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$999,500
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Property Description
Discover the exceptional potential of 601 Lakehurst Road in Waukegan, Illinois, a rare opportunity in the heart of a burgeoning area. This opportunity encompasses close to 6 acres of undeveloped land, ideally positioned for significant development, with zoning allowing structures up to 200 feet high. The site's strategic location is a cornerstone of the Fountain Square of Waukegan entertainment and retail development, neighboring a half-billion dollar enterprise- the new American Place Casino, set to enhance the area's vibrancy by 2027. This remarkable land parcel is perfectly suited for diverse high-end commercial endeavors, including retail and restaurant spaces, shopping centers, business offices, and medical facilities. The zoning flexibility ensures you can tailor the development to meet a wide variety of business needs. The property benefits from exceptional accessibility, situated along major thoroughfares including Route 43, Route 120, Route 41, and I-94 offering unparalleled connectivity for both customers and employees. Already anchored by prominent national retailers such as Walmart and Aldi, which collectively promise to drive significant foot traffic to the area. Envision your business thriving in this dynamic landscape, where development opportunities abound and the future is bright. Connect with us to explore this prime real estate opportunity and be part of Waukegan's next wave of growth!
Full Property Details
Full Property Details for 601 Lakehurst Rd
General
- Price: $999,500
- Taxes: $9,378 (2024)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12419451
- Updated: 11/17/2025
- Added to Site: 260 day(s) ago
Location
- Area: Park City / Waukegan
- County: Lake
- Township: Waukegan
- Driving Directions: I-94 to Belvidere Rd Exit (Rt 120) go East to Greenleaf Ave. turn south to Lakehurst Rd and go to 601 Lakehurst Rd. Lots are right before the McDonalds on Lakehurst Rd & S. Waukegan Rd.
School Information
- School District: 60
- Elem School District: 60
- Midd School District: 60
- High School District: 60
Utilities
- Onsite: Electricity Nearby, Natural Gas Nearby
Structural Information
- Square Feet: 5.88
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 5.88
- Lot Size (Sq. Ft.): 256,000
- Lot Size Range: 5.0 to 5.99 Acres
- Lot Dimensions: 266 x 845
- Frontage: City Street, County Road
- Frontage Feet: 266
- Street/Road Desc.: Asphalt
- Zoning: COMMR
Financial Considerations
- Tax Amount: $9,378
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 7361030240000
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Schools
Schools serving 601 Lakehurst Rd
School Districts:Warren Township High School District 121, Woodland Community Consolidated School District 50
| Name | Grades | Distance |
|---|---|---|
Woodland Elementary School, Gages Lake, IL 17261 West Gages Lake Road, Gages Lake, IL 60030 | 1-3 | 3.9 mi |
Woodland Primary School 17366 W Gages Lake Rd, Gages Lake, IL 60030 | PK-K | 4 mi |
Woodland Intermediate School 1115 N Hunt Club Rd, Gurnee, IL 60031 | 4-5 | 4.1 mi |
Woodland Middle School 7000 Washington Street, Gurnee, IL 60031 | 6-8 | 4.4 mi |
Warren Township High School 34090 N Almond Rd, Gurnee, IL 60031 | 9-12 | 4.5 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 601 Lakehurst Rd
Date
Details
Price
Change
Source
7/14/2025
Listed
$999,500
-22.82%
MLS
6/13/2014
Sold
$1,295,000
—
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 601 Lakehurst Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,362
4%
$81,044
8%
2023
$9,016
6%
$75,243
3%
2022
$8,514
3%
$73,052
4%
2021
$8,294
1%
$70,121
3%
2020
$8,191
—
$68,397
3%
2019
$8,181
-14%
$66,411
-13%
2018
$9,537
1%
$76,210
3%
2017
$9,448
1%
$74,026
5%
2016
$9,364
1%
$70,730
5%
2015
$9,308
-1%
$67,081
—
2014
$9,407
3%
$67,081
1%
2013
$9,091
8%
$66,681
-2%
2012
$8,435
—
$68,333
—
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 601 Lakehurst Rd
601 Lakehurst Road, Waukegan, IL 60085 (MLS# 12419451) is a Lots/Land property with a lot size of 5.88 acres. 601 Lakehurst Road is currently listed for $999,500 and was received on July 14, 2025. Want to learn more about 601 Lakehurst 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.

