1213 Grand AveWaukegan, IL 60085

  • Commercial land
  • 1.50 AC
For Sale

Property Details for 1213 Grand Ave

Lot size
1.50 AC
Property type
Commercial land
APN
08-20-209-046
APU
820209046

Description

This exceptional 1.63-acre commercial land parcel, located at 1213 Grand Avenue in Waukegan, Illinois, presents a unique development opportunity. Boasting 65,340 square feet and 142 feet of frontage on Grand Avenue, this property benefits from flexible C-1 zoning, allowing for a wide range of commercial uses. Its strategic location at the intersection of Grand Avenue and Pine Street places it within a thriving area, surrounded by established residential and commercial districts. Nearby amenities include Dunkin' Donuts, McDonald's, and numerous other retailers, ensuring high visibility and convenient access for potential businesses. The property's proximity to Lake Michigan's Sheridan Road, Waukegan's downtown area, the Robert McClory Bike Path, and public transportation further enhances its appeal. Easy access to major roads and interstates provides excellent connectivity. A plat of survey is available. Low annual real estate taxes of $2,118 contribute to the property's overall attractiveness. This well-situated lot in a densely populated residential area and near a busy business corridor offers significant potential for investors and developers seeking a prime location in Waukegan, IL (Zip code 60085).

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,504,072
    Hospitality
    $12,369,658
    Educational
    $10,291,410
    Medical
    $10,645,347
    Retail
    $16,008,860
1213 Grand Ave, Waukegan, Illinois

Location Insight

City
Waukegan
County
Lake
State
Illinois
Latitude
42.3685
Longitude
-87.8466
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
$4,340
$45,495
-
$45,495
-
$136,499
-
$136,499

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].