Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

1524 Lewis Ave Waukegan, IL 60085

OFF-MARKET
Retail space
Property ID
US28-1438239
3,964 SF 0.26 ac lot Built 1965
Last sale Sep 2023 · $275,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional retail property, located at 1524 N Lewis Ave, offers a fantastic opportunity for a single-tenant business. Boasting a generous 3,964 square feet of space, this property is ideally situated in the heart of a bustling business district, experiencing a daily traffic count exceeding 20,000 vehicles. The building is zoned B2, providing flexibility for a variety of retail uses. Ample parking is available with 10 spaces provided on-site. The single-tenant occupancy ensures…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$95k
Assessed land$30k
Assessed improvement$65k
Effective rate9.43%

Value estimate

· Oct 2026
$270k
$243k – $297k
AI approach$305k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$105/SF
ZIP average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$43 – $183
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm31.0
Realty agency30.9
Skin Care Clinic16.9

Location

1524 Lewis Ave Waukegan, IL 60085-1760
County assessor Recorded deeds · 1 transfer 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1802 Belvidere, Waukegan, IL 60085-7222 $2,793,500 Jun 2025 3,500 SF
2435 Washington, Waukegan, IL 60085-5064 $935,000 Mar 2025 3,012 SF
2400 Grand, Waukegan, IL 60085-3315 $2,100,000 Aug 2024 3,200 SF
1820 Grand, Waukegan, IL 60085-3575 $230,000 Jul 2024 3,348 SF
602 Nn, Waukegan, IL 60085-3948 $145,000 May 2024 4,686 SF
2911 Grand, Waukegan, IL 60085-2318 $168,500 May 2024 5,700 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1524 Lewis Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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
Why this one?
Saved