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$ 9,265,000
Est. payment | /mo
16 Acres Lot
$ 9,265,000
Est. payment | /mo
16 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12651714
Annual Tax Amount $22,188
Tax Year 2024
Lot Size 16.000 Acres
Lot Dimensions 211X275
Property Sub-Type Land
Property Description
PRIME OPPORTUNITY TO DEVELOP A SIGNATURE PREMIER WAUKEGAN LAKEFRONT LOCATION!!! 16 ACRES +/- LOCATED IN WAUKEGAN TIF ZONE #9 AND US TREASURY FEDERAL CAP GAINS TAX CREDIT OPPORTUNITY ZONE #2. MULTIFAMILY AND MIXED USE OPPORTUNITY!! NUMBER OF POTENTIAL NUMBER OF UNITS TBD!! BRING YOUR IMAGINATION!!! RESIDENTIAL UNITS EXPECTED APPROX 328 +/- AND COMMERCIAL UNITS EXPECTED APPROX. 6 +/- BUT TBD!! CLOSE PROXIMITY TO WAUKEGAN DOWNTOWN!! STEPS AWAY FROM WAUKEGAN METRA STATION!! NEAR WAUKEGAN HARBOR & MARINA!! POS. FLEXIBLE PUD ZONING ELIGIBLE!!
Location
State IL
County Lake
Area Park City / Waukegan
Interior
Fireplace N
Exterior
Utilities Available Electricity Nearby, Natural Gas Nearby, Water Nearby
Building
Dwelling Type Land
Water Municipal Water
Schools
School District 60 , 60, 60
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by John Kantor of Kornerstone Realty Group, Inc.
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