3375 W Grand Ave - Auto Dealership FOR SALE


Waukegan, IL 60085
$2,500,000 USD
773-736-3600
3375 W Grand Ave, Waukegan, IL for Sale
$2,500,000 USD
Auto Dealership - FOR SALE
1/13
null | Request Cap Rate

3375 W Grand Ave
Waukegan, IL 60085


HIGHLIGHTS

  • Fully functional automobile car dealership
  • 10-bay service department, retail showroom, private offices, employee kitchen, 170 parking spaces
  • Full block in the highest-traveled retail district of Waukegan
  • Grand Avenue sees 29,600 Vehicles per Day
  • Nearby businesses include Trio Car Wash, Advance Auto Parts, Harbor Freight, Starbucks, Walgreens, McDonald's
  • Strong traffic corridor connecting Gurnee & Waukegan, minutes to Gurnee Mills, Six Flags and I-94 access

OVERVIEW

Fully functional automobile car dealership with a 10-bay service department. ±10,244 SF Building on ±1.76 Acres. Full block in the highest-traveled retail district. Zoned for automobile sales and automobile repairs. Strategically positioned just 300 feet from Waukegan’s busiest intersection at Grand Ave & Lewis Ave. The property features 10 full-size service bays (five on each side of the building), allowing for drive-through operation capability or separation between service lines. The building includes a partial second-level mezzanine with an employee cafeteria/lounge and dedicated parts department, enhancing workflow efficiency and comfort. A large monument sign, multiple ingress and egress points, and ample paved parking support smooth vehicle flow and strong visibility. The layout is ideal for automotive sales, service, fleet, or detailing operations, as well as other high-traffic retail or service-based uses. Located minutes from Route 41 and I-94, this property offers exceptional exposure, heavy daily traffic, and proximity to major national retailers, ensuring unmatched visibility and accessibility in one of Waukegan’s most prominent commercial corridors.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$244 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Auto Repair, Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

170

LAND DETAILS

LAND ACRES

1.76 AC

LAND SF

76,666 SF

ZONING

Retail and Automotive

APN/PARCEL ID

08-19-101-038,08-19-101-052

ASK ABOUT THIS PROPERTY

Adam Schneiderman, SIORStrauss RealtyMore Info
773-736-3600

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Adam Schneiderman, SIORStrauss RealtyMore Info
773-736-3600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.