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Mixed-Use Corner Brick Building
For Sale
$283,975
Pending

726 10th Street, Waukegan, IL 60085

Solid brick corner building with a ground-floor retail storefront plus three apartments and an attached two-car garage.

Property Size3,375 SF
Days on Market404

Property Features for 726 10th Street

General Information

Standard status Pending
Size 3,375 SF
Total Parking Spaces 2
Zoning COMMR
Net Operating Income $33,604

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $5,376

Building Details

Year Built 1950
Stories 2
Construction brick
Tenancy Multi
Listing Agency: RE/MAX Plaza
Listed By: Willie Simpson · License #475132200
Source: Compass
Added: Jul 13, 2025 Changed: Aug 8 Last Checked: Jul 24 at 3:33PM

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 RE/MAX Plaza

Investment Insights

Based on property information with market context.

This mixed-use property features a 1,740 sq. ft. retail storefront on the first floor, along with a full basement. The building is of solid brick construction and includes a 2-car attached garage. Residential space is located on the second floor with one 2-bedroom apartment and two 1-bedroom apartments.

The property sits on a corner lot in a business district and is described as having a high traffic count. The retail storefront has previously been used as a convenience store, and the space may also suit uses such as take-out restaurant, personal service business, or office.

All three apartments are currently rented on a month-to-month basis.

Key Highlights

  • Solid brick corner mixed‑use building on a corner lot in a business district
  • 1,740 SF first‑floor retail storefront with full basement and 2‑car attached garage
  • Second floor offers 1 two‑bedroom apartment and two one‑bedroom apartments

Property Analytics

Current Use

Lo-Mein Restaurant Imperial Foods Grocery & Convenience Store LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Gym & Fitness Center (Bike/Boat/Book/etc) Store Storage Facility

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

368
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Solid brick corner building with a ground-floor retail storefront plus three apartments and an attached two-car garage.
Where is this mixed-use property located?
The property is located at 726 10th Street Waukegan, IL.
What is the asking price?
The asking price for this property is $283,975.
What are key features of this property?
This property features: Solid brick corner mixed‑use building on a corner lot in a business district; 1,740 SF first‑floor retail storefront with full basement and 2‑car attached garage; Second floor offers 1 two‑bedroom apartment and two one‑bedroom apartments
More about this property
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