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    1501-1531 White Oak Dr Waukegan, IL 60085

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    For Sale
    Contact for pricing

    Flex space in Amhurst Lake Business Park for sale.

    Property size:
    40,504 SF
    Lot size:
    3.90 Acres

    Property Features for 1501-1531 White Oak Dr

    General Information

    Size
    40,504 SF
    Lot size
    3.90 Acres

    Source: Colliers | Chicago Rosemont Agent Jonathon Connor

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Flex Space in Amhurst Lake

    This 40,504 square foot flex space property is located in the Amhurst Lake Business Park. It features a parking ratio of 5.3 per 1,000 square feet. The property offers tenant-controlled HVAC and building and monument signage opportunities. The property is suitable for small users and benefits from low Lake County taxes.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waukegan
    County
    Lake
    State
    Illinois
    Longitude
    -87.8921163
    Latitude
    42.3331901

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    FAQs

    What type of property is this?
    Flex space - Flex space in Amhurst Lake Business Park for sale.
    Where is this flex space located?
    The property is located at 1501-1531 White Oak Dr Waukegan, IL.
    What are key features of this property?
    This property features: - Low Lake County Taxes; - Excellent existing conditions for small users; - Benefit from a 5.3 per 1,000 parking ratio
    (847) 436-6664
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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
    1501-1531 White Oak Dr Waukegan, IL 60085
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