- For Sale Contact for pricing
- 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
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Contacts
Location
Getting Around
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Walk Score ®
21/100
Car-Dependent
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Transit Score ®
24/100
Minimal Transit
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Bike Score ®
35/100
Somewhat Bikeable
- 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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Cracker Barrel
0.20 miles
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Olive Garden
0.39 miles
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Chuck E. Cheese
0.41 miles
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McDonald's
0.43 miles
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KFC
0.47 miles
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Long John Silver's
0.47 miles
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Culver's
0.50 miles
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Golden Corral
0.52 miles
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Dunkin'
0.58 miles
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Chili's
0.67 miles
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Woodland Intermediate School
0.41 miles
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Gurnee Christian School
1.46 miles
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Woodland Middle School
1.65 miles
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Warren Township High School O'Plaine Campus
1.72 miles
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Viking Junior High School
1.75 miles
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Woodland Primary School
1.90 miles
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Woodland Elementary School
2.02 miles
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Warren Township High School Almond Campus
2.11 miles
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Spaulding Elementary School
3.02 miles
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University Center
3.45 miles
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Hunt Club KinderCare
1.10 miles
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The Goddard School
2.70 miles
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KinderCare
5.14 miles
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Woodview Kindergarten
5.76 miles
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Alta Vista Montessori School
5.98 miles
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La Petite Academy
6.16 miles
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Dearhaven Child Care and Learning Center
9.10 miles
Frequently Asked Questions
The sale price for Tri-State Parkway Portfolio 27.5 AC Site | 327K Building SF is available upon request. Contact the listing broker for more information.
Tri-State Parkway Portfolio 27.5 AC Site | 327K Building SF totals 327,616 square feet.
Tri-State Parkway Portfolio 27.5 AC Site | 327K Building SF was built in 1999.
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RealINSIGHT Marketplace
