Property Listing No Longer Available for Sale

601 Lakehurst Road, Waukegan, IL

Land for Sale - $4,555,000 - 8.24 acres


Property Info

CIMLS#292369
Location
  601 Lakehurst Road
  Waukegan IL 60085
UpdatedJanuary 1st, 2012
TypeLand
Price$4,555,000
Land8.24 acres

Property Description

Price Per Acre $552,791

Shape Square/Irregular

Topography Flat

Property Overview

Cross Street Waukegan Rd (Rt. 43)

Tax Parcel Number 07-36-103-010

Market Chicago

Sub Market Waukegan

Street Frontage 485' On Waukegan Rd.

Corner Yes

Electrical Yes

Phone Yes

Water Yes

Sewer Yes

Gas Yes

Annual Ground Rent/Acre $130,680

Zoning B2

Property Description

For Sale Or Ground Lease. 8 Acres Of Land Adjacent To A Walmart Super Center And The Re-Developed Fountain Square Mall In Waukegan, Il. Sites Can Be Divided To As Small As 26,000 Sf. The Parcel Possesses Over 485 Feet Of Frontage On Heavily Trafficked Waukegan Rd. Many Adjacent Retailers And Businesses Include Mcdonalds, Chipotle, La Fitness, Chili'S, Chase, Fifth Third Bank, Dunkin Donuts, Brunswick Zone, Tires Plus, Springhill Suites, Candlewood Suites, And Holiday Inn. Sites Are Divisible. Ground Lease For $3/Sf Net.

Area Description

Adjacent To The Recently Developed Fountain Square Mall In Waukegan, Il. At The High Profile, High Traffic Intersection Of Rt. 120 (Belvidere) And Waukegan Road (Rt. 43), These Parcels Offer Tremendous Access To Over 6 Million Sq. Ft. Of Office And Industrial Property, And A Nearby Daytime Population Of Over 40,000. Daily Traffic Counts Of Nearly 60,000/Day On Rt. 120 & Waukegan.


Financials



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