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Residential Land Near Lakefront
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420 Oak Street, Waukegan, IL 60085

Vacant lot near lakefront and bike path in Waukegan.

Property SizeContact for details
Days on Market467

Property Features for 420 Oak Street

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $444
Listing Agency: COLDWELL BANKER REALTY
Listed By: JOHN KING
Source: Corcoran
Added: May 8, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY

Investment Insights

Based on property information with market context.

This vacant lot, measuring 40' x 125', is located within walking distance of the lakefront and bike path. It presents an opportunity to create a dream lifestyle in a thriving, lakefront community. The lot can be purchased on its own or bundled with the 3-bedroom, 2-bathroom house at 337 George Street. Additionally, the adjacent 11,000 sq. ft. corner lot at 579 Caroline Place is available, offering potential for expansion, investment, or green space.

Key Highlights

  • Prime location within walking distance to the lakefront and bike path.
  • Vacant lot ready for development.
  • Opportunity to bundle with an existing house at 337 George St.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Real Estate Agency Pharmacy Computer & Electronic Repair (Bike/Boat/Book/etc) Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby

Demographics for 60085, IL

71,609
Population
26,781
Households
2.7
Avg Household Size
33
Median Age
19%
College-Educated
74%
High-School Grad
14.8 sq mi
ZIP Area
4,838
Density / Sq Mi
$64,330
Median Household Income
$35,645
Median Earnings
$1,133
Median Rent
$164,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Vacant lot near lakefront and bike path in Waukegan.
Where is this land located?
The property is located at 420 Oak Street Waukegan, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Prime location within walking distance to the lakefront and bike path.; Vacant lot ready for development.; Opportunity to bundle with an existing house at 337 George St.
More about this property
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