Chicago, Illinois

🏭 20,000 SF Versatile Industrial / Entertainment Facility | Heavy Power | Full Kitchen | Cannabis & Event Use Potential | I-94 Visibility

📊 Investment Highlights

• Asking Price: $2,750,000

• Building Size: 20,000 SF

• Lot Size: 2.08 Acres

• Zoning: COMMR – Commercial / Industrial / Entertainment Use

• Ceiling Height: 18 ft

• Power: 1,200 Amps | 3-Phase

• Mechanical: 11 RTUs (Ten 20-ton units + One 15-ton unit)

• Parking: 131 Paved Spaces

• Access: Excellent visibility from I-94 (160,000+ VPD)

• Year Built: 1982 | Fully Renovated 2009

• Features:

  • Three loading docks

  • Full kitchen, walk-in cooler & freezer

  • 8 restrooms, showers, locker room, courtyard

  • Two full bars, 4 stages, 8 VIP rooms, reception area

  • Secure fenced site, retractable gates, and security system

• Expansion Potential: Adjacent 24,000 SF facility on 1.3 acres available separately (MLS #12085273)

• District: TIF Zone — additional financial incentives possible

🧾 Executive Summary

This 20,000-square-foot, multi-purpose industrial facility presents a unique investment or owner-user opportunityin Gurnee, Illinois, offering a rare combination of infrastructure, flexibility, and visibility along Interstate 94. Originally built in 1982 and completely renovated in 2009 into a premier gentlemen’s club, the property features extensive mechanical, electrical, and structural upgrades, making it suitable for a wide range of commercial, industrial, or entertainment uses.

The facility’s interior layout and mechanical systems support diverse use cases, from entertainment venues and event spaces to cannabis cultivation and production, warehousing, or light industrial operations. The building’s infrastructure includes three loading docks, heavy power (1,200 amps, 3-phase), and 11 rooftop HVAC unitsproviding robust climate control throughout.

Current improvements include a full commercial kitchen, walk-in cooler and freezer, 8 restrooms, showers, locker rooms, and a large courtyard, creating seamless potential for hospitality, food processing, or high-volume manufacturing operations. The entertainment configuration—featuring two bars, four stages, eight VIP suites, and a DJ booth—can be easily retained or converted based on future operational goals.

Set on 2.08 acres within a TIF District, the property offers 131 surface parking spaces, pylon signage, and direct visibility from Interstate 94, where more than 160,000 vehicles pass daily. This high-traffic location, coupled with extensive site security and infrastructure, positions the property as one of the most adaptable assets in the region.

Whether repurposed for industrial production, cannabis cultivation, or redeveloped as an event, retail, or hospitality concept, this site offers extraordinary value in infrastructure and location.

🏢 Property Overview

• Type: Retail / Industrial

• Subtype: Restaurant / Bar / Storefront / Warehouse

• Investment Type: Owner/User or Redevelopment

• Building Size: 20,000 SF

• Lot Size: 2.08 Acres

• Zoning: COMMR

• Ceiling Height: 18 ft

• Power: 1,200 Amps / 3-Phase

• Mechanical: 11 RTUs (Ten 20-ton + One 15-ton)

• Loading Docks: 3

• HVAC: Fully climate controlled

• Year Built: 1982

• Renovated: 2009

• Parking: 131 Spaces

• Visibility: Pylon signage on I-94 (160,000+ VPD)

• Asking Price: $2,750,000

📍 Location Advantage

Located just off Interstate 94, the property benefits from exceptional regional connectivity between Chicago and Milwaukee, serving both local and regional customers. The surrounding corridor is a thriving industrial and commercial hub with strong logistics infrastructure, workforce access, and TIF incentives supporting future investment.

Its high visibility, robust mechanical systems, and versatile zoning create a one-of-a-kind redevelopment opportunityfor cannabis operators, entertainment venues, or specialized industrial users seeking a turnkey, infrastructure-rich facility with high exposure and expansion potential.