3130 Sheeler Avenue Waukegan, IL ^$ 1,250,000

3130 Sheeler Avenue

^$ 1,250,000

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Recently Listed

3130 Sheeler Avenue

Waukegan, IL, 60085

^$ 1,250,000

Bedrooms-- Baths-- Sq 12,000

Monthly Estimate*

^$ 7,696

3130 Sheeler Avenue, Waukegan, IL 60085 - Image 1

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3130 Sheeler Avenue, Waukegan, IL 60085 - Image 5

3130 Sheeler Avenue, Waukegan, IL 60085 - Image 6

3130 Sheeler Avenue, Waukegan, IL 60085 - Image 7

3130 Sheeler Avenue, Waukegan, IL 60085 - Image 8

3130 Sheeler Avenue, Waukegan, IL 60085 - Image 9

3130 Sheeler Avenue, Waukegan, IL 60085 - Image 10

3130 Sheeler Avenue, Waukegan, IL 60085 - Image 11

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3130 Sheeler Avenue, Waukegan, IL 60085 - Image 13

3130 Sheeler Avenue, Waukegan, IL 60085 - Image 14

Commercial Property for sale in Waukegan, IL

for $1,250,000. This 12,000 square foot building was built in 1964 on a lot size of 0.512649.

Fully leased Multi-Tenant commercial/flex building for sale. Great location visible from busy Green Bay Rd. and just south of the Grand Ave. intersection. 7 commercial units plus the 2nd floor has a 2 bed/1 bath oversized apartment. Owner user opportunity or Value Add investor gem.

Commercial Active

Price

^$ 1,250,000

Property Type

Commercial

Taxes

^$ 11,870

Style

Lot Size

0.512649

Year Built

1964

Town/City

Waukegan

County/Region

Lake

MLS | Web ID

12624163

Features

General

Cooling Central Individual

Zoning COMMR

Construction Materials Concrete

Year Built 1964

Electric Separate Meters

Stories Count 2

Township Waukegan

Property Subtype Mixed Use

Tax Year 2024

Gross Income 118200

Additional Parcels Description 08191030310000

County Lake

Net Operating Income 96000

Operating Expense 12000

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Status New

Directions From Grand Ave. south on Green Bay Rd. East on Sheeler Ave. to building on the North side of street. Across from Toyota dealer.

City Waukegan

Number Of Units Total 7

MLS Area Park City / Waukegan

Lot Size Square Feet 22331

Tax Annual Amount 11870

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N Y

Standard Status Active

Cap Rate 7.65

Exterior

Building Area Total 12000

Lot Dimensions 170x144x165x134

* Excluded Features

List By

Troy Realty Ltd

Broker

tim@troyrealtyltd.com;tim@protectrealty.com

Affordability Calculator

$8,686

Per Month

Monthly Principal & Interest: $7,696
Monthly Property Taxes: $989
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 6.25% 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

Trends
Schools

Commerical listings in Waukegan, IL

Average List Price ^$842,192

Percent of Sale Price 33%

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
4/20/2026	$1,250,000		Listed Price

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3130 Sheeler Avenue, Waukegan, IL, 60085 is a Commercial Property for sale at $1,250,000 with 12,000 sqft and a lot size of 0.512649. 3130 Sheeler Avenue was built in 1964. 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 6.25% 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.

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 4/21/2026.

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3130 Sheeler Avenue

Commercial Property for sale in Waukegan, IL

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