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$390,000
11,760
square ft

228 N Genesee Street
Waukegan, Illinois 60085

Closed / MLS #12391370 / Retail Store / Waukegan
Listing information updated 11/2/2025 at 6:03am
SPACIOUS MIXED-USE INVESTMENT OPPORTUNITY ACROSS FROM THE GENESEE THEATRE! Now available for sale-an 11,760 SF mixed-use building in a prime downtown Waukegan location, directly across from the 2,403-seat Genesee Theatre. This high-visibility property features four first-floor retail units, each with direct Genesee Street frontage, individual HVAC, and separate electric service-perfect for restaurants, boutiques, or service-based businesses. The second floor offers six flexible office suites, all served by a central HVAC system and individual electric meters, making it ideal for a variety of professional tenants. Located adjacent to a 700-space public parking garage and within walking distance of the Lake County Building, College of Lake County, City Hall, and Metra station, this property boasts exceptional accessibility and high pedestrian traffic. An excellent opportunity for investors or owner-users looking to leverage the energy and redevelopment of downtown Waukegan!
Built:
1940
Cooling System:
Central Air,Window Unit(s)
Stories:
2
Current Use:
Commercial
Zoning:
COMMR
Rentable Square Feet:
11,760
Building Square Feet:
11,760
Current Net Income:
$49,800
Tax Amount:
$12,132
Tax Year:
2024
Zip Code:
60085
City:
Waukegan
County:
Lake

Listing Office: RE/MAX Plaza

Listing Office Phone: 815.385.6770

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/2/2025 at 6:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Waukegan, IL

Waukegan’s lakefront, marina, and beaches are undeniably a major draw for residents; but the city is not just fun in the sun. The community has built a thriving art scene as well. Once a center of shipping and manufacturing, the city has reinvented itself in the post-industrial age. A massive lake...

Metra

Metra
Union Pacific North line at Waukegan Metra
$250,026
Average Sale Price
38
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 228 N Genesee Street, Waukegan, IL 60085
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228 N Genesee Street, Waukegan, IL 60085 is a retail store which sold for $390,000. This retail store has been listed on @properties Christie's International Real Estate since July 28th, 2025 and was built in 1940. The nearest transit stops include Waukegan Metra Metra Union Pacific North line.

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@properties Christie’s International Real Estate, the @properties Christie’s International Real Estate’s logo, and other various trademarks, logos, designs, and slogans herein are the registered and unregistered trademarks of At World Properties, LLC d/b/a @properties Christie’s International Real Estate.
Because At World Properties, LLC d/b/a @properties Christie’s International Real Estate and/or its owners have an interest in Proper Title, LLC, OriginPoint, A Rate Company, Christie’s International Real Estate, LLC, and Suburban Jungle, LLC, a referral to any of these entities may provide @properties Christie’s International Real Estate with a financial or other benefit. Working with @properties does not require you to use the services of any of these entities.
At World Properties, LLC and its subsidiaries do not discriminate against the use of Housing Choice Vouchers. Se Aceptan Vales de Elección de Vivienda.
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