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742 W Greenwood Avenue Waukegan, IL 60087

$650,000
New / MLS# 12674329 / Commercial - Business / Waukegan
0 Beds
11986 SqFt

Positioned on a prominent corner in an established residential neighborhood, this 11,986 SF masonry building offers a highly functional and adaptable layout ideal for a variety of institutional or community-oriented uses, including daycare, educational, or nonprofit occupancy. Originally constructed in 1967 and well-maintained, the property features a combination of private classrooms, administrative offices, and a large open auditorium-style space with stage-providing flexibility for programming, events, or assembly use. The building is equipped with zoned HVAC, multiple restrooms, and life-safety systems, making it well-suited for immediate occupancy or repositioning. The property sits on a 15,000 SF corner lot, complemented by an additional 11,313 SF parking lot directly across the street with capacity for approximately 26 vehicles, offering a rare dual-parcel configuration that enhances functionality and accessibility. A small fenced outdoor area further supports childcare or recreational use. Located within a primarily residential neighborhood with proximity to local arterials and community amenities, the asset benefits from strong accessibility and a built-in user base. This offering presents a compelling opportunity for owner-users, investors, or organizations seeking a well-located, purpose-built facility with both immediate usability and long-term adaptability.

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Property Details

Property Type: Commercial - Business
Cooling: Central Air
Lot Size: 0.60 Acres
Stories: 1.0
Year Built: 1967

Feature Descriptions

Electric: Circuit Breakers
Exterior: Brick
Fire Protection: Alarm Monitored, Alarm On Site
HVAC: Central Bldg Heat
Lot Dimensions: 200 X 135
Parcel#: 08093250250000
Parking: 19-30 Spaces

Location

See details and scored characteristics about this location.

Listing Office: Sperry Van Ness

Listing Office Phone: 312-676-1866



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