Warehouse with Office and Outdoor
For Sale
$4,500,000
1020 Elizabeth Ave, Waukegan, IL 60085
Industrial shop with 17-foot clear height, a 14-foot grade-level door, and fenced outdoor storage, plus leased office space.
Property Size8,800 SF
Lot Size3.02 Acres
Price / SF$511.36
Days on Market25
Property Features for 1020 Elizabeth Ave
General Information
Standard status
Active
Size
8,800 SF
Lot size
3.02 Acres
Property subtype
Warehouse
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
17 ft
Drive-In Doors
1
Amenities
Partially Occupied 8,800-Square-Foot Industrial Property Situated on 3.02 Acres
Featuring Two Units, 17' Clear-Height, One 14' Grade-Level Door, ±2.75 Acres of Fenced-In IOS, and Proximity to I-94
Vacant 6,700-Square-Foot Warehouse Space with IOS for Owner Use or Lease-Up Investment Opportunity
1,800-Square-Foot Office Space Leased Until October 2028 | Office Trailer Space Leased on Monthly Basis
Building Details
Building Size
8,800 SF
Year Built
1960
Listing Agency:
Marcus & Millichap - Dallas
(312) 327-5499
Listed By:
Alexander Zlotnik · License #License(s): IL: 475212760
(312) 327-5499
Source:
Marcusmillichap
Added: Jul 23
Changed: Aug 14
Last Checked: Aug 16 at 3:02AM
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 Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
This property includes 8,800 square feet of industrial shop and office space across two buildings, supported by a 17-foot clear height for storage and work areas. A single 14-foot grade-level door provides access for larger equipment and materials. The site also offers approximately 2.75 acres of fenced-in industrial outside storage, supported by a total land area of 3.02 acres.
Access to major transportation routes is described as being conveniently near Interstate 94, supporting efficient shipping and receiving operations.
The property includes available owner-use warehouse space totaling 6,700 square feet, with an additional 1,800-square-foot office space currently leased through October 2028. An office trailer space is also leased on a monthly basis. The combination of leased and vacant space is intended to support an owner who can lease up the property while retaining an operating warehouse component.
Access to major transportation routes is described as being conveniently near Interstate 94, supporting efficient shipping and receiving operations.
The property includes available owner-use warehouse space totaling 6,700 square feet, with an additional 1,800-square-foot office space currently leased through October 2028. An office trailer space is also leased on a monthly basis. The combination of leased and vacant space is intended to support an owner who can lease up the property while retaining an operating warehouse component.
Key Highlights
- 8,800‑SF industrial shop and office space on 3.02 acres with 17‑foot clear height
- Includes 14‑foot grade‑level door for easy loading and access for large equipment/materials
- Approximately 2.75 acres of fenced‑in industrial outdoor storage
Property Analytics
Property Profile
Current Use
Lease Details
17 ft
Clear height
1
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
418
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Hal's Self Storage — 1121 Washington St REAR, Waukegan, IL 60085
- ABW Self Storage Unit — 1103 Washington St, Waukegan, IL 60085
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial shop with 17-foot clear height, a 14-foot grade-level door, and fenced outdoor storage, plus leased office space.
Where is this warehouse located?
The property is located at 1020 Elizabeth Ave Waukegan, IL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 8,800‑SF industrial shop and office space on 3.02 acres with 17‑foot clear height; Includes 14‑foot grade‑level door for easy loading and access for large equipment/materials; Approximately 2.75 acres of fenced‑in industrial outdoor storage
