28629 Rt. 12 Hwy, Wauconda, IL 60084
This exceptional 6.03-acre commercial land parcel in Wauconda, Illinois, presents a remarkable investment opportunity. Located at 28629 RT. 12 Hwy, this property boasts a highly desirable General Business (GB) zoning, allowing for a wide range of commercial uses. The asking price is $990,000, translating to a land value of $3.77 per square foot. Situated in Lake County, with a 60084 zip code, this strategically located site benefits from exceptional visibility and accessibility. High traffic counts are a key feature, with 34,300 vehicles per day (VPD) on Route 12 and 7,450 VPD on Bonner Road, ensuring significant exposure for any business. All essential utilities are readily available, including sewer, water, gas, and electricity. The property's dimensions are approximately 649' x 422' x 597' x 426'. Its ideal location makes it perfect for various businesses, including auto, boat, or heavy equipment dealerships, flex/warehouse spaces, and leisure furniture retailers. The owner is open to exploring a joint venture or build-to-suit arrangement, offering flexibility for potential buyers. This property represents a rare chance to acquire a substantial commercial land parcel in a thriving location with excellent infrastructure and high traffic volume. Don't miss this opportunity to establish your business in a prime Wauconda location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.