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B3 Commercial Corner Land
For Sale
$450,000

207 Pigeon Avenue, Waukegan, IL 60085

B3-zoned corner parcel with utilities at the site and an existing outbuilding for commercial redevelopment.

Property SizeContact for details
Days on Market10

Property Features for 207 Pigeon Avenue

General Information

Standard status Active
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $8,803
Listing Agency: REALTY WORLD TIFFANY R.E.
Listed By: JACK FIELDS · License #475146944
Source: Corcoran
Added: Sep 18 Changed: Sep 24 Last Checked: Sep 26 at 7:37AM

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 REALTY WORLD TIFFANY R.E.

Investment Insights

Based on property information with market context.

This 1.52-acre commercial land parcel occupies the corner of Green Bay Road and Brookside Avenue in Waukegan, Illinois. The site is zoned B3 general commercial and includes a small home plus a 2,520-square-foot outbuilding with a second floor. Utilities are available to the site, supporting a range of commercial redevelopment plans.

Green Bay Road carries approximately 25,600 vehicles daily, and the property is positioned near Kia, Toyota, and Pep Boys. Existing road access, corner placement, and frontage along Green Bay Road and Brookside Avenue provide a defined setting for future commercial use. The source information identifies retail, automotive, restaurant, office, and other commercial redevelopment as potential applications.

Key Highlights

  • 1.52‑acre corner parcel at Green Bay Road and Brookside Avenue
  • B3 general commercial zoning
  • Approximately 25,600 vehicles travel Green Bay Road daily

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Garden Center

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

Location Intelligence

Trade Area within ½ mile

786
Businesses Nearby
68k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 85% Dining 12% Beauty & Spa 2% Hotels & Casinos 1%
Thorntons Shops & Services
20,694 visits/mo 0.5 miles
Shell Shops & Services
10,420 visits/mo 0.3 miles
Dunkin' Donuts Dining
7,949 visits/mo 0.3 miles
Exxon Shops & Services
7,281 visits/mo 0.5 miles
Consumers Credit Union Shops & Services
7,123 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - B3-zoned corner parcel with utilities at the site and an existing outbuilding for commercial redevelopment.
Where is this commercial land located?
The property is located at 207 Pigeon Avenue Waukegan, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1.52‑acre corner parcel at Green Bay Road and Brookside Avenue; B3 general commercial zoning; Approximately 25,600 vehicles travel Green Bay Road daily
More about this property
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