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Property Description
HISTORIC WAUKEGAN MASONIC TEMPLE FOR SALE! Incredible opportunity to bring your vision to this one-of-a-kind historic landmark offering approximately 40,000 square feet in the heart of Waukegan. This special property features multiple expansive gathering spaces, a stunning Grand Ballroom, reception areas, and endless possibilities for redevelopment, events, mixed-use, commercial, or creative space. Ideally located on Sheridan Road with views of Lake Michigan, this iconic building is just steps from the Genesee Theatre, shopping, restaurants, and transportation. Situated within both the TIF District and the Illinois Enterprise Zone, this property offers outstanding potential for investors, developers, and visionary owners looking to restore and reposition a true historic treasure.
Full Property Details
Full Property Details for 220 N Sheridan Rd
General
- Price: $2,000,000
- Taxes: $27,313 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12610188
- Updated: 4/4/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Marble, Varies, Wood
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Park City / Waukegan
- County: Lake
- Township: Waukegan
- Driving Directions: Grand & Sheridan Rd. South to Property (on West side of street)
- Location Details: North Suburban
Heating & Cooling
- Cooling Type: None
- Heating Type: Steam, None
Structural Information
- Construction: Concrete
- Exterior Const.: Concrete
- Sub-Flooring: Marble, Varies, Wood
- Stories/Levels: 3
- Square Feet: 40,000
- Year Built: 1923
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 10,567
- Lot Dimensions: 145 x 74 x 142 x 74
- Zoning: OTHER
Financial Considerations
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1923
- Tax Amount: $27,313
- Tax Year: 2024
Disclosures and Reports
- Property ID: 8212210060000
Listed by RE/MAX Plaza
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Schools
Schools serving 220 N Sheridan Rd
School District:Waukegan Community Unit School District 60
| Name | Grades | Distance |
|---|---|---|
North Elementary School, Waukegan, IL 410 Franklin Street, Waukegan, IL 60085 | K-5 | 0.4 mi |
Miguel Juarez Middle School 201 North Butrick Street, Waukegan, IL 60085 | 6-8 | 0.9 mi |
Waukegan High School 1011 Washington Street, Waukegan, IL 60085 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 220 N Sheridan Rd
Date
Details
Price
Change
Source
4/04/2026
Listed
$2,000,000
300%
MLS
3/29/2013
Sold
$500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 220 N Sheridan Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$28,378
1%
$314,746
5%
2023
$28,019
-5%
$300,945
5%
2022
$29,621
-1%
$286,614
1%
2021
$30,004
-1%
$284,114
7%
2020
$30,196
—
$264,686
9%
2019
$30,196
63%
$242,542
1%
2018
$18,477
13%
$239,193
13%
2017
$16,376
6%
$211,618
15%
2016
$15,459
-44%
$183,888
12%
2015
$27,802
-1%
$164,583
—
2014
$28,218
-6%
$164,583
-7%
2013
$29,868
-14%
$176,541
-19%
2012
$34,839
—
$218,019
—
Disclaimer: Historical tax 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 220 N Sheridan Rd
220 N Sheridan Road, Waukegan, IL 60085 (MLS# 12610188) is a Commercial property. 220 N Sheridan Road is currently listed for $2,000,000 and was received on April 04, 2026. Want to learn more about 220 N Sheridan Road? Do you have questions about finding other Commercial real estate for sale in Waukegan? You can browse all Waukegan real estate or contact a Coldwell Banker agent to request more information.

