992-996 S Waukegan Rd | Waukegan, IL 60085
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992-996 S Waukegan Rd
Waukegan, IL 60085
10-Yr Dispensary & 7-Yr Tropical Smoothie · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Two-Tenant, Retail Strip | National Tenant Tropical Smoothie Cafe with 7 Years Remaining on Lease Term
- Newer 2019 Construction | Dispensary Opened for Business in March 2023
- Ivy Hall has High Anticipated Sales | Ranging Between $8 Million to $10 Million
- Ivy Hall, Operated by World of Weed, Inc., is Set to be the First Cannabis Dispensary in Waukegan | 10 Years Remaining on Lease Term
- New Construction, High-End Casino and Hotel is Under Construction Directly Behind the Subject Property
- Extremely Close Proximity to a Walmart Supercenter, Featuring a McDonald’s, as well as a multitude of Hotels
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
7,350 SF
Building Class
B
Year Built
2019
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.25 AC
Zoning
B2 - Community Shopping District
Parking
35 Spaces (4.76 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
PROPERTY TAXES
| Parcel Number | 07-36-104-004 | Improvements Assessment | $287,762 |
| Land Assessment | $125,315 | Total Assessment | $413,077 |
PROPERTY TAXES
Parcel Number
07-36-104-004
Land Assessment
$125,315
Improvements Assessment
$287,762
Total Assessment
$413,077
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