226 N Martin Luther King Jr Avenue Waukegan, IL ^$ 199,000

226 N Martin Luther King Jr Avenue

^$ 199,000

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226 N Martin Luther King Jr Avenue

Waukegan, IL, 60085

^$ 199,000

Bedrooms-- Baths-- Sq 3,200

Monthly Estimate*

^$ 1,242

226 N Martin Luther King Jr Avenue, Waukegan, IL 60085 - Image 1

226 N Martin Luther King Jr Avenue, Waukegan, IL 60085 - Image 2

226 N Martin Luther King Jr Avenue, Waukegan, IL 60085 - Image 3

226 N Martin Luther King Jr Avenue, Waukegan, IL 60085 - Image 4

226 N Martin Luther King Jr Avenue, Waukegan, IL 60085 - Image 5

Commercial Property for sale in Waukegan, IL

for $199,000. This 3,200 square foot building was built in 1950 on a lot size of 0.220386.

Commercial Active

Price

^$ 199,000

Property Type

Commercial

Taxes

^$ 6,559

Style

Medical/Dental

Lot Size

0.220386

Year Built

1950

Town/City

Waukegan

County/Region

Lake

MLS | Web ID

12499839

Features

General

Cooling Central Air

Year Built 1950

Electric Circuit Breakers

Stories Count 2

Tax Year 2024

Current Use Medical/Dental

Gross Income 0

County Lake

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Office/Tech

Status Active

Directions South of Grand Avenue North of Washington Street West of Sheridan Road and east of West Street

City Waukegan

MLS Area Park City / Waukegan

Lot Size Square Feet 9600

Tax Annual Amount 6559

Additional Parcels Y/N N

Leasable Area 3200

Standard Status Active

Exterior

Building Area Total 3200

Lot Dimensions 70x150

* Excluded Features

List By

@Properties Commercial

Broker

gfrigelis@atproperties.com

Affordability Calculator

$1,788

Per Month

Monthly Principal & Interest: $1,242
Monthly Property Taxes: $547
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Waukegan, IL

Average List Price ^$584,725

Percent of Sale Price 194%

About Waukegan, IL

89,653 Population

1% Since 2002

^$47,241 Median Income

33.6 Median Age

41% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/20/2025	$199,000		Listed Price

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226 N Martin Luther King Jr Avenue, Waukegan, IL, 60085 is a Commercial Property for sale at $199,000 with 3,200 sqft and a lot size of 0.220386. 226 N Martin Luther King Jr Avenue was built in 1950. The property's zip code is 60085 which is in Waukegan, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/9/2025.

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226 N Martin Luther King Jr Avenue

Commercial Property for sale in Waukegan, IL

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