Waukegan Warehouse with Flexible
For Sale
Contact for pricing
651 S Martin Luther King Dr, Waukegan, IL
86,000 SF warehouse suitable for distribution, manufacturing, or storage.
Property Size86,000 SF
Lot Size2.06 Acres
Price / SF$23.24
Days on Market337
Property Features for 651 S Martin Luther King Dr
General Information
Standard status
Active
Size
86,000 SF
Lot size
2.06 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Millennium Properties Real Estate
(312) 338-3012
Listed By:
BRAD THOMPSON · License #471013662
(312) 338-3012
Source:
Moodyscre
Added: Sep 19, 2025
Changed: Aug 19
Last Checked: Aug 20 at 12:25PM
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 Millennium Properties Real Estate
Investment Insights
Based on property information with market context.
This 86,000 square foot warehouse features flexible workspace with open office areas and conference/meeting rooms. The building includes 14-foot ceilings, three loading docks, and one drive-in door. It is equipped with 1,600 AMPs of power at 480 Volts, with 3 & 4 phase capabilities. The property is suitable for distribution, manufacturing, or storage purposes. The land area is 130,680 square feet and provides parking for 240 vehicles. It is located in Waukegan, IL. The zoning is B2. Taxes for 2023 were $23,661.08.
Key Highlights
- 86,000 SF warehouse space suitable for distribution, manufacturing, or storage.
- Flexible workspace with open office areas and conference/meeting rooms.
- Ample parking with 240 vehicle spaces.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,068
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
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- ABW Self Storage Unit — 1103 Washington St, Waukegan, IL 60085
Frequently Asked Questions
What type of property is this?
Warehouse - 86,000 SF warehouse suitable for distribution, manufacturing, or storage.
Where is this warehouse located?
The property is located at 651 S Martin Luther King Dr Waukegan, IL.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: 86,000 SF warehouse space suitable for distribution, manufacturing, or storage.; Flexible workspace with open office areas and conference/meeting rooms.; Ample parking with 240 vehicle spaces.
