Property summary
This exceptional 3,900 square foot retail space, ideally suited for a restaurant, is located at 511 S. Green Bay Road in Waukegan. Built in 1984, the single-tenant property boasts excellent visibility on a major thoroughfare, ensuring high exposure to potential customers. The property benefits from ample parking, a significant advantage in a high-traffic area. With over 23,000 vehicles passing daily, this location offers unparalleled access to a large customer base. The space is currently vacant and ready for immediate occupancy, presenting a unique opportunity for a restaurant operator seeking a prime location with strong visibility and convenient parking. The building's single-tenant configuration provides flexibility and control, while the substantial square footage allows for a spacious and well-designed restaurant layout. This property represents a compelling investment opportunity in a thriving Waukegan commercial district. The high traffic volume and prominent location make it an ideal choice for a business seeking significant customer reach. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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