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$49,900
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Property Description
Prime Commercial Location Available - Bring Your Vision! This exceptional commercial property is situated on a busy street, offering high visibility and excellent exposure to potential customers. B-3 Zoning: Allows for a wide range of commercial uses. High Traffic Area, Utilities to the Site, "Sold As Is",No survey, SELLER FINANCING AVAILABLE: Flexible terms: We are eager to discuss seller financing options to help you make your dream a reality. Motivated Seller.
Full Property Details
Full Property Details for 502 Belvidere Rd
General
- Price: $49,900
- Taxes: $842 (2023)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12259664
- Updated: 12/20/2025
- Added to Site: 380 day(s) ago
Interior
- Basement: None
Additional Information
- Other Features: School Bus Service, Commuter Bus
Location
- Area: Park City / Waukegan
- County: Lake
- Township: Waukegan
- Driving Directions: BELVIDERE and COUNTY W TO CORNER OF WEST ST , NORTHWEST CORNER
School Information
- School District: 60
- Elem School District: 60
- Midd School District: 60
- High School District: 60
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Basement Desc.: None
- Square Feet: 0.17
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 0.17
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 101 x 103 x 100 x 70
- Frontage: County Road
- Frontage Feet: 101
- Street/Road Desc.: Asphalt
- Zoning: COMMR
Financial Considerations
- Tax Amount: $842
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 8282010100000
Listed by HomeSmart Connect LLC
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Schools
Schools serving 502 Belvidere 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 | 1 mi |
Robert E Abbott Middle School 1319 Washington Street, Waukegan, IL 60085 | 6-8 | 0.7 mi |
Waukegan High School 1011 Washington Street, Waukegan, IL 60085 | 9-12 | 0.5 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 502 Belvidere Rd
Date
Details
Price
Change
Source
5/12/2025
Price Reduced
$49,900
-9.11%
MLS
4/20/2025
Price Reduced
$54,900
-8.35%
MLS
2/26/2025
Price Reduced
$59,900
-7.7%
MLS
1/02/2025
Listed
$64,900
981.67%
MLS
12/18/2015
Sold
$6,000
—
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 502 Belvidere Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$853
1%
$9,463
5%
2023
$842
-10%
$9,048
5%
2022
$931
2%
$8,617
1%
2021
$912
-1%
$8,542
7%
2020
$918
1%
$7,958
9%
2019
$908
-67%
$7,292
-65%
2018
$2,736
5%
$20,612
13%
2017
$2,614
746%
$18,236
15%
2016
$309
-87%
$15,844
12%
2015
$2,396
-1%
$14,181
—
2014
$2,431
—
$14,181
-1%
2013
$2,430
-14%
$14,361
-19%
2012
$2,835
—
$17,738
—
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 502 Belvidere Rd
502 Belvidere Road, Waukegan, IL 60085 (MLS# 12259664) is a Lots/Land property with a lot size of 0.17 acres. 502 Belvidere Road is currently listed for $49,900 and was received on January 02, 2025. Want to learn more about 502 Belvidere Road? 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.

