Discover the exceptional potential of 601 Lakehurst Road in Waukegan, Illinois, a rare opportunity in the heart of a burgeoning area. This opportunity encompasses close to 6 acres of undeveloped land, ideally positioned for significant development, with zoning allowing structures up to 200 feet high. The site's strategic location is a cornerstone of the Fountain Square of Waukegan entertainment and retail development, neighboring a half-billion dollar enterprise- the new American Place Casino, set to enhance the area's vibrancy by 2027. This remarkable land parcel is perfectly suited for diverse high-end commercial endeavors, including retail and restaurant spaces, shopping centers, business offices, and medical facilities. The zoning flexibility ensures you can tailor the development to meet a wide variety of business needs. The property benefits from exceptional accessibility, situated along major thoroughfares including Route 43, Route 120, Route 41, and I-94 offering unparalleled connectivity for both customers and employees. Already anchored by prominent national retailers such as Walmart and Aldi, which collectively promise to drive significant foot traffic to the area. Envision your business thriving in this dynamic landscape, where development opportunities abound and the future is bright. Connect with us to explore this prime real estate opportunity and be part of Waukegan's next wave of growth!
Active
$6,495,000
601 Lakehurst Rd, Waukegan, IL 60085
--beds
--baths
5.88Acres
Unimproved Land
Built in ----
5.88 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- --
- 86
- views
- 2
- saves
Zillow last checked:
Listing updated:
Listed by:
Mario Greco (312)324-4312,
Compass,
Marcello Navarro,
Compass
Source: MRED as distributed by MLS GRID,MLS#: 12747739
Facts & features
Property
Features
- Frontage length: 266
Lot
- Size: 5.88 Acres
- Dimensions: 266 X 845
Details
- Parcel number: 07361030240000
- Zoning: COMMR
- Special conditions: None
Utilities & green energy
- Utilities for property: Electricity Nearby, Natural Gas Nearby
Community & HOA
Location
- Region: Waukegan
Financial & listing details
- Annual tax amount: $9,413
- Date on market: 8/31/2026
- Ownership: Fee Simple
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Listing removed | $999,500 |
Source: | ||
| 7/17/2025 | Price change | $999,500+99950.1% |
Source: | ||
| 7/14/2025 | Listed for sale | $999 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 60085
Nearby schools
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.



