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$529,900 Just Listed
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Property Description
Opportunity Knocks! 29,798 sf retail/office/warehouse on 1.9 acres now available for sale. Located at the highly-trafficked intersection of Sheridan Road, South Genesee St. and the Amstutz Expressway (17,000 VPD), this highly visible sight has a population of approximately 35,000 with an average annual household income in excess of $82,000 and a median age of 33.3, 6.3 years younger than the national median within a 5-minute drive time. This property is ready for redevelopment and is located in a City TIF District and an Illinois Enterprise Zone.
Full Property Details
Full Property Details for 535 S Sheridan Rd
General
- Price: $529,900
- Taxes: $13,869 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12749354
- Updated: 9/2/2026
- Added to Site: 4 day(s) ago
Location
- Area: Park City / Waukegan
- County: Lake
- Township: Waukegan
- Driving Directions: The intersection of Sheridan Road, South Genesee and the Amstutz Expressway
Heating & Cooling
- Cooling Type: Partial
- Heating Type: Gas
Structural Information
- Drive-In Doors: 1
- # Loading Docks: 3
- Stories/Levels: 1
- Square Feet: 29,798
- Current Bldg. Use: Commercial
- Year Built: 1930
Lot Features
- Lot Size (Acres): 1.9
- Lot Size (Sq. Ft.): 83,635
- Lot Dimensions: 1.9 acres
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assessment Year: 1930
- Tax Amount: $13,869
- Tax Year: 2025
Disclosures and Reports
- Property ID: 8282190700000
Listed by Callahan Blandings & Schaper
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Schools
Schools serving 535 S Sheridan Rd
School District:Waukegan Community Unit School District 60
| Name | Grades | Distance |
|---|---|---|
Carman-Buckner Elementary School 520 Helmholz Avenue, Waukegan, IL 60085 | K-5 | 0.4 mi |
Thomas Jefferson Middle School, Waukegan, IL 600 South Lewis Avenue, Waukegan, IL 60085 | 6-8 | 1.4 mi |
Waukegan High School 1011 Washington Street, Waukegan, IL 60085 | 9-12 | 0.9 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 535 S Sheridan Rd
Date
Details
Price
Change
Source
9/02/2026
Listed
$529,900
—
MLS
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 535 S Sheridan Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,651
-4%
$168,953
7%
2024
$14,183
5%
$157,312
5%
2023
$13,532
-5%
$150,413
9%
2022
$14,306
-1%
$138,423
1%
2021
$14,491
-1%
$137,216
7%
2020
$14,583
—
$127,833
9%
2019
$14,583
-5%
$117,138
1%
2018
$15,333
5%
$115,522
13%
2017
$14,538
6%
$102,204
15%
2016
$13,724
2%
$88,812
12%
2015
$13,427
-1%
$79,488
—
2014
$13,628
—
$79,488
-1%
2013
$13,618
-14%
$80,494
-19%
2012
$15,885
—
$99,406
—
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 535 S Sheridan Rd
535 S Sheridan Road, Waukegan, IL 60085 (MLS# 12749354) is a Commercial property. 535 S Sheridan Road is currently listed for $529,900 and was received on September 02, 2026. Want to learn more about 535 S 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.

