REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 9,269,000
Est. payment | /mo
16 Acres Lot
$ 9,269,000
Est. payment | /mo
16 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12651714
Annual Tax Amount $22,188
Tax Year 2024
Lot Size 16.000 Acres
Lot Dimensions 211X275
Property Sub-Type Land
Property 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!!
Location
State IL
County Lake
Area Park City / Waukegan
Interior
Fireplace N
Exterior
Utilities Available Electricity Nearby, Natural Gas Nearby, Water Nearby
Building
Dwelling Type Land
Water Municipal Water
Schools
School District 60 , 60, 60
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by John Kantor of Kornerstone Realty Group, Inc.
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "