1250 S O'Plaine Rd | Waukegan, IL 60085
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1250 S O'Plaine Rd
Waukegan, IL 60085
LEGACY DEVELOPMENT OPPORTUNITY BY A CASINO · Land For Sale · 1.91 AC
Investment Highlights
- LEGACY DEVELOPMENT OPPORTUNITY
- AT THE STOPLIGHT OF McGAW
- ONLY 4 MINUTES TO A $375 MILLION CASINO
- ADJACENT TO 1-94, JUST SOUTH OF ROUTE 120
Executive Summary
DEVELOPMENT SITE
1250-60 S. O’PLAINE RD., Gurnee, Il. 60031
(south of 120, at McGaw stoplight, next to I-94)
ONCE IN A LIFETIME LEGACY OPPORTUNITY! 83,200 SF lot/1.91 acres
Soon to be a gold rush area . . .
Stoplight intersection at 1250+60 S. O’Plaine and McGaw with 340 feet of frontage adjacent to I-94 just a little south of route 120.
This is only 4 MINUTES from the massive $375 million casino
in Fountain Square called AMERICAN PLACE.
The temporary version of this is already opened.
This will transform Waukegan the same way the riverboat in Elgin did.
This could be ideal for R-5 development, there will be a need for multi-housing for the casino employees nearby.
HUGE OPTIONS HERE FOR DEVELOPMENT DUE TO CR (Conservation Recreation)
Multi-unit and commercial requests will require a zoning change.
Located between Route 120 and Route 137 which is adjacent to multiple residential subdivisions.
There is a real need for convenience stores, restaurants, gas, stations, branch banks, etc. on the O’Plaine corridor.
Traffic will probably expand exponentially area wide once the casino opens fully for business within the next two years.
Current VPD is 11k on O’Plaine and 170,000 on I-94. Google earth the site to observe the adjacent areas for ideas.
Current zoning is CR --- conservation/recreation, village is open to changes
TWO LOT, TWO PIN NUMBERS
1250 S O’PLAINE 07-35-100-24 .92 acre 43,124 SF 2022 taxes $3,029 north lot
1260 S O’PLAINE 07-35-100-25 .99 acre 40,075 SF 2022 taxes $1,427 south lot
83,200 SF total $4,457 TOTAL
About : AMERICAN PLACE ---- casino article
https://cdcgaming.com/brief/illinois-waukegan-casino-starting-to-attract-other-businesses-to-the-area-an-economic-engine/
PLEASE CONTACT THE VILLAGE OF WAUKEGAN FOR YOUR DEVELOPMENT PROPOSALS
1250-60 S. O’PLAINE RD., Gurnee, Il. 60031
(south of 120, at McGaw stoplight, next to I-94)
ONCE IN A LIFETIME LEGACY OPPORTUNITY! 83,200 SF lot/1.91 acres
Soon to be a gold rush area . . .
Stoplight intersection at 1250+60 S. O’Plaine and McGaw with 340 feet of frontage adjacent to I-94 just a little south of route 120.
This is only 4 MINUTES from the massive $375 million casino
in Fountain Square called AMERICAN PLACE.
The temporary version of this is already opened.
This will transform Waukegan the same way the riverboat in Elgin did.
This could be ideal for R-5 development, there will be a need for multi-housing for the casino employees nearby.
HUGE OPTIONS HERE FOR DEVELOPMENT DUE TO CR (Conservation Recreation)
Multi-unit and commercial requests will require a zoning change.
Located between Route 120 and Route 137 which is adjacent to multiple residential subdivisions.
There is a real need for convenience stores, restaurants, gas, stations, branch banks, etc. on the O’Plaine corridor.
Traffic will probably expand exponentially area wide once the casino opens fully for business within the next two years.
Current VPD is 11k on O’Plaine and 170,000 on I-94. Google earth the site to observe the adjacent areas for ideas.
Current zoning is CR --- conservation/recreation, village is open to changes
TWO LOT, TWO PIN NUMBERS
1250 S O’PLAINE 07-35-100-24 .92 acre 43,124 SF 2022 taxes $3,029 north lot
1260 S O’PLAINE 07-35-100-25 .99 acre 40,075 SF 2022 taxes $1,427 south lot
83,200 SF total $4,457 TOTAL
About : AMERICAN PLACE ---- casino article
https://cdcgaming.com/brief/illinois-waukegan-casino-starting-to-attract-other-businesses-to-the-area-an-economic-engine/
PLEASE CONTACT THE VILLAGE OF WAUKEGAN FOR YOUR DEVELOPMENT PROPOSALS
PROPERTY FACTS
1 Lot Available
Lot
| Price | $1,398,218 CAD | Lot Size | 1.91 AC |
| Price Per AC | $732,051 CAD |
| Price | $1,398,218 CAD |
| Price Per AC | $732,051 CAD |
| Lot Size | 1.91 AC |
ONCE IN A LIFETIME LEGACY OPPORTUNITY! 83,200 SF lot/1.91 acres Soon to be a gold rush area . . .
PROPERTY TAXES
| Parcel Number | 07-35-100-025 | Improvements Assessment | $0 CAD |
| Land Assessment | $21,044 CAD | Total Assessment | $21,044 CAD |
PROPERTY TAXES
Parcel Number
07-35-100-025
Land Assessment
$21,044 CAD
Improvements Assessment
$0 CAD
Total Assessment
$21,044 CAD
zoning
| Zoning Code | CR (Conservation/Recreation) |
| CR (Conservation/Recreation) |
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