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Flex Warehouse with Loading Docks
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1580-1598 S Lakeside Dr, Waukegan, IL 60085

Flex units include loading docks and flexible layouts with heavy parking and ongoing demolition and construction.

Property Size16,522 SF
Days on Market1215

Property Features for 1580-1598 S Lakeside Dr

General Information

Standard status Active
Size 16,522 SF
Property subtype FLEX_R_AND_D
Listing Agency: Colliers | Chicago Rosemont
Listed By: Jonathon Connor
Source: Moodyscre
Added: Apr 3, 2023 Changed: Jul 25 Last Checked: Jul 29 at 3:29PM

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 Colliers | Chicago Rosemont

Investment Insights

Based on property information with market context.

This flex warehouse property features units with loading docks and flexible layouts. Demolition and construction are currently underway, with flex space available in multiple sizes.

The property is located within a business park in Prestigious Amherst Lake. It also includes building and monument signage opportunities and offers heavy parking.

Units range from 10,384 to 59,250 square feet, making the overall configuration suitable for tenants seeking adaptable flex layouts within an industrial setting.

Key Highlights

  • Flexible flex unit layouts ranging from 10,384–59,250 SF
  • Loading docks included on the available flex units
  • Demolition and construction underway on the flex units

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Real Estate Agency Storage Facility Law Firm Spa & Massage Center Nail Salon

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

201
Businesses Nearby
Well-served
Demand for This Use

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

Lease Benchmarks for Waukegan, IL

$15.25 /SF/Yr
Avg Asking Price
$13–$18 /SF/Yr
Price Range
4,051 SF
Avg Space Size

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Flex units include loading docks and flexible layouts with heavy parking and ongoing demolition and construction.
Where is this flex space located?
The property is located at 1580-1598 S Lakeside Dr Waukegan, IL.
What are key features of this property?
This property features: Flexible flex unit layouts ranging from 10,384–59,250 SF; Loading docks included on the available flex units; Demolition and construction underway on the flex units
(847) 436-6664 Call to check price and availability
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