Listing provided courtesy of CompassMREDas Distributed by MLSGrid- MLS# 12419451MLS Provider

601 Lakehurst RoadWaukegan, IL 60085

Vacant Land · 5.88 Acres
$999,500 Active

601 Lakehurst Road Overview

Time on Site:
350 days
Visits:
11

Discover the exceptional potential of 601 Lakehurst Road in Waukegan, Illinois, a rare opportunity in the heart of a burgeoning area. This opportunity encompasses close to 6 acres of undeveloped land, ideally positioned for significant development, with zoning allowing structures up to 200 feet high. The site's strategic location is a cornerstone of the Fountain Square of Waukegan entertainment and retail development, neighboring a half-billion dollar enterprise- the new American Place Casino, set to enhance the area's vibrancy by 2027. This remarkable land parcel is perfectly suited for diverse high-end commercial endeavors, including retail and restaurant spaces, shopping centers, business offices, and medical facilities. The zoning flexibility ensures you can tailor the development to meet a wide variety of business needs. The property benefits from exceptional accessibility, situated along major thoroughfares including Route 43, Route 120, Route 41, and I-94 offering unparalleled connectivity for both customers and employees. Already anchored by prominent national retailers such as Walmart and Aldi, which collectively promise to drive significant foot traffic to the area. Envision your business thriving in this dynamic landscape, where development opportunities abound and the future is bright. Connect with us to explore this prime real estate opportunity and be part of Waukegan's next wave of growth!

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601 Lakehurst Road Facts & Features

  • Type Vacant Land
  • Lot 5.88 Acres

Details

General

School Information

  • School District: 60

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Park City / Waukegan
  • Township: Waukegan

Tax Information

  • Tax Annual Amount: $9,378.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 07361030240000
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: COMMR

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: No
  • Frontage Length: 266
  • Frontage Type: City Street,County Road
  • Lot Size Acres: 5.88
  • Lot Size Dimensions: 266 X 845
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electricity Nearby,Natural Gas Nearby

601 Lakehurst Road Neighborhood

Community

60085 (WAUKEGAN) Demographics

32
Median Age
4,499
Population Density (per sq. mile)
23%
College Educated
$48,435
Estimated Median Income
10,174
Estimated Total Home Owners
13,807
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

601 Lakehurst Road Monthly Cost

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$ %
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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.

601 Lakehurst Road Market Data

Based on the last 30 days in this zip code

$270,816
Average List Price
$178
Average Price per Square Foot
22
Properties Sold
39
Average Days on Market
64
Properties for Sale
Calculations provided by Reliance Network

601 Lakehurst Road History

Date Event Value Agent
7/31/2025Source: MRED Added to Database
July 14, 2025
7/31/2025Source: MRED Status Change
Price Change
7/31/2025Source: MRED Price Increase
$999,500 99,950.0%
7/31/2025Source: MRED Status Change
Active
7/31/2025Source: MRED Status Change
New