Waukegan Development
For Sale
Contact for pricing
200 N Green Bay Rd, Waukegan, IL 60085
5.69-acre site for retail, multifamily, or mixed-use development.
Property SizeContact for details
Lot Size5.69 Acres
Days on Market177
Property Features for 200 N Green Bay Rd
General Information
Standard status
Active
Lot size
5.69 Acres
Property subtype
Land
Zoning
B-3
Listing Agency:
Northmarq
(512) 450-6820
Listed By:
Scott Lamontagne · License #TX 509323
Source:
Crexi
Added: Feb 25
Changed: Aug 8
Last Checked: Aug 20 at 7:21PM
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 Northmarq
Investment Insights
Based on property information with market context.
This \u00b15.69-acre development opportunity is located at 200 N. Green Bay Road in Waukegan, Illinois, within the North Chicago submarket. The site is suitable for retail, multifamily, or mixed-use development. Positioned along the western shores of Lake Michigan, the property is centrally located between the Chicago and Milwaukee metropolitan areas. It benefits from regional demand drivers, access to major transportation corridors, and proximity to a diversified employment base anchored by healthcare, pharmaceutical, manufacturing, and corporate headquarters. The property is zoned B-3, General Commercial, permitting retail, restaurant, and office uses. Mixed-use multifamily development is permitted via conditional use approval. The zoning allows building heights up to 100 feet, providing potential for higher-density mixed-use development. This location presents an opportunity for retail, multifamily, or mixed-use development.
Key Highlights
- ±5.69‑acre development opportunity in a significant employment corridor of the Chicago metropolitan area.
- Located between Chicago and Milwaukee, benefiting from strong regional demand drivers.
- Zoned B‑3, permitting retail, restaurant, and office uses by‑right; mixed‑use multifamily permitted via conditional use.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
786
Businesses Nearby
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 5.69-acre site for retail, multifamily, or mixed-use development.
Where is this commercial land located?
The property is located at 200 N Green Bay Rd Waukegan, IL.
What are key features of this property?
This property features: ±5.69‑acre development opportunity in a significant employment corridor of the Chicago metropolitan area.; Located between Chicago and Milwaukee, benefiting from strong regional demand drivers.; Zoned B‑3, permitting retail, restaurant, and office uses by‑right; mixed‑use multifamily permitted via conditional use.
