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Land · Waukegan, IL
$2,900,000
beds · baths
100 S Green Bay Road, Waukegan, IL, 60085
A brick-and-mortar place to make your own — room to make it home.
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What’s special

5.45-acre lot
Exceptional 5.45-Acre Commercial Development Opportunity | 100 S. Green Bay Road, Waukegan, IL Rare opportunity to acquire a highly visible commercial land assemblage in one of northern Lake County's active commercial corridors. This approximately 5.45-acre site, comprised of 10 contiguous parcels, fronts the west side of Green Bay Road just south of the signalized Washington Street intersection, offering excellent exposure, accessibility, and proximity to Routes 41, 120, and I-94. Zoned B-3 General Commercial, the property allows for a wide range of potential uses including: truck stop, shopping center, car dealership, apartments, warehousing, retail, restaurant, banking, office, service business, indoor recreation, and other commercial/business service uses. The zoning also allows building heights up to 100 feet, providing flexibility for a variety of development concepts. Municipal water, sanitary sewer, natural gas, and electric are available at the site. The parcel is located in Flood Zone X, outside the floodplain, and features generally level topography, making it well-suited for ground-up development. The property has a limited wetland area reported toward the northwest portion of the site. The property also offers notable upside potential. There is approximately 1.40 additional acres of adjacent alleys and portions of Hillside Avenue and Ridge Avenue that may be candidates for vacation and incorporation into the overall site, subject to approval by the proper authorities. If successfully vacated, this could potentially expand the overall land area and create a larger, more functional contiguous development footprint. This may provide a meaningful advantage for developers, investors, or owner-users seeking a larger-format commercial, service, retail, or mixed-use concept in a land-constrained corridor. Surrounding uses include automotive services, retail centers, restaurants, gas stations, office uses, and nearby residential neighborhoods. Buyer to independently verify zoning, permitted uses, road and alley vacation potential, wetlands, utilities, site dimensions, development requirements, and all other due diligence with the City of Waukegan and appropriate agencies.
— the listing agent’s description

The home

5.45-acre lot
Land

What it’ll cost

$22,694 taxes / yr
No HOA
20 days on dwello

Estimated monthly payment

$18,156/mo
Principal & interest$15,419
Property taxes$1,891
Homeowners insurance$846
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20 days on dwello
Price history
Listed for sale
May 27, 2026
$2,900,000
Property taxes
2025
Annual tax bill (MLS)
$22,694/yr
From county records — verify with the assessor.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Alexis Bahena · Berkshire Hathaway HomeServices
Listing last updated Jun 15, 2026 · data refreshed from the MLS Jun 17, 2026, 6:29 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:29 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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