Waukegan, IL
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    Waukegan, IL Spa & Wellness Properties for Sale

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    North Chicago, IL Park City, IL Gurnee, IL
    Historic Institutional Building
    Contact for pricing
    0.55 Acres
    Historic Institutional Building

    574 S Mcalister Avenue, Waukegan, IL 60085

    Built in 1900, this institutional property offers substantial interior area and a sizeable lot for flexible redevelopment uses.
    • Brick institutional building originally constructed in 1900
    • Approximately 14,001 SF building on a prominent 0.55‑acre site
    • Approximately 24,002‑square‑foot parcel offers land area for parking and outdoor amenities (subject to municipal approval)
    • Expansive floor plan with substantial footprint and established presence for redevelopment, adaptive reuse, investment, or owner‑occupant conversion
    • Suitable for a wide range of uses including educational facilities, religious institutions, non‑profits, offices, training, community services, and event or cultural venues
    Updated: Jun 21
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    Historic Institutional Building
    Contact for pricing
    14,001 SF
    Historic Institutional Building

    574 S Mcalister Avenue, Waukegan, IL 60085

    Built in 1900, this large institutional property offers flexible space and a sizable site for adaptive reuse projects.
    • Institutional building built in 1900 with approximately 14,001 SF of interior space.
    • 0.55‑acre site for parking, outdoor amenities, and gathering/recreational uses (subject to municipal approval).
    • Approximately 14,001 SF building size on a prominent site, suited to adaptive reuse, redevelopment, or conversion projects.
    • Approximately 24,002‑square‑foot parcel provides additional land area for potential future site enhancements (subject to approval).
    • Historic institutional character and substantial footprint offer flexible space for many institutional, office, or community‑oriented uses.
    Updated: Jun 21
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Waukegan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

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    Waukegan, IL Spa & Wellness Properties Market Trends and Statistics

    Explore 2 spa & wellness properties for sale in Waukegan, IL on our real estate platform. These investment opportunities span a total of 14,001 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for spa & wellness properties in Waukegan, IL start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Spa & wellness properties 3
    Medical centers 1

    Demographics Overview

    Population 100K
    Population Growth (5Y) +2.8%
    Median Household Income $68,390
    College Educated 16.7%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

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