This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$1,010,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Strategic Investment Opportunity in Gurnee, IL. Located in unincorporated Gurnee-an area known for its favorable tax rates - this property presents a compelling investment opportunity. Flexible zoning accommodates both retail and office tenants, allowing for seamless adaptation to shifting market demands. Recently constructed and in excellent condition, making it an ideal low-maintenance asset with strong potential returns. Building was designed to have 6 units. Current configuration is 3 units. Unit A has a lower basement. Now Leasing: Take advantage of our last available unit-1,500 SF. Don't miss this opportunity to secure space in a thriving, versatile commercial location. 2500 Sqft Basement.
Full Property Details
Full Property Details for 34498 N Old Walnut Cir
General
- Sold For: $1,010,000
- Taxes: $28,956 (2024)
- Status: Closed
- Type: Store
- Source: MRED
- MLS ID: 12332647
- Added to Site: 347 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s), Hydrants on Site, Sprinklers (Wet)
Location
- Area: Gurnee
- County: Lake
- Driving Directions: This property is located on the South Corner of Washington St. and North Old Walnut Circle in Gurnee IL
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas
Structural Information
- Foundation: Concrete Perimeter
- Stories/Levels: 1
- Square Feet: 6,000
- Current Bldg. Use: Commercial, Office
- Year Built: 2004
Unit Information
- # Tenants: 2
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 37,601
- Lot Dimensions: 235 x 160
- Zoning: RTAIL
Financial Considerations
- Lease Price: $15
- For Sale/Rent/Lease: For Sale or Rent
- Operating Expenses: $48,195
- Security Deposit: Fire Extinguisher/s, Hydrants On Site, Sprinklers-Wet
- Assessment Year: 2004
- Tax Amount: $28,956.4
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Sewer
Disclosures and Reports
- Property ID: 7194014220000
Listed by Real Broker, LLC
Sold by Non Member
Get Pre-Approved Today
Schools
Schools serving 34498 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 | 1.2 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 34498 N Old Walnut Cir
Date
Details
Price
Change
Source
4/03/2026
Sold
$1,010,000
-1.46%
MLS
8/04/2025
Price Reduced
$1,025,000
-6.82%
MLS
4/28/2025
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
34498 N Old Walnut Circle, Gurnee, IL 60031 (MLS# 12332647) is a Store property that was sold at $1,010,000 on April 03, 2026. Want to learn more about 34498 N Old Walnut Circle? Do you have questions about finding other Store real estate for sale in Gurnee? You can browse all Gurnee real estate or contact a Coldwell Banker agent to request more information.

