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Northern Lights Crossings 5320-5340 Grand Ave 56,364 SF 66% Leased Retail Building Gurnee, IL 60031 For Sale
Investment Highlights
- Ideally located with close proximity to residential areas
Executive Summary
Owner can use 19,000 to 23,000 sq ft of space and collect the rents from 37364 sq ft leased space. Contact me for rent roll. Out of total 56,364 (37364 sq ft leased), Northern Lights Crossings offers 19,000 to 23,000 square feet of retail and office space for owner use or for lease that’s move-in-ready or can be converted to accommodate various business needs. Built out as a school or office, the suite could easily be used as a large retail store with already available restaurant. It also sits at the heart of a shopping center that houses a variety of local, regional, and national brands. It’s within a five-minute drive of the renowned Gurnee Mills, home to well-known brands, factory outlets, and various restaurants, all in a bright one-story indoor mall. That’s in addition to being directly across from Six Flags Great America, a sprawling amusement park with more than 100 rides and attractions.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
56,364 SF
Building Class
B
Year Built
1995
Percent Leased
66%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.26
Lot Size
4.92 AC
Zoning
C-1 - Commercial
Parking
310 Spaces (5.5 Spaces per 1,000 SF Leased)
Frontage
221’ on Grand Avenue
Amenities
- 24 Hour Access
- Banking
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The unit is currently built out for school or college or office. But can be converted for grocery store or hardware store or any retail or office purpose.
- 1st Floor
- 3,000-19,000 SF
- Office
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 19,000 SF | Retail | In-Line | Now |
| 1st Floor | 3,000-19,000 SF | Office | - | Now |
1st Floor
| Size |
| 19,000 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size |
| 3,000-19,000 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 19,000 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
The unit is currently built out for school or college or office. But can be converted for grocery store or hardware store or any retail or office purpose.
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-15-106-005 | Improvements Assessment | $306,465 |
| Land Assessment | $748,886 | Total Assessment | $1,055,351 |
Property Taxes
Parcel Number
07-15-106-005
Land Assessment
$748,886
Improvements Assessment
$306,465
Total Assessment
$1,055,351
1 of 33
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Northern Lights Crossings | 5320-5340 Grand Ave