Listing provided courtesy of Berkshire Hathaway HomeServicesMREDMLS# 12659496MLS Provider
  • 33 days on site
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Exceptional 5.45-Acre Commercial Development Opportunity | 100 S. Green Bay Road, Waukegan, IL Rare opportunity to acquire a highly visible commercial land assemblage in one of northern Lake County's active commercial corridors. This approximately 5.45-acre site, comprised of 10 contiguous parcels, fronts the west side of Green Bay Road just south of the signalized Washington Street intersection, offering excellent exposure, accessibility, and proximity to Routes 41, 120, and I-94. Zoned B-3 General Commercial, the property allows for a wide range of potential uses including: truck stop, shopping center, car dealership, apartments, warehousing, retail, restaurant, banking, office, service business, indoor recreation, and other commercial/business service uses. The zoning also allows building heights up to 100 feet, providing flexibility for a variety of development concepts. Municipal water, sanitary sewer, natural gas, and electric are available at the site. The parcel is located in Flood Zone X, outside the floodplain, and features generally level topography, making it well-suited for ground-up development. The property has a limited wetland area reported toward the northwest portion of the site. The property also offers notable upside potential. There is approximately 1.40 additional acres of adjacent alleys and portions of Hillside Avenue and Ridge Avenue that may be candidates for vacation and incorporation into the overall site, subject to approval by the proper authorities. If successfully vacated, this could potentially expand the overall land area and create a larger, more functional contiguous development footprint. This may provide a meaningful advantage for developers, investors, or owner-users seeking a larger-format commercial, service, retail, or mixed-use concept in a land-constrained corridor. Surrounding uses include automotive services, retail centers, restaurants, gas stations, office uses, and nearby residential neighborhoods. Buyer to independently verify zoning, permitted uses, road and alley vacation potential, wetlands, utilities, site dimensions, development requirements, and all other due diligence with the City of Waukegan and appropriate agencies.

Source: MRED, MLS#: 12659496

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  • Property Type
    Land
  • Lot
    5.45 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 100 S Green Bay Road


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/1/2026Source: MRED Status Change
Active
5/28/2026Source: MRED Added to Database
May 28, 2026