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    3210 Grandview Ave Waukegan, IL 60085

    Sponsored
    For Sale
    $109,000

    1.68-acre lot, B-3 zoning, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 1.68-acre commercial land parcel presents a unique investment opportunity in Waukegan, Illinois. Located at 3210 W Grandview Ave, this property boasts a highly desirable B-3 zoning classification, opening doors to a wide range of commercial development possibilities. Its strategic location offers excellent visibility from Green Bay Road, ensuring high traffic exposure for any future business. The expansive lot size provides ample space for construction and development, catering to various project scales and designs. The property is conveniently situated in Lake County, Illinois, with a zip code of 60085, providing easy access to major transportation routes and amenities. Priced competitively at $109,000, this land parcel represents a compelling investment opportunity for savvy developers and entrepreneurs seeking a prime location for their next venture. A drive-by is recommended to fully appreciate the property's potential and strategic positioning. The property's coordinates are 42.372319 latitude and -87.8787236 longitude. Serious inquiries are encouraged.

    Property Features for 3210 Grandview Ave

    General Information

    Property type
    Land
    Lot Size
    73,181 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waukegan
    County
    Lake
    State
    Illinois
    Longitude
    -87.8787236
    Latitude
    42.372319

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    FAQs

    What type of property is this?
    Land - 1.68-acre lot, B-3 zoning, high visibility.
    Where is this land located?
    The property is located at 3210 Grandview Ave Waukegan, IL.
    What is the asking price?
    The asking price for this property is $109,000.
    Request Owner's contact information
    3210 Grandview Ave Waukegan, IL 60085
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    Waukegan, IL 60085
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3210 Grandview Ave Waukegan, IL 60085
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