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    2451 N Delany Rd Waukegan, IL 60087

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    For Lease
    Contact for pricing

    Divisible 218,500 SF industrial space with immediate occupancy.

    Property size:
    218,500 SF
    Lot size:
    10.45 Acres

    Property Features for 2451 N Delany Rd

    General Information

    Size
    218,500 SF
    Lot size
    10.45 Acres

    Source: Colliers | Chicago Rosemont Agent Ned Frank

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

    Overview

    Waukegan Industrial Space Available

    This industrial property offers 218,500 square feet of divisible space, with the possibility to divide down to approximately 50,000 square feet. The building features a 32-foot clear height and is equipped with an ESFR sprinkler system. Parking is available for 300 cars. The property includes 28 exterior docks, which are expandable, and 4 drive-in doors. It has heavy power, with 3,000 Amps at 480v 3-Phase. Column spacing is 45 feet by 53 feet, with 45 feet by 60 feet speed bays. The property is zoned I1 – Industrial and is available for immediate occupancy. Situated on 12.2 acres, the location benefits from a traffic signal at the entry on the newly widened, four-lane Delany Road. It is located 4 miles from a full interchange with I-94 at Belvidere Road.
    Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    H & P Mini Storage

    Location Insight

    • Map
    • Local Demand
    City
    Waukegan
    County
    Lake
    State
    Illinois
    Longitude
    -87.9022656
    Latitude
    42.3974294

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    FAQs

    What type of property is this?
    Warehouse - Divisible 218,500 SF industrial space with immediate occupancy.
    Where is this warehouse located?
    The property is located at 2451 N Delany Rd Waukegan, IL.
    What are key features of this property?
    This property features: - 218,500 SF divisible to approx. 50k SF with **32' clear height**.; - **Excellent logistics**: 28 exterior docks (expandable) and 4 DIDs.; - **Heavy power**: 3,000 Amps 480v 3-Phase.
    (847) 217-4821
    Request Owner's contact information
    2451 N Delany Rd Waukegan, IL 60087
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    Waukegan, IL 60087
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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
    2451 N Delany Rd Waukegan, IL 60087
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