Listing provided courtesy of CompassMREDas Distributed by MLSGrid- MLS# 12601427
Images
Request InfoWaukegan, IL 60085
Vacant Land · 5.12 Acres$685,000
Active
Overview
- Time on Site:
- 66 days
- Visits:
- 0
Positioned along the highly traveled corridor of Greenbay Road, this 5.12 acre commercial parcel offers a rare opportunity for developers and business owners to bring their vision to life in a growing Waukegan market. With strong frontage and visibility, this site is ideally suited for a wide range of commercial uses including retail, restaurant, service-based businesses, or mixed-use development (subject to zoning and approvals). The property features flat, usable land with convenient access to major roadways, surrounding established businesses, and nearby residential communities creating a strong foundation for future growth and long term value. Whether you're looking to expand your portfolio or develop a flagship location, opportunities like this with size, exposure, and location- this might be the one to bring your idea to life!
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
Facts & Features
- Type Vacant Land
- Lot 5.12 Acres
Details
General
School Information
- School District: 60
Business Information
- Current Use: Commercial
Location/Region
- County Or Parish: Lake
- MLS Area Major: Park City / Waukegan
- Township: Waukegan
Tax Information
- Tax Annual Amount: $14,395.58
- Tax Year: 2024
General Information
- Ownership: Fee Simple
- Parcel Number: 08181220220000
- Possible Use: Commercial,Retail
- Property Type: Land
- Special Listing Conditions: None
- Zoning: COMMR
Interior
Beds/Baths
- Bathrooms Total: 0
General Information
- Basement: None
Exterior
Parking Information
- Parking Total: 0
Lot Information
- Additional Parcels: Yes
- Frontage Length: 321
- Frontage Type: City Street,Public Road,State Road,US Highway
- Lot Size Acres: 5.12
- Lot Size Dimensions: 288X181X291X326X596X458
- Road Surface Type: Asphalt
- Water Source: Municipal Water
Waterfront/View
- Waterfront: No
General Information
- Utilities: Electricity Nearby,Natural Gas Nearby,Sewer Nearby
Neighborhood
Community
60085 (WAUKEGAN) Demographics
32
Median Age
4,499
Population Density (per sq. mile)
23%
College Educated
$48,435
Estimated Median Income
10,174
Estimated Total Home Owners
13,807
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
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.Monthly Cost
Market Data
Based on the last 30 days in this zip code
$270,816
Average List Price
$178
Average Price per Square Foot
22
Properties Sold
39
Average Days on Market
64
Properties for Sale
History
| Date | Value | Agent |
|---|---|---|
| 4/25/2026Source: MRED | April 25, 2026 |