1301 S Lewis Avenue Waukegan, IL $ 1,600,000
1301 S Lewis Avenue
$ 1,600,000
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1301 S Lewis Avenue

Waukegan, IL, 60085
$ 1,600,000
Bedrooms-- Baths-- Sq 26,000
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Property for Rent in Waukegan, IL

for $1,600,000. This 26,000 square foot property was built in 1983 on a lot size of 2.91352.

BUY IT ALL FOR 1,600,000 OR LEASE EVERYTHING AT 10.00 SQ FT. ANNUALLY! This is the one you've been waiting for - and there is nothing like it on the market. From the moment you pull into the freshly striped, 60-space parking lot and take in the sheer scale of this 26,000 square foot building sitting on nearly 3 acres of prime Waukegan real estate, you'll understand immediately - this is not just a property. This is a platform for something great. Originally built as a grocery store and thoughtfully transformed over the years into a fully operational, multi-use commercial facility, 1301 S. Lewis Avenue has been meticulously maintained and remodeled by its current owner - someone who clearly took pride in every single square foot. New water heaters. Updated rooms throughout. Everything current and compliant with the City. Walk in ready to operate, not ready to renovate. Step inside and the first thing you notice is the light - energy-efficient LED panels installed throughout in 2020 flood every corridor, open workspace, and private office with bright, clean illumination. The reception area welcomes you with polished floors, fresh finishes, and a layout that immediately communicates professionalism. From there, the building unfolds into something truly special. There are approximately 11 private offices for administrative, coaching, counseling, or instructional use - but the offices are just the beginning. The real showstoppers are the two enormous open training areas that will take your breath away the moment you walk in. The first measures an incredible 77'6" x 62' - a cavernous, expanse of pure usable space. The second comes in at 50'10" x 63'10" - equally commanding, equally versatile. Whether you're envisioning a full-scale fitness floor, a competition-grade wrestling mat, a martial arts training hall, a sanctuary for worship, or a classroom environment for dozens of students - these rooms don't just accommodate your vision, they elevate it. Both spaces are bright, clean, and move-in ready. Beyond the training areas, the building delivers everything an operator needs to run a first-class facility. A full commercial kitchen. ADA-compliant hallways and bathrooms throughout - updated in 2019 and fully current. Six restrooms total, serving staff and guests with ease. And here's what will stop every fitness entrepreneur in their tracks - showers are already on-site and ready to go. The current owner operated an immaculately maintained dog training facility here, and they did not cut corners on a single thing. The plumbing is in place, the infrastructure is dialed in, and for anyone dreaming of opening a gym, a wrestling academy, a martial arts dojo, or a fitness center - you are not starting from scratch. You are steps away from the finish line. Out back, the warehouse and loading dock area provides serious operational muscle - three loading docks, one drive-in door, and generous storage space that most facilities in this price range simply cannot offer. And when it's time to step outside, the private fenced outdoor space with a picnic area offers a rare amenity - a peaceful, secured outdoor environment perfect for team gatherings, outdoor training, student recess, congregation events, or simply a place for your staff and clients to breathe. The infrastructure matches the ambition at every turn. A full fire safety sprinkler system is in place. New rooftop HVAC was installed in 2020. Energy-efficient LED lighting was upgraded throughout in 2020. New water heaters have been installed. Everything has been brought current and kept current - this owner did not let a single thing slide. Location? It doesn't get more connected than this. With 350 feet of frontage along South Lewis Avenue, where 10,100 vehicles pass every single day, your presence will be felt before anyone even walks through the door. Direct access to I-94 puts you 40 miles from downtown Chicago. The North Chicago Metra station is just 1.5 miles away.

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Rental Active

Price

$ 1,600,000

Taxes

$ 33,300

Style

Commercial

Lot Size

2.91352

Year Built

1983

Town/City

Waukegan

County/Region

Lake

MLS | Web ID

12628588

Features
General
Cooling Central Air
Possession Closing Negotiable
Zoning COMMR
Construction Materials Brick Block
Year Built 1983
Electric Other
Tenant Pays Varies by Tenant
Stories Count 1
Township Waukegan
Tax Year 2025
Current Use Commercial Other
Gross Income 0
Additional Parcels Description 08322140110000 08322140030000
Assoc Fee Paid Per Not Applicable
County Lake
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions North of 14th South of 11th on Lewis Ave
City Waukegan
MLS Area Park City / Waukegan
Lot Size Square Feet 126913
Tax Annual Amount 33300.54
Additional Parcels Y/N Y
Leasable Area 26000
Lease Type Modified Gross
Standard Status Active
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Exterior
Building Area Total 26000
Lot Dimensions 322 X 330
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* Excluded Features
List By
Compass

Broker

pimentelsells@gmail.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2026$1,600,000 Listed Price

Map


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1301 S Lewis Avenue, Waukegan, IL, 60085 is a Property for Rent at $1,600,000 with 26,000 sqft and a lot size of 2.91352. 1301 S Lewis Avenue was built in 1983. The property's zip code is 60085 which is in Waukegan, IL