Lake, US
Auction! $1,200,000 is suggested opening bid for the online auction, not an asking price. There is an unpublished reserve price that is higher. This approx. 5.67 Acre site at 200 North Green Bay Road in Waukegan, IL is currently improved with a closed, 186 room hotel (former Ramada Inn) with banquet, restaurant and lounge spaces. This property could be redeveloped for a hospitality, senior living or multi-family use, or it could be demolished and replaced with a multitude of uses permitted within its B-3 zoning. Located on busy Green Bay Road next to a Brookside Senior Living facility, this site has more than 900' of frontage, with more than 500' of that frontage on Green Bay Road. Traffic counts are approx. 30,000 vehicles per day. Within a 3-mile radius there is a population of more than 110,000 with an average household income of $90,000. Pre-Auction Offers Highly Encouraged! Note: 6% buyers' premium applies; your client's offer plus 6% =total purchase price.
Courtesy Of: AW Properties Global/Auction Works
General Features
- List Date:
- 07/27/2024
Exterior Features and Amenities
- Lot Size Dimensions:
- 5.67 ACRES
Financial
- Days On Market:
- 97
- Tax Annual Amount:
- $111,551.00
- Tax Year:
- 2023
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2024-11-13.
Copyright 2024 MRED LLC
All rights reserved.