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$1,900,000 Just Listed

  • For Sale
  • Active
  • Warehouse
  • 86,000 Sq. Ft.
  • Updated 16 hours ago
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89,000 sq foot warehouse with ample parking and office space. This versatile building features high ceilings, large loading docks, and on-site parking for over 240 cars. Perfect for distribution, manufacturing, or storage, the property is equipped with multiple offices that have large windows, allowing for plenty of natural sunlight. The building is fully conditioned with heating and a sprinkler system.

Full Property Details for 651 S Martin Luther King Jr Ave

General

  • Price: $1,900,000
  • Taxes: $23,661 (2023)
  • Status: Active
  • Type: Warehouse
  • Source: MRED
  • MLS ID: 12545444
  • Updated: 1/18/2026
  • Added to Site: 6 day(s) ago

Additional Information

  • Security/Safety: Sprinklers (Wet)

Location

  • Area: Park City / Waukegan
  • County: Lake
  • Driving Directions: Drive S on MLK to Location.
  • Location Details: North Suburban

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Central Building Heat, Gas, Individual Furnaces

Structural Information

  • Drive-In Doors: 1
  • # Loading Docks: 2
  • Stories/Levels: 2
  • Square Feet: 86,000
  • Year Built: 1956
  • Built Before 1978: Yes

Lot Features

  • Lot Dimensions: 3 ACRES
  • Zoning: WRHSE

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Security Deposit: Sprinklers-Wet
  • Assessment Year: 1956
  • Tax Amount: $23,661
  • Tax Year: 2023
  • Tenant Pays: Varies by Tenant

Disclosures and Reports

  • Property ID: 8284070300000

Listed by Millennium Properties RE, Inc.

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Listing agent

— 651 S Martin Luther King Jr Ave —

  • Millennium Properties RE, Inc.

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 651 S Martin Luther King Jr Ave

School District:Waukegan Community Unit School District 60
NameGradesDistance
Carman-Buckner Elementary School
520 Helmholz Avenue, Waukegan, IL 60085
K-50.2 mi
Thomas Jefferson Middle School, Waukegan, IL
600 South Lewis Avenue, Waukegan, IL 60085
6-81.2 mi
Waukegan High School
1011 Washington Street, Waukegan, IL 60085
9-121 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 651 S Martin Luther King Jr Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/12/2026
Listed
$1,900,000
339.81%
MLS
7/21/2021
Sold
$432,000
—
Public Record
Get Price Alerts and Save Property
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 for 651 S Martin Luther King Jr Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$24,688
-41%
$272,665
5%
2023
$42,148
-5%
$260,709
-39%
2022
$44,451
-1%
$430,069
1%
2021
$45,026
-1%
$426,318
7%
2020
$45,310
—
$397,166
9%
2019
$45,310
19%
$363,939
27%
2018
$38,093
5%
$287,004
13%
2017
$36,390
7%
$253,918
15%
2016
$34,097
2%
$220,645
12%
2015
$33,359
-1%
$197,480
—
2014
$33,858
-40%
$197,480
-41%
2013
$56,422
10%
$333,499
-1%
2012
$51,268
—
$337,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Millennium Properties RE, Inc.

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651 S Martin Luther King Jr Avenue, Waukegan, IL 60085 (MLS# 12545444) is a Warehouse property. 651 S Martin Luther King Jr Avenue is currently listed for $1,900,000 and was received on January 12, 2026. Want to learn more about 651 S Martin Luther King Jr Avenue? Do you have questions about finding other Warehouse real estate for sale in Waukegan? You can browse all Waukegan real estate or contact a Coldwell Banker agent to request more information.

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