Contacts
RealINSIGHT Marketplace
Property Details
- Property Type Office
- Property Size 327,616 SF
- Lot Size 27.44 Acre
- # of Floors 1
- Year Built 1999
- Date Updated Mar 25, 2025
RI Marketplace Online Auction April 28-30, 2025
Baum Realty Group, LLC, in conjunction with RealINSIGHT Marketplace, is pleased to present for sale an 8-building, single-story office complex totaling 327,616 square feet on 27.5 acres of land, located at 1025–1425 Tri-State Parkway in Gurnee, IL. This property presents a rare value-add and redevelopment opportunity in a high-demand, low-vacancy market. In the aggregate, the buildings are 20% occupied, providing in-place income while a repositioning strategy is executed. Priced well below replacement cost, the opportunity offers investors a range of strategies and optionality to unlock its significant upside potential. Options include stabilizing the existing structures through lease-up, modifying the buildings to accommodate warehouse or logistics users, or pursuing a full-scale industrial redevelopment to capitalize on strong market demand.
Scott Bowers
c/o Fisher Auction Company Inc.
License: 040000273
Reach out to the broker for more info on lease terms and amenities
Getting around
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21/100
Walk Score ®
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24/100
Transit Score ®
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35/100
Bike Score ®
Location
- City Gurnee, IL
- Neighborhood Orchard Valley Estates
- Zip Code 60031
- Market Chicago
Points of Interest
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Hometown Square Station
0.79 miles
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Scenic Railway (Hometown Station)
0.80 miles
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County Fair Station
1.08 miles
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Prairie Crossing
5.14 miles
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Washington Street (Grayslake)
5.37 miles
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Taxi Stand
5.66 miles
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Libertyville
5.88 miles
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Libertyville Metra Station
5.88 miles
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Round Lake Beach
6.06 miles
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Waukegan
6.19 miles
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Shell
0.58 miles
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Mobil
1.21 miles
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Thorntons
2.90 miles
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Marathon
2.96 miles
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BP
3.01 miles
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Murphy USA
3.47 miles
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Phillips 66
3.49 miles
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Volta
9.10 miles
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Volta Charging Station
9.16 miles
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Hawthron Mall Charging Station
9.23 miles
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Parking Lot D
0.78 miles
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Parking Lot E
0.88 miles
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Parking Lot C
0.96 miles
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Parking Lot B
1.03 miles
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Parking Lot F
1.07 miles
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Parking Lot G
1.15 miles
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Parking Lot A
1.21 miles
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Parking Lot H
1.31 miles
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Hampton Inn & Suites
0.53 miles
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Grand Hotel & Suites
0.55 miles
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Great Wolf Lodge
0.55 miles
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Holiday Inn Chicago North-Gurnee
0.56 miles
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Best Western
0.58 miles
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Country Inn & Suites
0.62 miles
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Comfort Inn
0.71 miles
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Fairfield Inn
0.74 miles
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Gurnee Place
1.00 miles
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Thomas Place Gurnee
1.03 miles
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Kohl's
0.85 miles
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Macy's
0.89 miles
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Marshalls
0.94 miles
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Jewel-Osco
0.98 miles
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TJ Maxx
0.99 miles
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Gurnee Mills
1.04 miles
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Target
1.08 miles
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Burlington
1.18 miles
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Walmart Supercenter
1.29 miles
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Mariano's Fresh Market
1.30 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
RealINSIGHT Marketplace
