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    1724 Grand Ave Waukegan, IL 60085

    New
    For Lease
    $15 SF/Yr

    Neighborhood Storefront - Waukegan, IL

    Days on Market:
    4
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 1724 Grand Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Number of units
    3
    Flooring type
    Concrete
    Architectural style
    Other

    GALLERY REALTY (773) 502-5374 [email protected]

    Listing agent Courtney Caraway (773) 502-5374 License #471019779

    Listing date Dec 2, 2025

    MLS# 12526526 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 Storefront in High-Traffic Area

    This commercial space is available for lease in Waukegan, Illinois. The property benefits from a location in a high-traffic area, offering excellent exposure. Off-street parking is available for customers and employees. The property is located in Lake County, with a zoning designation of COMMR.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    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

    Flower Delivery Waukegan IL, Envy Floral Affairs, Yaneth Flower Shop

    Location Insight

    • Map
    • Local Demand
    City
    Waukegan
    County
    Lake
    State
    Illinois
    Longitude
    -87.8533792
    Latitude
    42.3704673

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    FAQs

    What type of property is this?
    Storefront property - Commercial space for lease in a high-traffic Waukegan location.
    Where is this storefront property located?
    The property is located at 1724 Grand Ave Waukegan, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Large commercial space perfect for various business ventures.; - Excellent exposure in a high traffic area ensuring maximum visibility.; - Plenty of off street parking available for customers and staff.
    (773) 502-5374
    Request Owner's contact information
    1724 Grand 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
    1724 Grand Ave Waukegan, IL 60085
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