$685,000

Estimated payment $4,911/month

Total Views 3,221
5.12 Acres
$133,789 Price per Acre
223,027 Sq Ft Lot

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

Alyssa Pimentel

Compass License #475175398 Listed on: 03/28/2026

Compass

Co-Listing Agent

Adriana Perez

Compass License #475210918

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

Property Details

Property Type

Land

Est. Annual Taxes

$14,396

Lot Details

5.12 Acres

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt
  • General Information: None
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: None
  • Possible Use: Commercial, Retail
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street, Public Road, State Road, US Highway
  • Waterfront: No
  • Rail Availability: None

Utilities

  • Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Nearby
  • Water Source: Municipal Water

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 5.12
  • Lot Dimensions: 288X181X291X326X596X458
  • Zoning: COMMR
  • Lot Size: 5.0-5.99 Acres
  • Special Assessments: N
  • Land Description: Irregular,Level,Wooded

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 14395.58
  • Tax Year: 2024
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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 -- --
Source: Midwest Real Estate Data (MRED)

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: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12601427

Midwest Real Estate Data (MRED)

APN: 08-18-122-022

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