Waukegan Warehouse with Outdoor
1445 11th St, Waukegan, IL 60085
82,500 SF warehouse on 4.12 acres with fenced storage.
Type:Industrial
Property size:
82,500 SFLot size:
4.12 AcresPrice / SF:
$49/SF- Added:
- Feb 6, 2026
- Days on Market:
- 99
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 1445 11th St
General Information
- Standard status
- Active
- Size
- 82,500 SF
- Lot size
- 4.12 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1953
Listing agent Zach Orzel License #475.198922
Listing office Marcus & Millichap - Chicago Downtown
Listing date Feb 6, 2026
Source Crexi
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 - Chicago Downtown
HighLights
- Single‑tenant property leased to QXO, a major distributor of building products.
- New 10‑year triple‑net lease initiated in November 2025 with 3.0 percent annual escalations.
- Approximately 82,500 square feet of warehouse space on 4.12 acres.
- Benefit from 1.6 acres of fenced‑in industrial outdoor storage space (IOS).
- Features three dock‑high doors and two drive‑in doors.
- Conveniently located between Illinois Routes 131 and 137, with proximity to Interstate 94.
Overview
The property at 1445 11th Street in Waukegan, Illinois, offers approximately 82,500 square feet of warehouse space on a 4.12-acre lot. This single-tenant asset, leased to QXO, features clear heights ranging from 12 to 18 feet. It includes three dock-high doors and two drive-in doors, along with a full sprinkler system. A notable feature is the 1.6 acres of fenced-in industrial outdoor storage space (IOS). The property is situated between Illinois Routes 131 and 137, north of the Great Lakes Naval Station, and offers proximity to Interstate 94. QXO, identified as the largest publicly traded distributor of roofing, waterproofing, and complementary building products in North America, initiated a new 10-year lease in November 2025 on a triple-net basis at $3.56 per square foot, with 3.0 percent annual escalations.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Warehouses
Similar Places Nearby
- Parkview Storage — 1504 14th St, Waukegan, IL 60085
- Self Storage Units Waukegan IL — 2221 Belvidere Rd, Waukegan, IL 60085
- CubeSmart Self Storage — 665 S Green Bay Rd, Waukegan, IL 60085
Location Insight
- Map
- Local Demand
- City
- Waukegan
- County
- Lake
- State
- Illinois
- Longitude
- -87.8503768
- Latitude
- 42.3388546
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - 82,500 SF warehouse on 4.12 acres with fenced storage.
Where is this warehouse located?
The property is located at 1445 11th St Waukegan, IL.
What is the asking price?
The asking price for this property is $4,050,000.
What are key features of this property?
This property features: Single‑tenant property leased to QXO, a major distributor of building products.; New 10‑year triple‑net lease initiated in November 2025 with 3.0 percent annual escalations.; Approximately 82,500 square feet of warehouse space on 4.12 acres.
