1200 Golf RdWaukegan, IL 60087

Property Details for 1200 Golf Rd

Lot size

2.50 AC

Property type

Other commercial real estate

APN

08-08-400-017

APU

808400017

Description

This exceptional 2.4-acre commercial land parcel, located at 1200 Golf Rd, Waukegan, IL 60087, presents a compelling investment opportunity. Currently zoned B-3, this site is ideally suited for a variety of motorist-oriented commercial uses. The property boasts a high-traffic location, situated off Golf Road, a major east-west thoroughfare connecting N. Lewis Ave. and IL-137, with a combined 54,724 vehicles per day. An existing 8,000 square foot auto shop is on-site, offering potential for an owner-user to continue operations or redevelopment. The seller is open to including the business and equipment in the sale. This prime location benefits from strong demographics, with a population of 160,254 and an average household income of $82,900 within a 5-mile radius. The area is anchored by numerous national and local retailers, including Walgreens, Planet Fitness, Dollar General, McDonald's, Wendy's, Sunset House, and Hillery's BBQ. Lake County's investor-friendly tax environment further enhances the appeal of this exceptional property, priced at $1,050,000. This is a rare chance to acquire a significant commercial land holding in a thriving location.

• Alternative Use

  Use

  Valuation

  Residential

  $22,520,220

  Hospitality

  $20,628,402

  Educational

  $17,162,588

  Medical

  $17,752,836

  Retail

  $26,697,358

Location Insight

City

Waukegan

County

Lake

State

Illinois

Latitude

42.3911

Longitude

-87.8462

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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