699 Lakehurst Rd Waukegan, IL 60085-6707
- Outlet malls
- 35,868 SF
- 3.55 lot acres
Current Use by Public Records
- Raz'z Bar & Grill / Bar & Grill
Property Details for 699 Lakehurst Rd
- Year built
- 1980
- Construction
- BRICK
- Lot size
- 3.55 lot acres
- Property size
- 35,868 SF
- Property type
- Outlet malls
- APN
- 07-36-103-003
- APU
- 736103003
Description
This exceptional 35,000-square-foot retail property, situated at 699 Lakehurst Rd in Waukegan, Illinois (zip code 60085), presents a unique investment opportunity. The property boasts a substantial 3.3-acre lot size, offering ample space for expansion or outdoor amenities. Currently vacant, this single-tenant building is zoned B-2 Community Shopping, allowing for a wide range of retail uses. Its strategic location within Fountain Square of Waukegan places it in a high-traffic area, surrounded by established national retailers, branded hotels, and a significant office population, ensuring high visibility and accessibility. The property's size and zoning make it suitable for a variety of retail concepts, from large-format stores to multi-use developments. The building's entire 35,000 square feet is available, providing a blank canvas for a prospective tenant to create a customized space. This prime location in Lake County, Illinois offers significant potential for growth and return on investment. The property's ample lot size and strategic placement within a thriving commercial corridor make it an attractive proposition for businesses seeking a prominent presence in a dynamic market. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waukegan
- County
- Lake
- State
- Illinois
- Longitude
- -87.9003
- Latitude
- 42.3391
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
