Property summary
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
Property profile
VerifiedCap rate & NOI
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
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
