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$2,900,000
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Property Description
Prime Investment Opportunity in High-Traffic Location Strategically positioned off route IL 41 on Grand Ave. 10-Stores income producing shopping center in a highly desirable commercial corridor, consistent daily traffic driven by both retail and professional activities. Approximately 24,000 Sq. ft. Parking is available in the front and rear. A great opportunity to acquire with upside potential.
Full Property Details
Full Property Details for 3701 Grand Ave
General
- Sold For: $2,900,000
- Taxes: $72,696 (2024)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12628774
Business
- Business Type: Retail
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Gurnee
- County: Lake
- Driving Directions: Route 41-Grand Ave. I-94 Grand Ave. to address
- Location Details: Central Business District, Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 1
- Square Feet: 24,000
- Current Bldg. Use: Commercial
- Year Built: 1990
Unit Information
- # Tenants: 12
Lot Features
- Lot Size (Sq. Ft.): 7,403,600
- Lot Dimensions: 332 x 223
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1990
- Tax Amount: $72,696
- Tax Year: 2024
Disclosures and Reports
- Property ID: 7242020190000
Listed and Sold by Century 21 Circle
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Schools
Schools serving 3701 Grand Ave
School Districts:Gurnee School District 56, Warren Township High School District 121
| Name | Grades | Distance |
|---|---|---|
River Trail School, Gurnee, IL 333 N Oplaine Rd, Gurnee, IL 60031 | K-8 | 1.1 mi |
Spaulding Elementary School 2000 Belle Plaine Avenue, Gurnee, IL 60031 | PK-2 | 1.3 mi |
Prairie Trail School 13600 West Wadsworth Road, Wadsworth, IL 60083 | 3-5 | 4.4 mi |
Viking School 4460 Old Grand Avenue, Gurnee, IL 60031 | 6-8 | 1.1 mi |
Warren Township High School 34090 N Almond Rd, Gurnee, IL 60031 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
3701 Grand Avenue, Gurnee, IL 60031 (MLS# 12628774) is a Commercial property that was sold at $2,900,000 on April 29, 2026. Want to learn more about 3701 Grand Avenue? Do you have questions about finding other Commercial real estate for sale in Gurnee? You can browse all Gurnee real estate or contact a Coldwell Banker agent to request more information.

