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    1507-1551 Waukegan Rd Waukegan, IL 60085

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    For Lease
    Contact for pricing

    Office space for lease in Amhurst Lake Business Park.

    Property size:
    3,931 SF
    Lot size:
    7.32 Acres

    Property Features for 1507-1551 Waukegan Rd

    General Information

    Size
    3,931 SF
    Lot size
    7.32 Acres

    Source: Colliers | Chicago Rosemont Agent Jonathon Connor

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

    Overview

    Waukegan Road Office Space Available

    Available for lease is office space ranging from 3,931 to 36,244 square feet, divisible to suit tenant requirements. The property features a parking ratio of 6.0 per 1,000 square feet. Located in the Amhurst Lake Business Park, the property benefits from low Lake County taxes and high visibility along Waukegan Road, with convenient access to a variety of restaurants and retail options. Its location provides convenient access to I-94. Signage opportunities are available on Waukegan Road.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waukegan
    County
    Lake
    State
    Illinois
    Longitude
    -87.894094
    Latitude
    42.3328478

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    FAQs

    What type of property is this?
    Office space - Office space for lease in Amhurst Lake Business Park.
    Where is this office space located?
    The property is located at 1507-1551 Waukegan Rd Waukegan, IL.
    What are key features of this property?
    This property features: - Divisible spaces available for lease from 3,931 – 36,244 SF; - High visibility and prime location on Waukegan Road, near I-94; - Amhurst Lake Business Park location
    (847) 436-6664
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    1507-1551 Waukegan Rd 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
    1507-1551 Waukegan Rd Waukegan, IL 60085
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