Land | Waukegan, IL
2.4 Acres of Commercial Land Offered at $1,050,000 USD in Waukegan, IL 60087
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,050,000
- Property Type
-
Land
Listing Contacts
Chad Firsel
Verified Profile
Clayton Maxfield
Verified Profile
- Property Info
Property Overview
Quantum Real Estate Advisors, Inc. (“QREA”) has been retained to exclusively offer for sale approximately 2.40 acres located at 1200 Golf Rd., Waukegan, IL. The site is a perfect owner/user opportunity for an auto body shop to take over the already existing buildout, which is strategically located off Golf Road, an east-to-west thoroughfare connecting N. Lewis Ave. & IL-137, which sees a combined 54,724 VPD. The property is currently zoned B-3, which is intended to accommodate motorist-oriented commercial activities, allowing for a wide variety of redevelopment options.
The property is currently being operated as an auto repair shop by the current owner/user. However, upon closing the business will be vacating the premises making this a prime site for redevelopment. The surrounding area is comprised of several national and local tenants, such as Walgreens, Planet Fitness, Dollar General, McDonald’s, Wendy’s, Sunset House, Hillery’s BBQ, and more.
The property is currently being operated as an auto repair shop by the current owner/user. However, upon closing the business will be vacating the premises making this a prime site for redevelopment. The surrounding area is comprised of several national and local tenants, such as Walgreens, Planet Fitness, Dollar General, McDonald’s, Wendy’s, Sunset House, Hillery’s BBQ, and more.
Property Details
- Property Subtype
- Commercial
Highlights
- 2.4 acres of covered land; excellent owner/user or redevelopment opportunity
- Approximately 8,000 SF auto shop located on-site
- Owner will sell business and equipment if purchaser is interested
- Favorable Current B-3 Zoning; motorist-oriented commercial district allowing for many different uses
- Site is situated in Lake County; desirable demographics and investor-friendly tax authorities
- Located in a middle-class area with a population of 160, 254 and an average household income of $82, 900 within a 5-mile radius
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