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Waukegan Warehouse 651 S Martin Luther King Jr Ave

89,581 SF Industrial Building Waukegan, IL 60085 $1,999,000 ($22/SF)

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Investment Highlights

Flexible workspace with stunning office areas and meeting rooms that are filled with ample natural light.

Executive Summary

Discover an exceptional opportunity with this sprawling 86,000 square foot warehouse situated in the picturesque North Suburb of Waukegan. This versatile space features 14' high ceilings, 3 loading docks, 1 drive-in door, and ample on-site parking for over 240 vehicles, making it ideal for distribution, manufacturing, or storage operations.
The property is fully equipped, with multiple offices that are filled with natural light thanks to the large windows. The building is climate-controlled with heating and a sprinkler system, providing endless possibilities for customization to suit your business needs.
Conveniently located near Route 137 and just blocks from the shores of Lake Michigan, this warehouse offers seamless accessibility for your logistics and transportation requirements.
Don't miss this exceptional opportunity to elevate your operations. Contact us today for more details or to schedule a viewing of this remarkable property.

Brochure

Property Facts

Price	$1,999,000	No. Stories	2
Price Per SF	$22	Year Built/Renovated	1920/2015
Sale Type	Owner User	Tenancy	Single
Property Type	Industrial	Parking Ratio	2.68/1,000 SF
Property Subtype	Warehouse Industrial Distribution Showroom Office Industrial Live Work Unit	Clear Ceiling Height	14 FT
Building Class	B	No. Dock-High Doors/Loading	3
Lot Size	3.00 AC	No. Drive In / Grade-Level Doors	1
Rentable Building Area	89,581 SF	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,999,000
Price Per SF	$22
Sale Type	Owner User
Property Type	Industrial
Property Subtype	Warehouse Industrial Distribution Showroom Office Industrial Live Work Unit
Building Class	B
Lot Size	3.00 AC
Rentable Building Area	89,581 SF
No. Stories	2
Year Built/Renovated	1920/2015
Tenancy	Single
Parking Ratio	2.68/1,000 SF
Clear Ceiling Height	14 FT
No. Dock-High Doors/Loading	3
No. Drive In / Grade-Level Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.