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    919 N Green Bay Rd Waukegan, IL 60085

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    For Sale
    Contact for pricing

    Freestanding retail property with drive-thru in strong transit location.

    Property size:
    3,129 SF
    Lot size:
    1.22 Acres

    Property Features for 919 N Green Bay Rd

    General Information

    Size
    3,129 SF
    Lot size
    1.22 Acres

    Source: Brookline Real Estate Agent Bill Lundy

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

    Overview

    Waukegan Retail Property with Drive-Thru

    This freestanding retail property in Waukegan, Illinois, offers high visibility and a drive-thru. The 3,129-square-foot building is positioned on Green Bay Road, near the intersection with Grand Avenue (Route 132), in a strong, transit-oriented location. The property benefits from its location along a heavy trade corridor, surrounded by retailers such as Jewel-Osco, Walgreens, Huntington Bank, Verizon, and Burger King. It is directly at a PACE bus stop and blocks from Route 41 and I-94, providing heavy vehicle and foot traffic. Other national retailers at this intersection include Starbucks, McDonald’s, Dollar Tree, Fifth Third Bank, and Thorntons. The property includes three points of ingress/egress on three separate roads and parking for up to 50 vehicles.
    Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -87.8819117
    Latitude
    42.3728013

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    FAQs

    What type of property is this?
    Drive through restaurant - Freestanding retail property with drive-thru in strong transit location.
    Where is this drive through restaurant located?
    The property is located at 919 N Green Bay Rd Waukegan, IL.
    What are key features of this property?
    This property features: - High visibility freestanding retail property with drive-thru on Green Bay Road near Grand Avenue (Route 132).; - Strong transit-oriented location with heavy vehicle and foot traffic, directly at a PACE bus stop and blocks from Route 41 and I-94.; - Surrounded by national retailers including Jewel-Osco, Walgreens, Starbucks, and McDonald’s.
    (630) 590-5910
    Request Owner's contact information
    919 N Green Bay Rd Waukegan, IL 60085
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    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
    919 N Green Bay Rd Waukegan, IL 60085
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