The subject property is a 23,680-square foot retail strip center located in Gurnee (Chicago MSA), Illinois. This well maintained, brick facade center, is 100% occupied by a nice mix of national and local tenants, many of which have maintained tenancy for over 10 years. Excellent opportunity to purchase an asset with strong in-place income, along with value add potential through additional expense recapture (move from MG leases).

Location Description:

Gurnee, IL. The gateway between Chicago and Milwaukee . The subject is located in the East Grand Corridor, containing one of the largest concentration of both national and local retail businesses in the area. Situated on heavily trafficked Grand Ave ( IL Rt. 132) and close proximity to both I-94 and I-41.

Highlights:

>> High Visibility- Grand Ave (26,600 VPD) & US Hwy 41 (37,900 VPD)

>> Value Add Opportunity Converting to NNN

>> Outstanding Curb Appeal and Condition

>> National and Local tenants

>> 4.83/1000 SF Parking (114 Spaces)

>> Less than 3 miles from Gurnee Mills Shopping Center and Six Flags Great America

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Sales Info:

>> Commision split: 50.0%