1700 N Lewis Ave Waukegan, IL 60085
Property profile & analytics
1700 N Lewis Ave, Waukegan, IL 60085
- Outlet malls
- 88,332 SF
- 5.32 lot acres
Property ID
US28-5829748
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Royal Prestige / Home Decor Store / Department Store
- Super Clean Landromat / (Bike/Boat/Book/etc) Store
- Total By Verizon / Mobile Phone Store / Electronics & Wireless Store
- Primo Water Exchange / Big Box & Wholesale Store
- MoneyGram / Bank / Credit Union
Property Details for 1700 N Lewis Ave
- Year built
- 1994
- Construction
- BRICK
- Lot size
- 5.32 lot acres
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 08-17-104-001
- APU
- 817104001
Description
This exceptional retail property, located at 1700 N Lewis Ave in Waukegan, Illinois (zip code 60085), offers a prime opportunity for businesses seeking high visibility and accessibility. The property consists of a total of 32,670 square feet of retail space situated on a sizable lot ranging from 0.35 to 0.4 acres. Currently, the entire space is vacant and available for lease, presenting a unique chance to establish a significant presence in a thriving market. The property is classified as a commercial outlot, ensuring excellent exposure and convenient access for customers. Multiple tenancy options are available, with a minimum divisible space of 15,246 square feet and a maximum contiguous space of 15,246 square feet. This flexibility allows for businesses of various sizes to find a suitable space to meet their operational needs. The property's strategic location in Waukegan, Illinois, provides easy access to major transportation routes and a substantial customer base. This makes it an ideal location for a variety of retail businesses seeking to capitalize on a high-traffic area. Interested parties are encouraged to inquire about leasing options and explore the potential of this exceptional retail property. The property is zoned for commercial use.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $6,515,000
- ML approach
- $6,550,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $8,006,000
- AI Estimate
- $4,873,000
Market price range: $3.84M - $16.2MMarket price range: $3.34M - $8.84M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $9,315,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $9,885,000 Change: +6% Conversion: Difficult
- WAREHOUSE, STORAGE
- $9,045,000 Change: -3% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Waukegan
- County
- Lake
- State
- Illinois
- Longitude
- -87.8565
- Latitude
- 42.3836
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$135,721
$312,904
$1,144,814
$1,457,718
-
$938,806
$3,434,785
$4,373,591
