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23.49 Acre Vacant Land
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38101 N Sheridan Rd, Waukegan, IL 60087

Vacant land with frontage on Sheridan Road, many potential uses.

Property SizeContact for details
Lot Size23.49 Acres
Days on Market1343

Property Features for 38101 N Sheridan Rd

General Information

Standard status Active
Lot size 23.49 Acres
Property subtype Land
Listing Agency: BRIAN COLEMAN & ASSOCIATES, INC.
Listed By: Brian Coleman · License #IL
Source: Crexi
Added: Dec 17, 2022 Changed: Aug 14 Last Checked: Aug 20 at 8:43PM

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 BRIAN COLEMAN & ASSOCIATES, INC.

Investment Insights

Based on property information with market context.

This vacant property encompasses approximately 23.49 acres and features over 940 feet of frontage on Sheridan Road. The property is currently zoned AG, but the Village's Comprehensive Plan designates it as Mixed Use. It is located within a TIF District and the Sheridan Road Corridor Overlay District, offering potential development incentives. Potential uses include retail, residential, and sports facilities, both indoor and outdoor, among many others. An adjacent 5-acre vacant parcel to the north, owned by a related party, is also available.

Key Highlights

  • Large +/-23.49 acre vacant property with many potential uses (retail, residential, sports facility, etc.).
  • Over 940 feet of frontage on Sheridan Road.**
  • Located in a TIF District.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Auto Parts Store Auto Repair Shop

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

102
Businesses Nearby

Demographics for 60087, IL

28,207
Population
10,047
Households
2.8
Avg Household Size
36
Median Age
18%
College-Educated
77%
High-School Grad
13.0 sq mi
ZIP Area
2,170
Density / Sq Mi
$79,162
Median Household Income
$38,929
Median Earnings
$1,294
Median Rent
$185,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Vacant land with frontage on Sheridan Road, many potential uses.
Where is this commercial land located?
The property is located at 38101 N Sheridan Rd Waukegan, IL.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Large +/-23.49 acre vacant property with many potential uses (retail, residential, sports facility, etc.).; Over 940 feet of frontage on Sheridan Road.**; Located in a TIF District.
(847) 322-3566 Call to check price and availability
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