Property profile

1360 Green Bay Rd Waukegan, IL 60085

OFF-MARKET
Retail properties & Spaces
Built 2009
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Property summary

AI-generated overview

This exceptional 856-square-foot retail space is situated within the Green Grove Plaza, a newer multi-tenant strip center in Waukegan, Illinois. Built in 2009, this Class B property boasts a single, one-story building offering a vibrant mix of established businesses, including national chains and local favorites. The property is conveniently located on the west side of Green Bay Road (Route 131), just north of Grove Avenue, in Lake County. This high-traffic area benefits from its proximity to a diverse range of existing tenants, ensuring strong visibility and foot traffic for your business. Waukegan's strategic location, halfway between Chicago and Milwaukee, provides access to a large and diverse customer base. The space is ideal for a variety of retail uses and presents a fantastic opportunity to establish or expand your business in a thriving community. One space is currently available, offering immediate occupancy. The property is part of a well-maintained, multi-tenant center, ensuring a professional and attractive environment for your business. This is a rare opportunity to secure a retail space in a desirable location with excellent visibility and strong tenant synergy.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2009

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Laboratory
  • Medical Group
  • HVAC Service
  • Physician

Location

1360 Green Bay Rd Waukegan, IL 60085
Waukegan metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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