This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/13
$9,269,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/13
Property Description
Prime Opportunity To Develop A Signature Premier Waukegan Lakefront Location!!! 16 Acres +/- Located in Waukegan Tif Zone #9 and Us Treasury Federal Cap Gains Tax Credit Opportunity Zone #2. Multifamily and Mixed Use Opportunity!! Number Of Potential Number Of Units Tbd!! Bring Your Imagination!!! Residential Units Expected Approx 328 +/- and Commercial Units Expected Approx. 6 +/- But Tbd!! Close Proximity To Waukegan Downtown!! Steps Away From Waukegan Metra Station!! Near Waukegan Harbor & Marina!! Pos. Flexible Pud Zoning Eligible!!
Full Property Details
Full Property Details for 0 Market St
General
- Price: $9,269,000
- Taxes: $22,188 (2024)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12651714
- Updated: 5/18/2026
- Added to Site: 1 day(s) ago
Additional Information
- Other Features: Commuter Train
Location
- Area: Park City / Waukegan
- County: Lake
- Township: Waukegan
- Driving Directions: EAST SIDE OF MARKET STREET BETWEEN NORTH WATER STREET AND SOUTH AND TERMINUS OF CUMMING AVE
- Location Details: Mixed-Use Area, Waterfront, Water View, In City Limits
School Information
- School District: 60
- Elem School District: 60
- Midd School District: 60
- High School District: 60
Utilities
- Water: Municipal Water
- Onsite: Electricity Nearby, Natural Gas Nearby, Water Nearby
Structural Information
- Square Feet: 16
- Current Bldg. Use: Other
Lot Features
- Lot Size (Acres): 16
- Lot Size Range: 10.0 to 24.99 Acres
- Lot Dimensions: 211 x 275
- Frontage: City Street
- Frontage Feet: 275
- Street/Road Desc.: Asphalt
- Potential Use: Development, Multi-Family, Single Family, Special Use, Zoning Change Required, Other
- Lot Description: Irregular
Water Features
- Water Front: Yes
- Water Front View: Back of Property
Financial Considerations
- Tax Amount: $22,188.05
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 8284000460000
Listed by Kornerstone Realty Group, Inc.
Get Pre-Approved Today
Get a Great Insurance Rate
Price & Sales History for 0 Market St
Date
Details
Price
Change
Source
5/18/2026
Listed
$9,269,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0 Market St
0 Market Street, Waukegan, IL 60085 (MLS# 12651714) is a Lots/Land property with a lot size of 16 acres. 0 Market Street is currently listed for $9,269,000 and was received on May 18, 2026. Want to learn more about 0 Market Street? Do you have questions about finding other Lots/Land real estate for sale in Waukegan? You can browse all Waukegan real estate or contact a Coldwell Banker agent to request more information.

