0 Genesee St, Waukegan, IL 60085

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