Estimated payment $4,807/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!
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
| 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 |
|---|---|---|---|---|
| 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
| 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
| 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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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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