89,000 SF Warehouse with
For Sale
$1,900,000
651 S Martin Luther King Jr Avenue, Waukegan, IL 60085
Versatile warehouse with ample parking and office space for sale.
Property Size89,000 SF
Price / SF$21.35
Days on Market199
Property Features for 651 S Martin Luther King Jr Avenue
General Information
Standard status
Active
Size
89,000 SF
Property subtype
Commercial
Building Details
Year Built
1956
Listing Agency:
MILLENNIUM PROPERTIES RE, INC.
(312) 338-3000
Listed By:
BRAD THOMPSON · License #471013662
Source:
Corcoran
Added: Jan 12
Changed: Jul 6
Last Checked: Jul 30 at 9:22AM
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 RE, INC.
Investment Insights
Based on property information with market context.
This is an 89,000 square foot warehouse building that includes office space. The property features high ceilings and large loading docks. On-site parking is available for over 240 cars. The building is fully conditioned with heating and a sprinkler system. Multiple offices feature large windows, allowing for natural sunlight. This property is suitable for distribution, manufacturing, or storage.
Key Highlights
- 89,000 sq foot warehouse suitable for distribution, manufacturing, or storage.
- Ample on‑site parking for over 240 cars.
- High ceilings and large loading docks facilitate efficient operations.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,207
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Similar Off Market Nearby
- Hal's Self Storage — 1121 Washington St REAR, Waukegan, IL 60085
Frequently Asked Questions
What type of property is this?
Warehouse - Versatile warehouse with ample parking and office space for sale.
Where is this warehouse located?
The property is located at 651 S Martin Luther King Jr Avenue Waukegan, IL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 89,000 sq foot warehouse suitable for distribution, manufacturing, or storage.; Ample on‑site parking for over 240 cars.; High ceilings and large loading docks facilitate efficient operations.
