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$1.80M
Existing building with industrial characteristics suitable for repurposing
Zoom in and outline the part of the site you care about — a pad, the buildable acreage, a laydown yard. Saved areas carry acreage and perimeter, and can be handed to the Site Viability Report so the analysis is about that ground, not the whole parcel. Imagery outlines are screening inputs, not a survey.
This approximately 5-acre site in Waukegan offers immediate redevelopment potential with I-1 Restricted Industrial zoning, providing flexibility for data center, industrial, and commercial applications. The property currently contains a residential structure and is strategically positioned adjacent to Oak Grove Business Park, offering access to established industrial infrastructure and connectivity. The site is encumbered by an active cell tower lease serving T-Mobile and Verizon. The lease is assignable, and the seller will consider subdividing approximately 0.5 acre for the tower parcel, conveying the remaining 4.5 acres independently. An additional 1.78-acre parcel immediately west is available separately, with combined acquisition creating a hard-corner location and enhanced development options. The property presents flexible transaction structures, with the seller open to creative financing arrangements. The I-1 zoning, proximity to established business park infrastructure, and potential for parcel assemblage position this site for mission-critical facility development or industrial conversion projects requiring strategic location and expansion capability.
External listing — imported from crexi. InfraSale does not represent this listing directly. Request full details and due diligence through InfraSale.