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$2,900,000
12659496 MLS ACTIVE Status
Exceptional 5.45-Acre Commercial Development Opportunity | 100 S. Green Bay Road, Waukegan, IL Rare opportunity to acquire a highly visible commercial land assemblage in one of northern Lake County's active commercial corridors. This approximately 5.45-acre site, comprised of 10 contiguous parcels, fronts the west side of Green Bay Road just south of the signalized Washington Street intersection, offering excellent exposure, accessibility, and proximity to Routes 41, 120, and I-94. Zoned B-3 General Commercial, the property allows for a wide range of potential uses including: truck stop, shopping center, car dealership, apartments, warehousing, retail, restaurant, banking, office, service business, indoor recreation, and other commercial/business service uses. The zoning also allows building heights up to 100 feet, providing flexibility for a variety of development concepts. Municipal water, sanitary sewer, natural gas, and electric are available at the site. The parcel is located in Flood Zone X, outside the floodplain, and features generally level topography, making it well-suited for ground-up development. The property has a limited wetland area reported toward the northwest portion of the site. The property also offers notable upside potential. There is approximately 1.40 additional acres of adjacent alleys and portions of Hillside Avenue and Ridge Avenue that may be candidates for vacation and incorporation into the overall site, subject to approval by the proper authorities. If successfully vacated, this could potentially expand the overall land area and create a larger, more functional contiguous development footprint. This may provide a meaningful advantage for developers, investors, or owner-users seeking a larger-format commercial, service, retail, or mixed-use concept in a land-constrained corridor. Surrounding uses include automotive services, retail centers, restaurants, gas stations, office uses, and nearby residential neighborhoods. Buyer to independently verify zoning, permitted uses, road and alley vacation potential, wetlands, utilities, site dimensions, development requirements, and all other due diligence with the City of Waukegan and appropriate agencies.

100 S Green Bay Road, Waukegan

$2,000,000
12610188 MLS ACTIVE Status
HISTORIC WAUKEGAN MASONIC TEMPLE FOR SALE! Incredible opportunity to bring your vision to this one-of-a-kind historic landmark offering approximately 40,000 square feet in the heart of Waukegan. This special property features multiple expansive gathering spaces, a stunning Grand Ballroom, reception areas, and endless possibilities for redevelopment, events, mixed-use, commercial, or creative space. Ideally located on Sheridan Road with views of Lake Michigan, this iconic building is just steps from the Genesee Theatre, shopping, restaurants, and transportation. Situated within both the TIF District and the Illinois Enterprise Zone, this property offers outstanding potential for investors, developers, and visionary owners looking to restore and reposition a true historic treasure.

220 N Sheridan Road, Waukegan

$1,035,000
12293660 MLS CLOSED Status
***Price Reduction!! Recent updates! Motivated seller offering a unique opportunity for the next Visionary Investor! This is your chance to take ownership of a substantial investment portfolio in prime Real Estate! Ideal for Dreamers ready to make a mark in the property market. This is an exceptional chance to expand your Investment Horizons!! Fully Updated***all units are completely remodeled between 2024 and 2025, new roof 2024, new water heaters 2024, recent update to all mechanicals, and freshly paved driveways! Tenants enjoy modern living with minimal maintenance and increased satisfaction. Acquiring both buildings comes with an attractive Rental Income package. Two buildings, 22 Bedrooms, 12 Bathrooms, ALL are fully occupied, offering a steady cash flow from day one! Designated parking provides convenient access and enhanced curb appeal. Recent upgrades to mechanicals ensure reliability and efficiency, reducing long-term costs. Both buildings are located in a vibrant community with shopping plazas and essential services within minutes. This is an ideal investment to expand your portfolio, or enter the rental market with a turnkey operation. Don't miss the opportunity for ownership! Schedule your viewing by contacting us today!

2116 & 2101 Williamsburg Drive, Waukegan

$1,040,000
11777044 MLS CLOSED Status
Excellent opportunity to own 2 Cash Cows on the Northwest side of Waukegan. Two 6-unit buildings conveniently located across the street from each other for easy management. 100% occupied and excellent operational history. 5 out of the 12 units have been completely renovated with new flooring, fresh window coverings, newly painted trim, walls and cabinets complete with new refrigerators and ovens along with 5 new dishwashers. There has been many updates including new water heater in 2116, 3 new refrigerators in 2116. New coin operated washing machine in 2116. Both boilers were fully serviced and cleaned out in 2022.These buildings are no brainers for the savvy investor. Properties are being offered at an 9.55 Cap with more room to raise rents as is or bring in working capital to upgrade the remaining units to collect top dollar! These 12 units are a perfect addition to a growing investors portfolio you won't want to miss out!

2116 & 2101 Williamsburg Drive, Waukegan

$?
10766548 MLS RENTED Status
Suite 105 - 437 rsf. Open area, sink, 2 small offices, and waiting room. Additional suites available. Active retail & medical community. Centrally located to downtown Waukegan and between Vista East and Lake Behavioral West Hospitals. State of the art video security system; secure medical grade key lock system throughout building. Nicely appointed interior finishes include oak, ceramic tile, and marble. Dry, secure basement storage. Elevator for 2nd floor access. A wide range of approved uses are permitted by code. 150 parking spaces. Pace Bus to Building. Ideal for any Professional or Medical Tenant. Schools, Co-working space, MRI, Sleep Center, Blood Bank, Physical Therapy, Adult Programming/Care, Orthopedic, Immediate Care, Adult Day Care, Rehab, Surgery Center, Eating Disorder Clinic, Pulmonary Practice, Veterans rehab.

1616 Grand Avenue Unit #105, Waukegan



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