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    3680 Casimer Pulaski Dr Waukegan, IL 60085

    Sponsored
    For Sale
    $957,000

    3.12-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.12-acre commercial land parcel, located at 3680 Casimer Pulaski Memorial Drive in Waukegan, Illinois (APN: 07-36-202-021), presents a compelling investment opportunity. Zoned B3, this property boasts a highly desirable location, situated on a corner lot at the intersection of Waukegan and Pulaski Roads, offering excellent visibility and accessibility. All utilities are available on-site. The property's strategic position offers easy access to I-94, placing it within a short drive of major transportation arteries and less than an hour and a half from Chicago. The surrounding area is thriving, with nearby established businesses including FedEx, Ship Center, and Walmart, as well as prominent hotels such as Candlewood Suites, Holiday Inn Express, Sonesta Suites, and Home Town Studios. Furthermore, its proximity to the Fountain Square Commercial Development, which includes a proposed casino and entertainment venue, significantly enhances its potential. This prime location offers developers a unique opportunity to create a variety of commercial ventures, including retail centers, hotels, multi-family residential buildings, or restaurants. The property's proximity to popular attractions like Great Wolf Lodge and Six Flags further strengthens its appeal. This is a rare chance to acquire a substantial commercial land parcel in a rapidly developing area with significant growth potential.

    Property Features for 3680 Casimer Pulaski Dr

    General Information

    Property type
    Land
    Lot Size
    135,907 SF

    HighLights

    • 3.12‑acre commercial land parcel in Waukegan, IL (APN: 07‑36‑202‑021).
    • B3 zoning, corner lot at Waukegan and Pulaski Roads with excellent visibility and accessibility.
    • All utilities available; easy I‑94 access, less than 90 minutes from Chicago.
    • Thriving area with nearby FedEx, Walmart, and multiple hotels; proximity to Fountain Square Commercial Development (including a proposed casino).
    • Development potential includes retail, hotels, multi‑family, and restaurants; near Great Wolf Lodge and Six Flags.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Waukegan
    County
    Lake
    State
    Illinois
    Longitude
    -87.89260883846
    Latitude
    42.337998325568

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    FAQs

    What type of property is this?
    Land - 3.12-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 3680 Casimer Pulaski Dr Waukegan, IL.
    What is the asking price?
    The asking price for this property is $957,000.
    What are key features of this property?
    This property features: 3.12-acre commercial land parcel in Waukegan, IL (APN: 07-36-202-021).; B3 zoning, corner lot at Waukegan and Pulaski Roads with excellent visibility and accessibility.; All utilities available; easy I-94 access, less than 90 minutes from Chicago.
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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
    3680 Casimer Pulaski Dr Waukegan, IL 60085
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