Market Square

Property Summary

• Premier Commercial Development Opportunity: Available for sale are 3 commercial parcels in the Market Square PUD located at the signalized corner of Washington St. and Cemetery Rd. in Gurnee. The PUD comprises 5 total lots of which 2 parcels have been developed with 7,200 SF office/retail buildings. This highly visible site provides exceptional exposure, convenient access, and strong traffic counts—making it an outstanding location for new commercial development. Located in the heart of Gurnee's thriving commercial corridor, Market Square benefits from strong surrounding demographics, established businesses, and convenient regional access. The property is just minutes from Interstate 94, Gurnee Mills, Six Flags Great America, and numerous shopping, dining, and entertainment destinations, making it an exceptional location for businesses seeking visibility and customer convenience.
• Property Highlights: ±3.25 acres (3 parcels) Zoned C-2 PUD Prime frontage on Washington St. Signalized corner intersection Excellent visibility and accessibility All utilities to the site Traffic Counts: Washington St.: 20,100 vehicles per day Cemetery Rd.: 6,300 vehicles per day As commercial growth continues throughout Gurnee's north suburban corridor, opportunities to acquire premier signalized corner sites are becoming increasingly limited. This property offers developers and owner-users the chance to establish a presence in one of the area's most desirable commercial corridors before future development further tightens the market.
• Possible Uses Include: Retail Restaurant Medical office Professional office Automotive THE VILLAGE IS OPEN TO MODIFYING THE PUD TO ALLOW FOR A VARIETY OF DIFFERENT USES, INCLUDING THE POTENTIAL FOR MULTI-FAMILY, RESIDENTIAL, MIXED-USE, OR SENIOR HOUSING DEVELOPMENT. COMBINING LOTS 4 & 5 WOULD CREATE A GREATER OPPORTUNITY FOR THIS TYPE OF USE. *a full list of permitted uses is available upon request

PRICING SUMMARY

• Lot 1 - ±1.00 Acre (includes required common area) - Premium site located at the signalized corner of Washington St. and Cemetery Rd. - $500,000
• Lot 4 - ±1.00 Acre (includes required common area) - fronts Washington St. with excellent exposure - $425,000
• Lot 5 - ±1.25 Acres (includes required common area) - can accommodate a 15,000 SF building - $550,000