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Listed price in listed location currency (USD).
$749,000

000

MLS® 12757650

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $22,702
Days Active 0
Lot Size 18744 SF
Approx. Age 1999
MLS® Number 12757650

Property Address: 304-318-316 N Genesee St, Waukegan, IL, 60085-4206

Average square foot calculated using Size range provided by listing agent.

Description

The subject property is an eight-unit neighborhood retail center constructed in 1999, offering a diverse and stable tenant mix. Current tenants include China Garden restaurant, a tax service office, a staffing agency, two hair salons, and a retail shop(bakery). The property currently has one vacancy, which the owner is using for storage. All tenants are responsible for their own utilities, providing an efficient and low-maintenance expense structure for ownership. The center features a 21-space parking lot, offering convenient access for both tenants and customers. This property presents a compelling value-add opportunity, as all but one tenant is on year-by-year leases at below-market rental rates, allowing for future income growth through lease renewals and repositioning. Strategically located near the Lake County Courthouse and Sheriff's Office, and steps to Genesee Theatre and Metra. office buildings. The property benefits from strong daytime traffic and excellent accessibility, making it a highly convenient destination for both employees and residents.
MLS® Number12757650
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1999
Basement
Driveway
Garage Spaces
Heat
A/CCentral Air

Extras

Price History

Last Sold Price

----

Appreciation

--

Avg. Days Listed

72 days

Today, For Sale for $749,000

For Sale · 0 days

$749,000

MLS® 12757650

2 hours ago

Not Sold Yet

September 2026, For Sale for $749,000

For Sale · 0 days

$749,000

MLS® 12757650

2 hours ago

Not Sold Yet

July 2026, For Sale for $749,000

For Sale · 72 days

$749,000

MLS® 12692069

2 months ago

Not Sold Yet

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