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    239 N Genesee St Waukegan, IL 60085
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    Property profile & analytics

    239 N Genesee St Waukegan, IL 60085


    • Office buildings
    • 25,095 SF
    • 0.13 lot acres
    Downtown Office Space For Rent For Lease
    $9 SF/Yr

    Downtown Office Space For Rent

    Office space near lake and county complex in downtown Waukegan.

    239 N Genesee Street, Waukegan, IL 60085
    View Listing
    Property ID
    US28-4894217
    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.

    Value Estimations
    $820,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • U-Haul Neighborhood Dealer / Car Rental Facility
    • Amazon Hub Locker - Mineshaft / Postal Service / Courier Service
    • Olson's Ace Hardware / Building Supply / Hardware & Home Improvement
    • KeyExpress Locksmiths / Locksmith / (Bike/Boat/Book/etc) Store

    Property Details for 239 N Genesee St

    Year built
    1965
    Construction
    BRICK
    Lot size
    0.13 lot acres
    Property size
    25,095 SF
    Property type
    Office buildings
    APN
    08-21-221-009
    APU
    821221009

    Description

    This exceptional retail opportunity presents a 12,930-square-foot vacant storefront located at 239 N Genesee St, Waukegan, IL 60085. The property boasts a prominent location on two stoplight corners, offering high visibility and accessibility. Historically occupied by an Ace Hardware store for many years, this building offers a strong foundation for a variety of retail uses. The building features a substantial 5,885-square-foot basement with a 9-foot ceiling height, providing ample storage or expansion potential. A separate fenced parking lot adds convenience for customers and employees. This prime location benefits from a significant daytime population, with nearly 11,000 employees within a five-minute drive. The surrounding area also boasts a young demographic, featuring almost 45,000 residents within a five-minute radius, with a median age of 31 years. High traffic counts of nearly 13,000 vehicles per day further enhance the property's desirability. The asking price is $495,000, translating to $38.28 per square foot. This is a single-story building offering a rare chance to establish a thriving business in a vibrant and densely populated area. The property is currently vacant and ready for immediate occupancy.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $605,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $908,000
      Market price range: $909k - $2.16M
      AI Estimate
      $944,000
      Market price range: $945k - $2.46M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Waukegan
    County
    Lake
    State
    Illinois
    Longitude
    -87.8309
    Latitude
    42.3634
    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
    $14,124
    $14,130
    $137,570
    $151,700
    -
    $42,394
    $412,751
    $455,145
    View Listing
    More about this property
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