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Historic Institutional Building
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574 S Mcalister Avenue, Waukegan, IL 60085

Built in 1900, this large institutional property offers flexible space and a sizable site for adaptive reuse projects.

Property Size14,001 SF
Lot Size0.55 Acres
Days on Market52

Property Features for 574 S Mcalister Avenue

General Information

Standard status Active
Size 14,001 SF
Lot size 0.55 Acres
Property subtype Special Purpose
Zoning OTHER

Building Details

Year Built 1900
Stories 2
Listing Agency: eXp Realty, LLC
Listed By: Fernando Godoy · License #475155825
Source: Crexi
Added: Jun 21 Changed: Aug 8 Last Checked: Aug 10 at 4:14PM

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 eXp Realty, LLC

Investment Insights

Based on property information with market context.

Constructed in 1900, this historic institutional building sits on a prominent 0.55-acre site and contains approximately 14,001 square feet. The property is designed with an expansive floor plan and substantial footprint, creating flexibility for a range of adaptive reuse or owner-occupant concepts. The package also includes approximately 24,002 square feet of land area, which may support parking, outdoor amenities, gathering spaces, recreational uses, or future site enhancements, subject to municipal approval.

The property is positioned within an established Waukegan neighborhood and is described as having convenient access to major transportation routes, along with nearby residential communities, local businesses, and public services. Its central accessibility is intended to support use cases that benefit from a stable neighborhood presence.

Given the building’s scale and character, this offering may be a fit for entrepreneurs, developers, educational organizations, religious institutions, non-profits, community groups, investors, and owner-occupants looking to shape a long-term project around a distinctive, repurposable facility. Prospective buyers should conduct independent due diligence regarding zoning, permitted uses, development possibilities, and future plans for the property.

Key Highlights

  • Institutional building built in 1900 with approximately 14,001 SF of interior space.
  • 0.55‑acre site for parking, outdoor amenities, and gathering/recreational uses (subject to municipal approval).
  • Approximately 14,001 SF building size on a prominent site, suited to adaptive reuse, redevelopment, or conversion projects.

Property Analytics

Current Use

Lake County City Government Office

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Big Box & Wholesale Store Gym & Fitness Center Computer & Electronic Repair

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

465
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Church & religious facility - Built in 1900, this large institutional property offers flexible space and a sizable site for adaptive reuse projects.
Where is this church & religious facility located?
The property is located at 574 S Mcalister Avenue Waukegan, IL.
What are key features of this property?
This property features: Institutional building built in 1900 with approximately 14,001 SF of interior space.; 0.55‑acre site for parking, outdoor amenities, and gathering/recreational uses (subject to municipal approval).; Approximately 14,001 SF building size on a prominent site, suited to adaptive reuse, redevelopment, or conversion projects.
(773) 613-9900 Call to check price and availability
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