-12 | 0.4 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 34497 N Old Walnut Cir
Date
Details
Price
Change
Source
3/25/2026
Listed
$15
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Estimate the Cost for 34497 N Old Walnut Cir
34497 N Old Walnut Circle, Gurnee, IL 60031 (MLS# 12587287) is a Commercial Lease property. 34497 N Old Walnut Circle is currently listed for $15 and was received on March 25, 2026. Want to learn more about 34497 N Old Walnut Circle? Do you have questions about finding other Commercial Lease real estate for sale in Gurnee? You can browse all Gurnee real estate or contact a Coldwell Banker agent to request more information.

