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Financial
Distress signals
Property profile

699 Lakehurst Rd Waukegan, IL 60085

OFF-MARKET
Outlet malls
Property ID
US28-0562197
35,868 SF 3.55 ac lot Built 1980
Last sale Sep 2019 · $205,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$77k
Assessed land$64k
Assessed improvement$14k
Effective rate11.98%

Value estimate

· Oct 2026
$680k
$612k – $748k
Submarket $/SF estimate$1.56M

Realmo valuation models over county records.

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

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.6
Dental Office16.3
Law Firm15.4

Location

699 Lakehurst Rd Waukegan, IL 60085-6707
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file 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

2 recorded sales · 13 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2700 Belvidere, Waukegan, IL 60085-6008 $10,150,000 Feb 2022 91,273 SF
1700 Lewis, Waukegan, IL 60085-1764 $6,200,000 Feb 2022 88,332 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
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