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Property profile & analytics

239 N Genesee St Waukegan, IL 60085

  • Office buildings
  • 25,095 SF
  • 0.13 lot acres
Value Estimations
$820,000
Cap Rate Potential
Location Intelligence
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.

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 valuation — 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
More about this property
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