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Updated Manufacturing Property
New
For Sale
$750,000

3055 Westwaukee Road, Waukegan, IL 60085

Two distinct shop areas are configured for machining and mechanical work, with some equipment included in the sale.

Property SizeContact for details
Days on Market7

Property Features for 3055 Westwaukee Road

General Information

Standard status Active
Property subtype Commercial

Additional Details

Fenced Yard Yes

Taxes and HOA fees

Annual Taxes $15,100

Amenities

Metal Roof

Building Details

Year Built 1984
Buildings 1
Listing Agency: CALLAHAN BLANDINGS & SCHAPER
Listed By: JOHN PANTELOPOULOS · License #475097681
Source: Corcoran
Added: Aug 5 Changed: Aug 11 Last Checked: Aug 11 at 8:12AM

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 CALLAHAN BLANDINGS & SCHAPER

Investment Insights

Based on property information with market context.

This manufacturing property contains more than 6,000 square feet across two separate shop areas on over an acre. The approximately 2,500-square-foot first unit is arranged for machinist operations, while the approximately 3,600-square-foot second unit is configured as a mechanics shop. The building was constructed in 1984 and has been updated.

Located at 3055 Westwaukee Road in Waukegan, Illinois, the property combines manufacturing and automotive service configurations within one building. Certain equipment is included, although exclusions remain to be determined. The seller may require up to 60 days to vacate after the transaction.

Key Highlights

  • More than 6,000 SF of building area on over an acre
  • Approximately 2,500 SF machinist shop in Unit #1
  • Approximately 3,600 SF mechanics shop in Unit #2

Property Analytics

Current Use

Manufacturing properties

Suggested Use

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

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

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

495
Businesses Nearby

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Two distinct shop areas are configured for machining and mechanical work, with some equipment included in the sale.
Where is this manufacturing property located?
The property is located at 3055 Westwaukee Road Waukegan, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: More than 6,000 SF of building area on over an acre; Approximately 2,500 SF machinist shop in Unit #1; Approximately 3,600 SF mechanics shop in Unit #2
More about this property
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