Listing provided courtesy of Real Broker, LLCMREDas Distributed by MLSGrid- MLS# 12601661MLS Provider

34498 N Old Walnut CircleGurnee, IL 60031

Commercial
$15 Active

34498 N Old Walnut Circle Overview

Time on Site:
82 days
Visits:
1

Exceptional opportunity to establish or expand your business in this 1,500 SF commercial unit, available now. Thoughtfully designed, the space features four private offices, a spacious open work area at the front, and a large, welcoming reception/entrance area-ideal for creating a strong first impression. The unit showcases open ceilings with an industrial-style finish, delivering a modern and professional aesthetic. Its efficient layout offers flexibility and can be easily adapted to suit a wide range of uses, including professional, medical, retail, or service-oriented businesses. Situated in Unit C-D within a well-positioned neighborhood retail center in unincorporated Lake County, this property benefits from excellent visibility along a high-traffic commercial corridor with daily traffic counts exceeding 23,000 vehicles. The location serves surrounding residential communities and is near established local businesses, providing consistent customer flow. Additionally, proximity to the Warren Township School District further enhances traffic and visibility. With convenient access, strong exposure, and a prominent location, this space is ideal for owner-users or tenants seeking a versatile and highly visible business setting.

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34498 N Old Walnut Circle Facts & Features

  • Type Commercial

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Net

Building Information

  • Year Built: 2004

Business Information

  • Business Type: Retail
  • Current Use: Commercial,Office

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Gurnee

Rent/Lease Information

  • Tenant Pays: Common Area Maintenance, All Utilities, Trash Collection

Tax Information

  • Tax Annual Amount: $0.00
  • Tax Year: 2024

General Information

  • Property Type: Commercial Lease
  • Zoning: COMMR

Interior

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers, Separate Meters, Service - 101 to 200 Amps
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 1500
  • Stories: 1

Unit Information

  • Unit SqFt.: 1500

Exterior

Lot Information

  • Frontage Type: City Street
  • Lot Size Square Feet: 76230

Building Exterior/Construction

  • Construction Materials: Brick, Masonite
  • Roof: Composition

General Information

  • Number Of Units Total: 1

34498 N Old Walnut Circle Neighborhood

Community

60031 (GURNEE) Demographics

39
Median Age
1,958
Population Density (per sq. mile)
62%
College Educated
$97,790
Estimated Median Income
10,496
Estimated Total Home Owners
3,552
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

34498 N Old Walnut Circle Market Data

Based on the last 30 days in this zip code

$418,348
Average List Price
$193
Average Price per Square Foot
47
Properties Sold
43
Average Days on Market
94
Properties for Sale
Calculations provided by Reliance Network

34498 N Old Walnut Circle History

Date Event Value Agent
4/13/2026Source: MRED Status Change
Active
4/8/2026Source: MRED Added to Database
April 08, 2026
4/4/2026Source: MRED Status Change
Closed
2/4/2026Source: MRED Status Change
Contingent
8/9/2025Source: MRED Status Change
Active
8/4/2025Source: MRED Price Reduction
$1,025,000 -6.8%
8/4/2025Source: MRED Status Change
Price Change
5/3/2025Source: MRED Status Change
Active
4/28/2025Source: MRED Added to Database
April 28, 2025
12/29/2022Source: MRED Status Change
Rented
10/20/2022Source: MRED Status Change
Active
10/11/2022Source: MRED Added to Database
October 11, 2022
6/20/2022Source: MRED Added to Database
January 27, 2022