5501 Stearns SchoolGurnee, IL 60031

Property Details for 5501 Stearns School

Year built

2003

Construction

FRAME

Lot size

11.54 AC

Property size (Sq ft)

34,060 SF

Property type

Retail properties

Property subtype

Retail space

APN

07-10-301-015

APU

710301015

• CAP approach

  CAP return

  Valuation

  6%

  $9,040,408

  6.5%

  $8,344,992

  7%

  $7,748,921

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,713,857

  Geo Method

  $11,179,514

• Alternative Use

  Use

  Valuation

  Residential

  $7,039,313

  Hospitality

  $6,447,972

  Educational

  $5,364,638

  Medical

  $5,549,136

  Retail

  $8,344,992

Location Insight

City

Gurnee

County

Lake

State

Illinois

Latitude

42.3917

Longitude

-87.9398

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Tax year
  2023

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