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1901 N Lewis Ave 13,500 SF Flex Building Waukegan, IL 60087 For Sale

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INVESTMENT HIGHLIGHTS

  • Prime development site in a growing lakeside community
  • Tax-exempt status with flexible R4 zoning
  • Easy access to Metra rail and O’Hare International Airport
  • Strategic location near Downtown Waukegan and major highways
  • Strong demographics with high household income and population density

EXECUTIVE SUMMARY

This prime development opportunity sits on 2.15 acres along North Lewis Avenue in Waukegan, Illinois, just southeast of Sunset Avenue and County Highway W34. The site includes a 13,500 SF structure and parking lot, offering flexibility for redevelopment or adaptive reuse. Zoned R4 (General Residential), the property is tax-exempt and surrounded by established single-family neighborhoods to the south and west, with Bonnie Brook Manor Luxury Apartments to the north. Its strategic location places it less than two miles from Downtown Waukegan and only 26 minutes north of Chicago, making it ideal for residential or mixed-use development.

PROPERTY FACTS

Sale Type Investment or Owner User
Property Type Flex
Building Class C
Lot Size 2.19 AC
Rentable Building Area 13,500 SF
No. Stories 1
Year Built 1989
Tenancy Single
Parking Ratio 2.52/1,000 SF
Zoning R4 - General Residential
Parcel Number 08-08-400-031
  • Listing ID: 37271088

  • Date on Market: 8/14/2025

  • Last Updated:

  • Address: 1901 N Lewis Ave, Waukegan, IL 60087

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