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    1340-1350 Lewis Ave Waukegan, IL 60085

    For Sale
    $1,200,000

    Commercial Sale - Waukegan, IL

    Property size:
    7,850 SF
    Days on Market:
    11
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 1340-1350 Lewis Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    08171000210000
    Size
    7,850 SF

    Utilities

    Cooling system
    Other (Cooling)

    Building Details

    Year built
    1961
    Architectural style
    Other

    Century 21 Maki United (847) 336-7333 [email protected]

    Listing agent Elizabeth Scheffler (847) 336-7333 License #471008934

    Listing date Dec 3, 2025

    MLS# 12517550 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waukegan Commercial Property For Sale

    This commercial property in Waukegan, Illinois, includes two free-standing buildings formerly operated as a tire shop and a car wash. The buildings measure 3,350 and 4,320 square feet respectively, totaling 7,850 square feet. The combined lot size for both parcels is 41,984 square feet.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Truck Rental Center at The Home Depot, Enterprise Rent-A-Car, U-Haul Neighborhood Dealer

    Location Insight

    • Map
    • Local Demand
    City
    Waukegan
    County
    Lake
    State
    Illinois
    Longitude
    -87.8558911
    Latitude
    42.3791156

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    FAQs

    What type of property is this?
    Automotive property - Two buildings formerly used as a tire shop and car wash.
    Where is this automotive property located?
    The property is located at 1340-1350 Lewis Ave Waukegan, IL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Two free-standing buildings included; - Combined square footage of 7,670; - Total lot size of 41,984 sq ft
    (847) 336-7333
    Request Owner's contact information
    1340-1350 Lewis Ave Waukegan, IL 60085
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1340-1350 Lewis Ave Waukegan, IL 60085
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