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$390,000
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Property Description
SPACIOUS MIXED-USE INVESTMENT OPPORTUNITY ACROSS FROM THE GENESEE THEATRE! Now available for sale-an 11,760 SF mixed-use building in a prime downtown Waukegan location, directly across from the 2,403-seat Genesee Theatre. This high-visibility property features four first-floor retail units, each with direct Genesee Street frontage, individual HVAC, and separate electric service-perfect for restaurants, boutiques, or service-based businesses. The second floor offers six flexible office suites, all served by a central HVAC system and individual electric meters, making it ideal for a variety of professional tenants. Located adjacent to a 700-space public parking garage and within walking distance of the Lake County Building, College of Lake County, City Hall, and Metra station, this property boasts exceptional accessibility and high pedestrian traffic. An excellent opportunity for investors or owner-users looking to leverage the energy and redevelopment of downtown Waukegan!
Full Property Details
Full Property Details for 228 N Genesee St
General
- Sold For: $390,000
- Taxes: $12,132 (2024)
- Status: Closed
- Type: Store
- Source: MRED
- MLS ID: 12391370
- Added to Site: 173 day(s) ago
Additional Information
- Security/Safety: Alarm Monitored, Alarm on Site
Location
- Area: Park City / Waukegan
- County: Lake
- Driving Directions: SOUTH ON GENESEE FROM GRAND
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Central Building Heat
Structural Information
- Construction: Concrete
- Exterior Const.: Concrete
- Stories/Levels: 2
- Square Feet: 11,760
- Current Bldg. Use: Commercial
- Year Built: 1940
Unit Information
- # Tenants: 4
Lot Features
- Lot Size (Sq. Ft.): 8,120
- Lot Dimensions: 73 x 112
- Zoning: COMMR
Financial Considerations
- Lease Price: $9
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Alarm Monitored, Alarm On Site
- Assessment Year: 1940
- Tax Amount: $12,132.32
- Tax Year: 2024
- Tenant Pays: Air Conditioning
Disclosures and Reports
- Property ID: 8212200060000
Listed by RE/MAX Plaza
Sold by Callahan Blandings & Schaper
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Schools
Schools serving 228 N Genesee St
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 | 0.8 mi |
Waukegan High School 1011 Washington Street, Waukegan, IL 60085 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 228 N Genesee St
Date
Details
Price
Change
Source
10/30/2025
Sold
$390,000
-13.33%
MLS
7/28/2025
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
228 N Genesee Street, Waukegan, IL 60085 (MLS# 12391370) is a Store property that was sold at $390,000 on October 30, 2025. Want to learn more about 228 N Genesee Street? Do you have questions about finding other Store real estate for sale in Waukegan? You can browse all Waukegan real estate or contact a Coldwell Banker agent to request more information.

