Search
Flex Units Under Construction
For Lease
Contact for pricing

1501-1531 White Oak Dr, Waukegan, IL 60085

Flex unit layouts are available within a business park setting with heavy parking and signage opportunities.

Property Size5,000 SF - 40,504 SF
Days on Market1215

Property Features for 1501-1531 White Oak Dr

General Information

Standard status Active
Size 5,000 SF - 40,504 SF
Net Rentable 5,000 SF
Property subtype FLEX_R_AND_D

Space & Availability

Available Space 5,000-40,504 SF
Divisible Yes
Space Use Flex

Amenities

Building and Monument Signage Opportunities
Listing Agency: Colliers | Chicago Rosemont
Listed By: Jonathon Connor
Source: Moodyscre
Added: Apr 3, 2023 Changed: Jul 30 Last Checked: Jul 30 at 3:45AM

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.

Demolition and construction are underway on flex units, with flexible layouts available from 5,000 to 40,504 SF. The site is designed to support easy operations with heavy parking, and it offers building and monument signage opportunities for tenants who want visibility.

The property is located in the Amhurst Lake business park area and provides convenient access to abundant restaurants and retail nearby.

Additional benefits include low Lake County taxes, which may help tenants evaluating operating costs. For flexible space requirements, these units are being built or refreshed to accommodate a range of layout needs within the stated SF range.

Key Highlights

  • Demolition and construction underway on flex units
  • Flexible layouts available from 5,000 to 40,504 SF
  • Heavy parking on site

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Hair Salon HVAC Service Law Firm (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

331
Businesses Nearby
Balanced
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
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?
Flex space - Flex unit layouts are available within a business park setting with heavy parking and signage opportunities.
Where is this flex space located?
The property is located at 1501-1531 White Oak Dr Waukegan, IL.
What are key features of this property?
This property features: Demolition and construction underway on flex units; Flexible layouts available from 5,000 to 40,504 SF; Heavy parking on site
(847) 436-6664 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message