Historic Mixed-Use Property with
For Sale
$2,000,000
220 N Sheridan Road, Waukegan, IL 60085
The building includes multiple gathering areas, a ballroom, and reception spaces for varied commercial and creative uses.
Property Size40,000 SF
Price / SF$50
Days on Market130
Property Features for 220 N Sheridan Road
General Information
Standard status
Active
Size
40,000 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$27,313
Amenities
multiple expansive gathering spaces
Grand Ballroom
reception areas
Building Details
Building Size
40,000 SF
Year Built
1923
Stories
3
Listing Agency:
RE/MAX Plaza
(815) 385-6770
Listed By:
Gregory Klemstein
(815) 385-6770
Source:
Allinonerealestateco
Added: Apr 4
Changed: Aug 10
Last Checked: Aug 10 at 9:49AM
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 RE/MAX Plaza
Investment Insights
Based on property information with market context.
Built in 1923, the historic Waukegan Masonic Temple contains approximately 40,000 square feet with several large gathering areas, reception spaces, and a Grand Ballroom. The substantial interior offers a range of existing spaces within a distinctive historic building suitable for mixed-use, commercial, event, or creative applications.
The property occupies 220 N Sheridan Road in Waukegan, with views of Lake Michigan. It is located near the Genesee Theatre, shopping, restaurants, and transportation. The site is within both the TIF District and the Illinois Enterprise Zone, adding relevant redevelopment and commercial-planning context for prospective owners.
The property occupies 220 N Sheridan Road in Waukegan, with views of Lake Michigan. It is located near the Genesee Theatre, shopping, restaurants, and transportation. The site is within both the TIF District and the Illinois Enterprise Zone, adding relevant redevelopment and commercial-planning context for prospective owners.
Key Highlights
- Approximately 40,000 square feet in a historic 1923 building
- Grand Ballroom plus multiple large gathering and reception areas
- Views of Lake Michigan from 220 N Sheridan Road
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,068
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - The building includes multiple gathering areas, a ballroom, and reception spaces for varied commercial and creative uses.
Where is this mixed-use property located?
The property is located at 220 N Sheridan Road Waukegan, IL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Approximately 40,000 square feet in a historic 1923 building; Grand Ballroom plus multiple large gathering and reception areas; Views of Lake Michigan from 220 N Sheridan Road
