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Land · Waukegan, IL
$1,800,000
beds · baths
4045 York House Road, Waukegan, IL, 60087
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

5.00-acre lot
Exceptional redevelopment opportunity on approximately 5 acres, currently improved with an existing residential dwelling. Zoned I-1 (Restricted Industrial District), the property offers significant flexibility for a variety of industrial, commercial, and redevelopment uses (see attached zoning map). Strategically located adjacent to Oak Grove Business Park, the site benefits from immediate access to established industrial and commercial development, making it an attractive location for investors, developers, and owner-users. The property is encumbered by an active cell tower lease serving T-Mobile and Verizon. The cell tower and lease income are not included in the offering price; however, the lease is assignable, and ownership is willing to discuss a separate sale of the tower lease. Alternatively, the seller would consider subdividing approximately 0.5 acre for the cell tower site and conveying the remaining 4.5 acres independently. Additional highlights include: I-1 Restricted Industrial zoning Existing residential structure on site Adjacent to Oak Grove Business Park Potential to subdivide the cell tower parcel Flexible ownership structure with seller financing considered Seller open to reasonable cash offers combined with seller financing terms An additional 1.78-acre parcel immediately west of the property is also available under a separate listing. Acquisition and assemblage of both parcels would create access to a hard-corner location, further enhancing development potential and site visibility. This is a rare opportunity to acquire a strategically located industrial redevelopment site with flexible purchase options and future expansion potential.
— the listing agent’s description

The home

5.00-acre lot
Land

What it’ll cost

$12,798 taxes / yr
No HOA
51 days on dwello

Estimated monthly payment

$11,163/mo
Principal & interest$9,571
Property taxes$1,067
Homeowners insurance$525
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Tour this home

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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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51 days on dwello
Price history
Listed for sale
Apr 21, 2026
$1,800,000
Property taxes
2025
Annual tax bill (MLS)
$12,798/yr
From county records — verify with the assessor.

Features

Septic Tank

Schools

High — Warren Township High School
Assigned schools per the listing — always verify enrollment + boundaries with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Jeffrey Schultz · Kinzie Brokerage LLC
Listing last updated Jun 10, 2026 · data refreshed from the MLS Jun 17, 2026, 6:26 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:26 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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