Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Genesee St Waukegan, IL 60085

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Genesee St

    Property type
    Land

    Description

    This exceptional commercial land offering presents a prime development opportunity in the heart of Downtown Waukegan, Illinois. The property encompasses two vacant lots totaling 12,750 square feet, situated along N. Genesee Street, measuring 127.5 feet of frontage and 100 feet deep. Currently zoned R5, this allows for multi-family residential development. The property's location offers significant advantages, with a high-rise residential building directly across the street, housing over 150 units, indicating strong existing demand. A maximum building height of 45 feet is permitted under current zoning regulations, although a Planned Unit Development (PUD) request can be submitted for alternative development plans. The seller will retain a permanent easement for eight parking spaces

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waukegan
    County
    Lake
    State
    Illinois
    Longitude
    -87.8312
    Latitude
    42.3652

    Comparable in this City

    • Value Estimation by Request

      402 Lakehurst Rd

      Land
      402 Lakehurst Rd, Waukegan, IL 60085
      View Details
    • Value Estimation by Request
      16.00 Acres

      2253 Belvidere Rd

      Land • 16.00 Acres
      2253 Belvidere Rd, Waukegan, IL 60085
      View Details
    • Value Estimation by Request

      12352 Atlantic Ave

      Land
      12352 Atlantic Ave, Waukegan, IL 60085
      View Details
    • Value Estimation by Request

      2253 Belvidere Rd

      Land
      2253 Belvidere Rd, Waukegan, IL 60085
      View Details
    • Value Estimation by Request
      1.68 Acres

      3210 Grandview Ave

      Land • 1.68 Acres
      3210 Grandview Ave, Waukegan, IL 60085
      View Details
    • Value Estimation by Request
      3.12 Acres

      3680 Casimer Pulaski Dr

      Land • 3.12 Acres
      3680 Casimer Pulaski Dr, Waukegan, IL 60085
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.39 Acres

      Waukegan Commercial Development Land

      0.39-Acre Site, Ground Lease Available
      2301 Belvidere Rd, Waukegan, IL 60085
      View Details
    • $109,000
      1.68 Acres

      Waukegan Commercial Land - $109K

      1.68-acre lot, B-3 zoning, high visibility.
      3210 Grandview Ave, Waukegan, IL 60085
      View Details
    • Contact for pricing

      Waukegan Commercial Land - Grand Ave.

      1.63 Acres, C-1 Zoning, Prime Location
      1213 Grand Ave, Waukegan, IL 60085
      View Details
    • $957,000
      3.12 Acres

      Waukegan Commercial Land - $957K

      3.12-acre commercial lot, prime location.
      3680 Casimer Pulaski Dr, Waukegan, IL 60085
      View Details
    • $1,750,000

      Land Available for Sale

      Land available for sale in Waukegan, Illinois.
      712 S Green Bay Rd, Waukegan, IL 60085
      View Details
    • $40,000

      Waukegan Land Parcel For Sale

      Land parcel available for development in Waukegan, Illinois.
      574 S Mcalister Ave, Waukegan, IL 60085
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      32,670 SF

      Waukegan Retail Outlot For Lease

      High-traffic retail space, multiple units available.
      1700 Lewis Ave, Waukegan, IL 60085
      View Details
    • Contact for pricing
      43,560 SF

      Waukegan Commercial Land Opportunity

      Prime 1-Acre Outparcel Near Casino
      402 Lakehurst Rd, Waukegan, IL 60085
      View Details
    • Contact for pricing
      48,787 SF

      Waukegan Commercial Land Opportunity

      High-traffic location, build-to-suit available.
      3109 Belvidere Rd, Park City, IL 60085
      View Details
    • Contact for pricing

      Waukegan Commercial Land Development

      Prime Waukegan retail land near Belvidere Mall.
      2253 Belvidere Rd, Waukegan, IL 60085
      View Details
    • Contact for pricing
      43,560 SF

      Land for Lease in Waukegan

      Land available for lease in Waukegan, Illinois.
      1350 N Lewis Ave, Waukegan, IL 60085
      View Details
    • $15 SF/Yr

      Retail Space in Waukegan Center

      Retail spaces available in neighborhood shopping center on Grand Ave.
      2603 Grand Ave, Waukegan, IL 60085
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Genesee St
    Waukegan, IL 60085
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.