Exceptional 5.45-Acre Commercial Development Opportunity | 100 S. Green Bay Road, Waukegan, IL Rare opportunity to acquire a highly visible commercial land assemblage in one of northern Lake County's active commercial corridors. This approximately 5.45-acre site, comprised of 10 contiguous parcels, fronts the west side of Green Bay Road just south of the signalized Washington Street intersection, offering excellent exposure, accessibility, and proximity to Routes 41, 120, and I-94. Zoned B-3 General Commercial, the property allows for a wide range of potential uses including: truck stop, shopping center, car dealership, apartments, warehousing, retail, restaurant, banking, office, service business, indoor recreation, and other commercial/business service uses. The zoning also allows building heights up to 100 feet, providing flexibility for a variety of development concepts. Municipal water, sanitary sewer, natural gas, and electric are available at the site. The parcel is located in Flood Zone X, outside the floodplain, and features generally level topography, making it well-suited for ground-up development. The property has a limited wetland area reported toward the northwest portion of the site. The property also offers notable upside potential. There is approximately 1.40 additional acres of adjacent alleys and portions of Hillside Avenue and Ridge Avenue that may be candidates for vacation and incorporation into the overall site, subject to approval by the proper authorities. If successfully vacated, this could potentially expand the overall land area and create a larger, more functional contiguous development footprint. This may provide a meaningful advantage for developers, investors, or owner-users seeking a larger-format commercial, service, retail, or mixed-use concept in a land-constrained corridor. Surrounding uses include automotive services, retail centers, restaurants, gas stations, office uses, and nearby residential neighborhoods. Buyer to independently verify zoning, permitted uses, road and alley vacation potential, wetlands, utilities, site dimensions, development requirements, and all other due diligence with the City of Waukegan and appropriate agencies.
Active
$2,900,000
100 S Green Bay Rd, Waukegan, IL 60085
--beds
--baths
5.45Acres
Unimproved Land
Built in ----
5.45 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Generally level topography
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- on Zillow |
- 53
- views |
- 0
- saves |
Zillow last checked:
Listed by:
Alexis Bahena 847-989-3960,
Berkshire Hathaway HomeServices
Source: MRED as distributed by MLS GRID,MLS#: 12659496
Facts & features
Property
Features
- Frontage length: 930
Lot
- Size: 5.45 Acres
Details
- Additional parcels included: 08194180120000,08194200070000,08302010070000,08302010020000,08194200100000,08194200090000,08302010010000,08302010020000,08302050130000,08302050140000
- Parcel number: 08194180130000
- Special conditions: None
Utilities & green energy
- Water: Municipal Water
- Utilities for property: Electric to Site, Natural Gas Available, Sewer Connected
Community & HOA
Location
- Region: Waukegan
Financial & listing details
- Tax assessed value: $168,068
- Annual tax amount: $22,693
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: None
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2008 | Sold | $25,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $5,306 +1.3% | $58,587 +4.6% |
| 2022 | $5,239 -5.4% | $56,017 +5% |
| 2021 | $5,538 -1.3% | $53,350 +8.3% |
| 2020 | $5,609 -0.6% | $49,269 +9.1% |
| 2019 | $5,645 +0.3% | $45,147 +1.4% |
| 2018 | $5,627 | $44,525 +13% |
| 2017 | $5,627 +8.7% | $39,392 +15.1% |
| 2016 | $5,175 -1.5% | $34,230 +11.7% |
| 2015 | $5,253 +0.1% | $30,636 -1.3% |
| 2014 | $5,249 | $31,024 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 60085
Nearby schools
GreatSchools rating
- 2/10Oakdale Elementary SchoolGrades: PK-5Distance: 2.6 mi
- 3/10Robert E Abbott Middle SchoolGrades: 6-8Distance: 1.4 mi
- 1/10Waukegan High SchoolGrades: 9-12Distance: 1.5 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Illinois
- Lake County
- Waukegan
- 60085
- 100 S Green Bay Rd




