36911 N Green Bay Rd - Office FOR SALE


Waukegan, IL 60087
$450,000 USD
847-309-0018
36911 N Green Bay Rd, Waukegan, IL for Sale
$450,000 USD
Office - FOR SALE
1/4
null | Request Cap Rate

36911 N Green Bay Rd
Waukegan, IL 60087


HIGHLIGHTS

  • Two-parcel commercial opportunity totaling approximately 1.67 acres.
  • B-1 zoning supports a variety of commercial uses.
  • Frontage along Green Bay Road in Beach Park.
  • Three-car garage on site.

OVERVIEW

36911 N. Green Bay Road and 12813 Tyler Road present a unique opportunity to acquire a two-parcel commercial property totaling approximately 1.67 acres in Beach Park, Illinois. The offering includes an existing office building with an apartment component and a three-car garage, creating immediate utility for owner-users, investors, or redevelopment-focused buyers. Positioned along Green Bay Road, the property offers visibility and access within a well-established commercial corridor serving northern Lake County. The site's combined acreage provides flexibility for a variety of commercial uses permitted under the property's B-1 zoning designation, including retail, restaurant, office, banking, personal services, and other commercial applications. Existing improvements offer potential for continued occupancy, adaptive reuse, or redevelopment, depending on buyer objectives. The combination of an existing income-producing structure, excess land area, and commercial zoning creates an opportunity to capitalize on both current functionality and future development potential. Its location near residential neighborhoods and regional transportation routes further supports long-term commercial viability.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$248 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

36911 N Green Bay Rd & 12813 Tyler Rd

PROPERTY TYPE

Office

ADD'L SUBTYPES

Day Care Center, Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,745 SF

ZONING

B-1

APN/PARCEL ID

08-07-106-018

ASK ABOUT THIS PROPERTY

Jack SteinekeEntre Commercial Realty LLCMore Info
847-309-0018

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Jack SteinekeEntre Commercial Realty LLCMore Info
847-309-0018

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