Commercial Land in Waukegan, Illinois, presents a lucrative investment opportunity for those looking to capitalize on the city's strategic location and growing economy. With 11 listings available, Commercial Land in Waukegan offers a range of investment options, from undeveloped parcels to fully improved sites. Whether you're looking to develop a new business, expand an existing operation, or simply hold onto a valuable asset, Commercial Land in Waukegan is an attractive choice. The city's diverse economy, which includes industries such as ship and wagon building, flour milling, and dairying, provides a strong foundation for commercial growth. Additionally, Waukegan's proximity to Lake Michigan and its transportation infrastructure, including the Waukegan Harbor and Waukegan National Airport, make it an ideal location for businesses that rely on shipping and logistics. The city's amenities, such as the Waukegan Public Library, Bowen Park, and the Genesee Theatre, also contribute to its appeal as a place to live, work, and do business. With its unique blend of industrial heritage and modern attractions, Waukegan is an excellent place to invest in Commercial Land.
Waukegan's Commercial Land market is characterized by a range of properties, from small parcels to large tracts of land. With an average price per square foot of and an average size of square feet, Commercial Land in Waukegan offers a range of options to suit different budgets and needs. The largest property available is 0 square feet, providing ample space for large-scale commercial developments. In addition to Commercial Land, Waukegan also offers other property types, including Office Space, Retail Space, and Industrial Space, each with its own unique characteristics and advantages. Office Space in Waukegan is ideal for businesses that require a professional setting, while Retail Space is perfect for those looking to establish a storefront. Industrial Space, on the other hand, is suited for companies that require specialized facilities and equipment. Overall, Waukegan's diverse range of property types makes it an attractive destination for businesses and investors alike.
What are common commercial uses for land in the Waukegan market?
In the Waukegan market, common commercial uses for land include industrial purposes such as ship and wagon building, flour milling, and dairying, as well as manufacturing and warehousing due to the city's strategic location near Lake Michigan and its transportation infrastructure.
Additionally, commercial land in Waukegan is also used for retail and office spaces, taking advantage of the city's proximity to Chicago and its growing population of around 90,000 people, with 11 available listings of commercial land for sale, offering opportunities for businesses to establish themselves in the area.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Waukegan, Illinois, there are several common ways to do so. For instance, investors can buy land directly from property owners, work with real estate agents or brokers, or explore online marketplaces like LoopNet, which currently lists 11 available commercial land listings in Waukegan, with an average price per square foot of and average size of square feet.
Before making a purchase, it's essential to do your due diligence and research the process thoroughly. If you're new to land investment, it's a good idea to start by reading our guide on how to buy land, which covers the ins and outs of land investment and can help you make an informed decision.
