LOT SIZE 5.880 acres
MLS#12419451
STATUSActive
PROPERTY TYPELand - Commercial
SCHOOLDistrict 60
Property Description
Discover the exceptional potential of 601 Lakehurst Road in Waukegan, Illinois, a rare opportunity in the heart of a burgeoning area. This opportunity encompasses close to 6 acres of undeveloped land, ideally positioned for significant development, with zoning allowing structures up to 200 feet high. The site's strategic location is a cornerstone of the Fountain Square of Waukegan entertainment and retail development, neighboring a half-billion dollar enterprise- the new American Place Casino, set to enhance the area's vibrancy by 2027. This remarkable land parcel is perfectly suited for diverse high-end commercial endeavors, including retail and restaurant spaces, shopping centers, business offices, and medical facilities. The zoning flexibility ensures you can tailor the development to meet a wide variety of business needs. The property benefits from exceptional accessibility, situated along major thoroughfares including Route 43, Route 120, Route 41, and I-94 offering unparalleled connectivity for both customers and employees. Already anchored by prominent national retailers such as Walmart and Aldi, which collectively promise to drive significant foot traffic to the area. Envision your business thriving in this dynamic landscape, where development opportunities abound and the future is bright. Connect with us to explore this prime real estate opportunity and be part of Waukegan's next wave of growth!
Property Features
Property Type: Land - Commercial
Lot Size: 5.88 Acres
Taxes: $9,378
Feature Descriptions
Current Use: Commercial
Frontage: 266
Frontage Type: City Street, County Road
Lot Dimensions: 266 X 845
Parcel#: 07361030240000
Road Surface: Asphalt
Township: Waukegan
Utilities: Electricity Nearby, Natural Gas Nearby
Local Schools
School District: District 60
Listed By / Shown By
Listed By
Agency Name: Compass
Agency Phone: 312-319-1168
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 3,297.47 per month $2,224.45 Principal & Interest $781.50 Property Tax $291.52 Homeowner's InsuranceChange Payment Information
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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601 Lakehurst Road | MLS# 12419451
This land located at 601 Lakehurst Road, Waukegan, IL 60085 is currently listed for sale with an asking price of $999,500. The property has approximately 5.88 Acres. Lakehurst Road is located within the District 60 school district. Search Waukegan real estate on www.bhhscrosby.com today.