For Sale
Land for sale at 0 Market St, Waukegan, IL 60085 | MLS# 12651714 | Listing updated on 2026-08-02
Photo 1 of Land for sale at 0 Market St, Waukegan, IL 60085 | MLS# 12651714 | Listing updated on 2026-08-02
Photo 2 of Land for sale at 0 Market St, Waukegan, IL 60085 | MLS# 12651714 | Listing updated on 2026-08-02
Photo 3 of Land for sale at 0 Market St, Waukegan, IL 60085 | MLS# 12651714 | Listing updated on 2026-08-02
Photo 4 of Land for sale at 0 Market St, Waukegan, IL 60085 | MLS# 12651714 | Listing updated on 2026-08-02
9+
Beds Icon

Street View

$9,265,000

Monthly Est:$46,115

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon16acres lot

0 Market St, Waukegan, IL 60085

$46,115/moEst:

Get Pre-Approved

  • Land

  • Built in -

  • $-- HOA

  • 16 acres lot

  • $579,062/acre

Description

PRIME OPPORTUNITY TO DEVELOP A SIGNATURE PREMIER WAUKEGAN LAKEFRONT LOCATION!!! 16 ACRES +/- LOCATED IN WAUKEGAN TIF ZONE #9 AND US TREASURY FEDERAL CAP GAINS TAX CREDIT OPPORTUNITY ZONE #2. MULTIFAMILY AND MIXED USE OPPORTUNITY!! NUMBER OF POTENTIAL NUMBER OF UNITS TBD!! BRING YOUR IMAGINATION!!! RESIDENTIAL UNITS EXPECTED APPROX 328 +/- AND COMMERCIAL UNITS EXPECTED APPROX. 6 +/- BUT TBD!! CLOSE PROXIMITY TO WAUKEGAN DOWNTOWN!! STEPS AWAY FROM WAUKEGAN METRA STATION!! NEAR WAUKEGAN HARBOR & MARINA!! POS. FLEXIBLE PUD ZONING ELIGIBLE!!

  • Houzeo last checked: 12 hours ago
  • Listing updated: August 2, 2026 at 5:06 am
  • Listing Provided by: John Kantor | Kornerstone Realty Group, Inc. (847) 702-1980
  • Source: MRED MLS-IL | MLS#: 12651714 MRED MLS-IL

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Lake County

  • City

    Waukegan

  • Neighborhood

    --

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    16 acres lot

  • Basement Area

    - sqft

  • MLS Name

    MRED MLS

  • MLS Number

    12651714

  • MLS Status

    Active

  • Days on Market

    142

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Utilities & Energy

  • Utilities

    Electricity Nearby, Natural Gas Nearby, Water Nearby

  • Water Source

    Municipal Water

Price History

DateEventPrice

07/27/2026

Source: mls_logoMRED MLS-IL #MRD12651714

Price Decreased

$9,265,000 -0.04%

$0/sqft

05/18/2026

Source: mls_logoMRED MLS-IL #MRD12651714

Listed for Sale

$9,269,000

$0/sqft

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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 07, 2026, 06:00AM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

Based on information submitted to the MLS GRID as of Oct 07, 2026, 06:00AM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved

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