PRIME OPPORTUNITY TO DEVELOP A SIGNATURE PREMIER WAUKEGAN LAKEFRONT LOCATION!!! 16 ACRES +/- LOCATED IN WAUKEGAN TIF ZONE #9 AND US TREASURY FEDERAL CAP GAINS TAX CREDIT OPPORTUNITY ZONE #2. MULTIFAMILY AND MIXED USE OPPORTUNITY!! NUMBER OF POTENTIAL NUMBER OF UNITS TBD!! BRING YOUR IMAGINATION!!! RESIDENTIAL UNITS EXPECTED APPROX 328 +/- AND COMMERCIAL UNITS EXPECTED APPROX. 6 +/- BUT TBD!! CLOSE PROXIMITY TO WAUKEGAN DOWNTOWN!! STEPS AWAY FROM WAUKEGAN METRA STATION!! NEAR WAUKEGAN HARBOR & MARINA!! POS. FLEXIBLE PUD ZONING ELIGIBLE!!
Active
$9,269,000
0 Market St, Waukegan, IL 60085
--beds
--baths
16Acres
Unimproved Land
Built in ----
16 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Waukegan lakefront location
- 56 days |
- 505 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
John Kantor 847-702-1980,
Kornerstone Realty Group, Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12651714
Facts & features
Property
Features
- Has view: Yes
- View description: Back of Property
- Has water view: Yes
- Water view: Back of Property
- Frontage length: 275
Lot
- Size: 16 Acres
- Dimensions: 211X275
Details
- Additional parcels included: 08214110010000,08214420080000,08282070090000,08282070100000,08282190530000,08258219075000,08282200320000,08282200330000,08282200340000,08282200380000,08282200400000,08282200410000,08282200420000,08282200430000,08282280040000,08282280050000,08282280180000,
- Parcel number: 08284000460000
- Special conditions: None
Utilities & green energy
- Water: Municipal Water
- Utilities for property: Electricity Nearby, Natural Gas Nearby, Water Nearby
Community & HOA
Location
- Region: Waukegan
Financial & listing details
- Annual tax amount: $22,188
- Date on market: 5/18/2026
- Ownership: Fee Simple
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Listed for sale | $9,269,000 |
Source:  MRED as distributed by MLS GRID #12651714 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: South Sheridan
Nearby schools
GreatSchools rating
- 3/10Carman-Buckner Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Thomas Jefferson Middle SchoolGrades: 6-8Distance: 1.5 mi
- 1/10Waukegan High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- District: 60
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
