742 W Greenwood Avenue Waukegan, IL $ 650,000
742 W Greenwood Avenue
$ 650,000
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742 W Greenwood Avenue

Waukegan, IL, 60087
$ 650,000
Bedrooms-- Baths-- Sq 11,986

Monthly Estimate*

$ 4,002

742 W Greenwood Avenue, Waukegan, IL 60087 - Image 1
742 W Greenwood Avenue, Waukegan, IL 60087 - Image 2
742 W Greenwood Avenue, Waukegan, IL 60087 - Image 3
742 W Greenwood Avenue, Waukegan, IL 60087 - Image 4
742 W Greenwood Avenue, Waukegan, IL 60087 - Image 5
742 W Greenwood Avenue, Waukegan, IL 60087 - Image 6
742 W Greenwood Avenue, Waukegan, IL 60087 - Image 7
742 W Greenwood Avenue, Waukegan, IL 60087 - Image 8
742 W Greenwood Avenue, Waukegan, IL 60087 - Image 9

Commercial Property for sale in Waukegan, IL

for $650,000. This 11,986 square foot building was built in 1967 on a lot size of 0.6.

Positioned on a prominent corner in an established residential neighborhood, this 11,986 SF masonry building offers a highly functional and adaptable layout ideal for a variety of institutional or community-oriented uses, including daycare, educational, or nonprofit occupancy. Originally constructed in 1967 and well-maintained, the property features a combination of private classrooms, administrative offices, and a large open auditorium-style space with stage-providing flexibility for programming, events, or assembly use. The building is equipped with zoned HVAC, multiple restrooms, and life-safety systems, making it well-suited for immediate occupancy or repositioning. The property sits on a 15,000 SF corner lot, complemented by an additional 11,313 SF parking lot directly across the street with capacity for approximately 26 vehicles, offering a rare dual-parcel configuration that enhances functionality and accessibility. A small fenced outdoor area further supports childcare or recreational use. Located within a primarily residential neighborhood with proximity to local arterials and community amenities, the asset benefits from strong accessibility and a built-in user base. This offering presents a compelling opportunity for owner-users, investors, or organizations seeking a well-located, purpose-built facility with both immediate usability and long-term adaptability.

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Commercial Active

Price

$ 650,000

Property Type

Commercial

Taxes

$ 0

Style

Medical/Dental

Lot Size

0.6

Year Built

1967

Town/City

Waukegan

County/Region

Lake

MLS | Web ID

12674335

Features
General
Cooling Central Air
Zoning COMMR
Construction Materials Brick
Year Built 1967
Electric Circuit Breakers
Stories Count 1
Tax Year 2024
Current Use Medical/Dental
Gross Income 0
Additional Parcels Description 08093250270000
Assoc Fee Paid Per Not Applicable
County Lake
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Retail/Stores
Status New
Directions Route 137 to Greenwood Ave West to 742 on the North Side of Street (Includes Parking Lot across Chestnut)
City Waukegan
Number Of Units Total 1
MLS Area Park City / Waukegan
Lot Size Square Feet 26313
Additional Parcels Y/N Y
Leasable Area 11986
Standard Status Active
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Exterior
Building Area Total 11986
Lot Dimensions 200 X 135
Lot Size Acres 0.6
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* Excluded Features
List By
Sperry Van Ness

Broker

angelo.labriola@svn.com

Email

Affordability Calculator

$4,002
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/10/2026$650,000 Listed Price

Map


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742 W Greenwood Avenue, Waukegan, IL, 60087 is a Commercial Property for sale at $650,000 with 11,986 sqft and a lot size of 0.6. 742 W Greenwood Avenue was built in 1967. The property's zip code is 60087 which is in Waukegan, IL