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Freestanding Bldg/Development Opportunity 919 N Green Bay Rd

3,129 SF Retail Building Waukegan, IL 60085 $2,200,000 ($703/SF)

Investment Highlights

  • Freestanding Drive-Thru Building
  • Neighbors Include Jewel-Osco & Walgreens
  • High Traffic Counts (30k)
  • Development Opportunity

Executive Summary

Brookline Real Estate, LLC. is pleased to present the opportunity to acquire a highly visible freestanding retail property with drive-thru positioned in a strong, transit-oriented location in Waukegan, IL. A user with a need for brand exposure will benefit from the property's position directly on Green Bay Road near the intersection at Grand Avenue (Route 132). A developer or investor will benefit from attracting prime tenants given the many favored attributes of this property.
Immediately surrounded by Jewel-Osco, Walgreens, Huntington Bank, Verizon, and Burger King, the site is well located along a heavy trade corridor. Directly at a PACE Bus stop and blocks from Route 41 and I-94, the former Boston Market property is in a strong transit location with heavy vehicle and foot traffic. Other national retailers at this intersection include Starbucks, McDonald's, Dollar Tree, Fifth Third Bank, and Thorntons.
The 3,129 square-foot building features three points of ingress/egress on three separate roads. The large lot allows for parking up to 50.
This rare freestanding/development opportunity is being offered on a growing business corridor with traffic counts of 29,800. Contact us to learn more!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,129 SF
Building Class
C
Year Built
1994
Price
$2,200,000
Price Per SF
$703
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.21 AC
Zoning
B3 - General Commercial
Parking
51 Spaces (10 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

Nearby Major Retailers

Old National Bank
Fifth Third Bank
Pepe's Mexican Restaurants
Boston Market
Starbucks
Huntington National Bank
Jewel-Osco
Rent-A-Center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-18-320-020
Land Assessment
$203,239
Improvements Assessment
$131,108
Total Assessment
$334,347
  • Listing ID: 32744293

  • Date on Market: 8/9/2024

  • Last Updated:

  • Address: 919 N Green Bay Rd, Waukegan, IL 60085

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