IL
Lake
Waukegan
60087
742 W Greenwood Avenue
742 W Greenwood Avenue, Waukegan, IL 60087
Share Listing
Listing Type
Commercial/Industrial
Listing Status
Active
9
$650,000

Home Details for 742 W Greenwood Avenue

Price
$650,000
Type
Commercial Sale
Year built
1967
Lot size acres
0.6
County
Lake
MLS Listing#
12674329
Property Description

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.

Property Features
  • Cooling Information
    • Central Air
Listing Courtesy: Sperry Van Ness - 312-676-1866
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-06-11 02:50:38. 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.
Last Updated: 2026-06-11 02:50:38
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
EXIT REALTY REDEFINED
2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008
Office
773 250 7410
Request more details
Code: