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    940 Northpoint Blvd Waukegan, IL 60085

    For Lease
    $6 SF/Yr ($2,400 /Mo)

    4,800 SF warehouse with 1,385 SF office space available.

    Property size:
    4,800 SF
    Lot size:
    2.98 Acres

    Property Features for 940 Northpoint Blvd

    General Information

    Size
    4,800 SF
    Lot size
    2.98 Acres

    Source: KBC Advisors | Chicago Agent Brandon Waters

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

    Overview

    Waukegan Warehouse with Office Space

    This property offers 4,800 square feet of space, including 1,385 square feet of office area. The warehouse features a 17-foot clear height, one dock door, and one drive-in door. It provides immediate access to I-94 via Route 120. The location benefits from a highly dense warehouse labor pool.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Similar Places Nearby

    Secure Storage, Highway 41 Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Waukegan
    County
    Lake
    State
    Illinois
    Longitude
    -87.8904011
    Latitude
    42.341672

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    FAQs

    What type of property is this?
    Warehouse - 4,800 SF warehouse with 1,385 SF office space available.
    Where is this warehouse located?
    The property is located at 940 Northpoint Blvd Waukegan, IL.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Immediate access to I-94 via Route 120; - 4,800 SF Available; - Benefit from the **17' Clear Height**
    (773) 453-7020
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    940 Northpoint Blvd 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
    940 Northpoint Blvd Waukegan, IL 60085
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