Savills is pleased to present a premier aircraft hangar for sale, including a two-bay hangar, office, lounge, and maintenance facilities, located at Waukegan National Airport. The facility offers: ** Hangar Space: 32,640 square feet ** Office and Maintenance Space: 10,195 square feet ** Aircraft Capacity: Can accommodate up to four private aircraft ** Fuel Farm: Underground fuel storage with a capacity of 40,000 gallons Built in 1985 and renovated in 2018, the secure hangar is situated on a gated private drive, conveniently located near Green Bay Road and Wadsworth Road within Waukegan National Airport. The property is positioned on a 4.7-acre lot and is under a long-term ground lease, with the Waukegan Port District as the ground lessor. This asset represents an exceptional opportunity to secure private hangar space in the North Chicago/Southern Wisconsin aviation market. The space is ideal for FBOs, MROs, Corporate / Private Aviation Departments, or other aviation-related businesses. Address: 3900 Foster McGaw Drive, Waukegan, IL – Waukegan National Airport Site Area: 4.7 +/- acres Square Footage: 42,835 +/- sf Hangar A: 19,661 sf Hangar B: 12,979 sf Office, Maintenance, Other: 10,195 sf Ground Lease: 10 Years Remaining with renewal option Current Lease Expiration: May 22, 2035 Renewal Term Expiration: May 22, 2045 Ground Lessor: Waukegan Port District Year Built / Renovated: 1985 / 2018 Parcel Number: 04-31-201-017-8005 Parking: Asphalt Paved Parking Lot with 36 spaces Fuel Farm: Underground fuel farm with 40,000 gallon capacity, monitored by a veedee root system