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Historic Brick Mixed-Use Building
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574 S Mcalister Avenue, Waukegan, IL 60085

COMMERCIAL - Waukegan, IL

Property Size14,001 SF
Lot Size0.55 Acres
Days on Market50

Property Features for 574 S Mcalister Avenue

General Information

Property type Commercial Sale
Property subtype Other
Directions Take Highway 120 to McAlister, head south for 3.3 miles, and the property will be on the right (west) side.
Subdivision Park City / Waukegan
Standard status Active
APN 08281250210000
Lot size 0.55 Acres

Taxes and HOA fees

Tax Year 2025

Building Details

Year built 1900
Floors in Building 2
Building materials Brick
Listing Agency: eXp Realty
Listed By: Fernando Godoy · License #475155825
Added: Jun 21 Changed: Aug 4 Last Checked: Aug 9 at 6:06PM
MLS# 12684198

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property is a substantial brick institutional building constructed in 1900. The structure contains approximately 14,001 square feet on a 0.55-acre site, providing a sizable footprint for redevelopment, adaptive reuse, or conversion by an owner-occupant. Its historic character and established physical presence distinguish it from newer commercial construction.

Located at 574 S Mcalister Avenue in Waukegan, Illinois, the property sits within an established neighborhood near residential communities, local businesses, public services, and major transportation routes. The approximately 24,002-square-foot parcel adds land area for parking, outdoor amenities, gathering areas, recreational functions, or other improvements subject to municipal approval.

The building’s scale and configuration may accommodate a range of institutional, office, community, educational, religious, cultural, or other mixed-use concepts, with zoning and permitted uses subject to independent verification.

Key Highlights

  • Approximately 14,001 square feet of building area
  • 0.55‑acre site in Waukegan, IL
  • Approximately 24,002‑square‑foot parcel

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick construction and a broad floor plan support adaptive reuse concepts.
Where is this mixed-use property located?
The property is located at 574 S Mcalister Avenue Waukegan, IL.
What are key features of this property?
This property features: Approximately 14,001 square feet of building area; 0.55‑acre site in Waukegan, IL; Approximately 24,002‑square‑foot parcel
More about this property
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