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Three-Story Mixed-Use Building
For Sale
Contact for pricing
Pending

38 North Genesee Street, Waukegan, IL 60085

Main-floor food business occupies an upgraded storefront in downtown Waukegan’s central business area.

Property Size8,000 SF
Days on Market143

Property Features for 38 North Genesee Street

General Information

Standard status Pending
Size 8,000 SF
Property subtype Retail

Additional Details

Business Included Yes

Building Details

Year Renovated 2019
Buildings 1
Stories 3
Listing Agency: Four Seasons Homes LLC
Listed By: Yongjun Zhang · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:31AM

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 Four Seasons Homes LLC

Investment Insights

Based on property information with market context.

This mixed-use property contains an 8,000-square-foot, three-story building with a full basement. The main level includes an established food business and a storefront upgraded in June 2019. The second floor provides 12 rooms and 2 baths, while the third floor adds 8 rooms and 2 baths. A full basement supplies additional storage space.

The building is positioned in downtown Waukegan’s central business area, near the College of Lake County and Lake County Government Campus. A train station is within steps of the property, with entertainment offerings also located nearby. The existing storefront and multi-level interior create a combination of commercial, room, and storage areas within one building.

Key Highlights

  • 8,000‑square‑foot, three‑story mixed‑use building with full basement
  • Main‑floor established food business and storefront upgraded in June 2019
  • Second floor includes 12 rooms and 2 baths

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Auto Parts Store Skin Care Clinic Electrical Service

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,083
Businesses Nearby
32k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
McDonald's Dining
23,809 visits/mo 0.2 miles
Dunkin' Donuts Dining
5,303 visits/mo 0.2 miles
China Garden Dining
2,835 visits/mo 0.3 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

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Mixed-use property - Main-floor food business occupies an upgraded storefront in downtown Waukegan’s central business area.
Where is this mixed-use property located?
The property is located at 38 North Genesee Street Waukegan, IL.
What are key features of this property?
This property features: 8,000‑square‑foot, three‑story mixed‑use building with full basement; Main‑floor established food business and storefront upgraded in June 2019; Second floor includes 12 rooms and 2 baths
More about this property
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