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Commercial Land Development Opportunity
For Sale
$499,000
Pending

35400 N Green Bay Road, Waukegan, IL 60085

2.4 acres at a highly-trafficked, stoplight "hard corner".

Property SizeContact for details
Lot Size2.38 Acres
Days on Market807

Property Features for 35400 N Green Bay Road

General Information

Standard status Pending
Lot size 2.38 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $12,802
Listing Agency: CALLAHAN BLANDINGS & SCHAPER
Listed By: NICHOLAS NICKETAKIS · License #471016615
Source: Corcoran
Added: Jun 5, 2024 Changed: Aug 8 Last Checked: Aug 8 at 12:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CALLAHAN BLANDINGS & SCHAPER

Investment Insights

Based on property information with market context.

This approximately 2.4-acre commercial land offers a development opportunity at a highly-trafficked, stoplight "hard corner". The location benefits from strong demographics, including an estimated population of 103,000, an average household income of $85,000, and a daytime population of almost 88,000 within a 3-mile radius. The average daily traffic count at the intersection is 35,000 vehicles per day. The property is adjacent to, and can be annexed to either Gurnee or Waukegan.

Key Highlights

  • Highly‑trafficked, stoplight "hard corner" location ideal for commercial development
  • High average daily traffic count of 35,000 VPD
  • Strong demographics: 103,000 population and $85,000 average household income within a 3‑mile radius

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Skin Care Clinic (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

655
Businesses Nearby

Demographics for 60085, IL

71,609
Population
26,781
Households
2.7
Avg Household Size
33
Median Age
19%
College-Educated
74%
High-School Grad
14.8 sq mi
ZIP Area
4,838
Density / Sq Mi
$64,330
Median Household Income
$35,645
Median Earnings
$1,133
Median Rent
$164,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 2.4 acres at a highly-trafficked, stoplight "hard corner".
Where is this commercial land located?
The property is located at 35400 N Green Bay Road Waukegan, IL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Highly‑trafficked, stoplight "hard corner" location ideal for commercial development; High average daily traffic count of 35,000 VPD; Strong demographics: 103,000 population and $85,000 average household income within a 3‑mile radius
More about this property
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