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Industrial Development Land at Hard Corner
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3305 Delany Road, Waukegan, IL 60087

Unimproved I-1 zoned land on a prominent hard corner, adjacent to Oak Grove Business Park, for industrial and redevelopment uses.

Property Size77,536 SF
Lot Size1.78 Acres
Price / SF$9.67
Days on Market72

Property Features for 3305 Delany Road

General Information

Standard status Active
Size 77,536 SF
Class B
Lot size 1.78 Acres
Property subtype Land, Industrial
Zoning INDUS
Listing Agency: Kinzie Real Estate Group LLC
Listed By: Jeff Schultz · License #481.012187
Source: Crexi
Added: Jun 10 Changed: Aug 19 Last Checked: Aug 19 at 9:13AM

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 Kinzie Real Estate Group LLC

Investment Insights

Based on property information with market context.

This offering consists of approximately 1.78 acres of unimproved industrial land, positioned for development in its current vacant condition. The site is located on a prominent hard corner at Delaney Road and Yorkhouse Road, providing straightforward placement for industrial, commercial, flex, or redevelopment concepts. The property is zoned I-1 (Restricted Industrial District), with zoning details referenced via an attached zoning map.

The land’s location supports access and visibility along the intersection, and it sits adjacent to Oak Grove Business Park. As such, the site benefits from proximity to an established industrial and commercial environment, which can be an advantage for owner-occupants and developers evaluating sites within an active business corridor.

For tenants, buyers, and investors seeking a development or redevelopment parcel, the I-1 zoning and hard-corner positioning create a foundation for a range of industrial-minded uses. An additional 5.0-acre parcel immediately east of the property is also available under a separate listing, and combining the two would expand overall development possibilities, frontage, and site functionality for larger-scale industrial or commercial projects.

Key Highlights

  • 1.78 acres of unimproved land on the hard corner of Delaney Road and Yorkhouse Road
  • I‑1 (Restricted Industrial District) zoning for industrial, commercial, and redevelopment uses
  • Adjacent to Oak Grove Business Park, with proximity to established industrial and commercial users

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Auto Parts Store Building Supply Auto Repair Shop

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

69
Businesses Nearby

Demographics for 60087, IL

28,207
Population
10,047
Households
2.8
Avg Household Size
36
Median Age
18%
College-Educated
77%
High-School Grad
13.0 sq mi
ZIP Area
2,170
Density / Sq Mi
$79,162
Median Household Income
$38,929
Median Earnings
$1,294
Median Rent
$185,800
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?
Industrial land - Unimproved I-1 zoned land on a prominent hard corner, adjacent to Oak Grove Business Park, for industrial and redevelopment uses.
Where is this industrial land located?
The property is located at 3305 Delany 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: 1.78 acres of unimproved land on the hard corner of Delaney Road and Yorkhouse Road; I‑1 (Restricted Industrial District) zoning for industrial, commercial, and redevelopment uses; Adjacent to Oak Grove Business Park, with proximity to established industrial and commercial users
More about this property
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