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306 10th Street, Waukegan, IL 60085

306 10th Street, Waukegan, IL 60085
Attention investors and/or small business owners looking to expand!! Incredible and unique income-generating opportunity!! Large five-unit structure with excellent exposure right off of Sheridan Road, which includes a huge 11,000+ sq. ft. warehouse w/oversized front and rear overhead doors, two storefronts with separate entrances, two 2nd floor apartments with private entrance, multiple offices, bathrooms, and an extra lot to the West of the building (should be buildable). Wait! There's more! TWO additional lots in the rear of the building that are currently parking lots, could also be buildable. Please use due diligence by inquiring with the city of Waukegan Building & Zoning, and you might find yourself a huge income-generating opportunity! B2 and R3 zoning allows for so much! Located in Waukegan's South Lakefront Tax Increment Financing (TIF) District #9, allowing for potential financial redevelopment advantages (inquire with the city for more details). The two apartments offer a studio unit and a 2-bedroom unit, with a separate entrance off the side of the building. Truly incredible opportunity, and has to be seen in person! Buy all as a package and sell off the 3 lots? Rent out the two residences and two storefronts and utilize the warehouse space while generating rental income? Rent out all five units? Did we mention the 30-40 ft. ceilings in the warehouse? The basement storage area under the warehouse? Look for the plat map/diagram and zoning under additional information. Don't miss this opportunity, as an investor, speculator, small business owner, landlord, etc...great potential!! Owner may be flexible with leaving some amazing belongings/machinery in the warehouse, too! Seller might be open to selling the vacant lots and building separately. Contact LAG for further discussion.
Year Built1950

Porperty Highlights

  • Price $350,000
  • Property ID 11776163
  • Property Status Closed
  • Year Built 1950
  • Garage Size x x
  • Property Type Apts/Stores, Commercial Sale
  • Cooling Window Unit(s)
  • County Lake
  • Property Type Commercial Sale
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Property Features

Luxury Highlights

Luxurious amenities including infinity pools, home theaters, gourmet kitchens, smart home technology, and breathtaking views for an extraordinary lifestyle.

Video Highlights

Luxurious amenities including infinity pools, home theaters, gourmet kitchens, smart home technology, and breathtaking views for an extraordinary lifestyle.

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Floor Plans

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Frequently Asked Questions

We provide personalized consultation for purchasing luxury properties, including custom property searches, negotiation assistance, and support throughout the entire acquisition process, including connections with industry professionals such as lawyers and notaries.

You can contact us directly through our contact form or by phone to schedule an appointment with one of our experts. We will evaluate your property and create a customized marketing strategy to ensure you get the best possible return.

Yes, we offer comprehensive property management services for luxury homes, including maintenance, rental management, and oversight of daily operations to ensure your investment is always in top condition.

Purchasing a property in these areas means investing in some of the most prestigious and sought-after locations, offering a unique blend of luxury, security, and high quality of life. These areas are known for their natural beauty, exclusive amenities, and strong property value retention.

Absolutely. We offer detailed and personalized virtual tours for every property, allowing you to explore homes from anywhere in the world. Contact us to schedule a virtual tour appointment.

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Inquiry For This Property

306 10th Street, Waukegan, IL 60085

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