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Brick Restaurant with Second-Floor Apartments
For Sale
$449,900

818 10th Street, Waukegan, IL 60085

COMMERCIAL - Waukegan, IL

Property SizeContact for details
Lot Size0.16 Acres
Days on Market818

Property Features for 818 10th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Lewis and 10th St, East to Address
Subdivision Park City / Waukegan
Standard status Active
APN 08283230180000
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 3926

Utilities

Cooling system Exhaust Fan (Cooling)

Building Details

Floors in Building 2
Building materials Brick, Concrete
Roof type Membrane, Rubber
Listing Agency: Netgar Investments Inc
Listed By: Porfirio Garcia · License #471005245
Added: May 17, 2024 Changed: Aug 4 Last Checked: Aug 12 at 7:06PM
MLS# 12059249

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.

Brick mixed-use building at 818 10th Street, Waukegan, IL 60085, featuring a restaurant use on the first floor and two apartments on the second floor. The first floor includes a Mexican restaurant and additional space intended for gambling machines, along with potential for a sports bar.

The property sits on a 0.155-acre lot and is constructed with brick and concrete. Cooling is supported by an exhaust fan. The roof is described as membrane/rubber.

Zoned COMMR, the building offers a straightforward live-and-work setup for an owner-operator or an investor seeking mixed-use income potential within a commercial street setting noted in the remarks.

Key Highlights

  • First‑floor Mexican restaurant with additional space for gambling machines
  • Two apartments on the second floor
  • Brick and concrete mixed‑use building

Property Analytics

Current Use

Joyeria Y Discoteca ... (Bike/Boat/Book/etc) Store

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.

Location Intelligence

Trade Area within ½ mile

381
Businesses Nearby
Under-served
Demand for This Use

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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Mixed-use brick building with a first-floor restaurant and two second-floor apartments, zoned COMMR in Waukegan.
Where is this conventional restaurant located?
The property is located at 818 10th Street Waukegan, IL.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: First‑floor Mexican restaurant with additional space for gambling machines; Two apartments on the second floor; Brick and concrete mixed‑use building
More about this property
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