Estimated payment $5,067/month
About This Lot
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!
Listing Agent
Compass Brokerage Phone: (847) 977-1940 License #475175398 Listed on: 03/28/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $14,396
Lot Details
- 5.12 Acre Lot
- Lot Dimensions are 288x181x291x326x596x458
- Property fronts a highway
- Additional Parcels
- Property is zoned COMMR
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $400 | $4,953 | $4,953 | |
| 2024 | $416 | $4,612 | $4,612 | |
| 2023 | $1,131 | $4,410 | $4,410 | |
| 2022 | $1,131 | $11,568 | $11,568 | $0 |
| 2021 | $346 | $3,318 | $3,318 | $0 |
| 2020 | $350 | $3,091 | $3,091 | $0 |
| 2019 | $353 | $2,832 | $2,832 | $0 |
| 2018 | $222 | $1,718 | $1,718 | $0 |
| 2017 | $216 | $1,520 | $1,520 | $0 |
| 2016 | $204 | $1,321 | $1,321 | $0 |
| 2015 | $200 | $1,182 | $1,182 | $0 |
| 2014 | $116 | $683 | $683 | $0 |
| 2012 | $143 | $740 | $740 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/25/2026 04/25/26 | For Sale | $685,000 | 0.0% | -- | |
| 04/09/2026 04/09/26 | Off Market | $685,000 | -- | -- | |
| 03/29/2026 03/29/26 | For Sale | $685,000 | +41.2% | -- | |
| 08/05/2022 08/05/22 | Sold | $485,000 | -3.0% | -- | View Prior Sale |
| 02/10/2022 02/10/22 | Pending | -- | -- | -- | |
| 10/06/2021 10/06/21 | For Sale | $500,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $75,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | Attorney |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12601427
APN: 08-18-122-022
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Ask me questions while you tour the home.