This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/50
6475 Washington Street, Gurnee, IL 60031
$3,150,000
6475 Washington Street, Gurnee, IL 60031View this property at 6475 Washington Street, Gurnee, IL 60031
6475 Washington StreetGurneeIL60031
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/50
Property Description
Now offering for sale the 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.
Full Property Details
Full Property Details for 6475 Washington St
General
- Price: $3,150,000
- Taxes: $57,689 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11908928
- Updated: 3/29/2024
- Added to Site: 198 day(s) ago
Interior
- Interior Features: Accessible Entrance, Accessible Washroom/s, Multi-Tenant, Private Restroom(s), Public Restroom(s)
- Flooring: Carpet
Additional Information
- Security/Safety: Sprinklers (Dry)
Parking
- Parking Features: 51 to 100 Spaces
Location
- Area: Gurnee
- County: Lake
- Township: Warren
- Driving Directions: Near corner Hunt Club & Washington Street.
- Location Details: North Suburban, Corner, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Forced Air
Utilities
- Onsite: Electricity to Site, Gas to Site, Water to Site
Structural Information
- Exterior Const.: Brick
- Sub-Flooring: Carpet
- Stories/Levels: 1
- Square Feet: 15,250
- Current Bldg. Use: Commercial
- Year Built: 2000
Unit Information
- # Tenants: 4
Lot Features
- Lot Size (Acres): 3.75
- Lot Size (Sq. Ft.): 163,350
- Lot Dimensions: 280 x 668
- Zoning: OFFIC
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $9,999,099
- Security Deposit: Sprinklers-Dry
- Assessment Year: 2000
- Tax Amount: $57,689
- Tax Year: 2022
- Tenant Pays: Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Tax Stops
Disclosures and Reports
- Property ID: 7213010670000
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 6475 Washington St
School Districts:Woodland Community Consolidated School District 50, Warren Township High School District 121
Rating | Name | Grades | Distance |
---|---|---|---|
Woodland Primary School
17366 W Gages Lake Rd, Gages Lake, IL 60030 | PK-K | 0.9 mi | |
1115 N Hunt Club Rd, Gurnee, IL 60031 | 4-5 | 0.9 mi | |
17261 W Gages Lake Rd, Gages Lake, IL 60030 | 1-3 | 1 mi | |
7000 Washington St, Gurnee, IL 60031 | 6-8 | 0.8 mi | |
34090 N Almond Rd, Gurnee, IL 60031 | 11-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6475 Washington St
Date
Details
Price
Change
Source
10/13/2023
Listed
$3,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6475 Washington St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$54,620
20%
$591,847
—
2021
$45,705
-13%
$593,730
19%
2020
$52,495
—
$500,046
-17%
2019
$52,495
-3%
$600,419
2%
2018
$53,983
2%
$590,439
3%
2017
$52,940
-4%
$573,521
—
2016
$55,215
7%
$574,434
11%
2015
$51,484
-2%
$519,710
-5%
2014
$52,342
-2%
$544,794
1%
2013
$53,238
6%
$541,546
-2%
2012
$50,333
—
$554,961
—
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 6475 Washington St
6475 Washington Street, Gurnee, IL 60031 (MLS# 11908928) is a Commercial property. 6475 Washington Street is currently listed for $3,150,000 and was received on October 13, 2023. This property is listed by Paul Proano from our McMullen/O'Hare Office.Want to learn more about 6475 Washington Street? 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.