
1301 S Lewis Avenue, Waukegan, IL 60085
Lake County
Key Facts
Description
BUY IT ALL FOR 1,550,000 OR LEASE EVERYTHING AT 10.00 SQ FT. ANNUALLY! This is the one you've been waiting for - and there is nothing like it on the market. From the moment you pull into the freshly striped, 60-space parking lot and take in the sheer scale of this 26,000 square foot building sitting on nearly 3 acres of prime Waukegan real estate, you'll understand immediately - this is not just a property. This is a platform for something great. Originally built as a grocery store and thoughtfully transformed over the years into a fully operational, multi-use commercial facility, 1301 S. Lewis Avenue has been meticulously maintained and remodeled by its current owner - someone who clearly took pride in every single square foot. New water heaters. Updated rooms throughout. Everything current and compliant with the City. Walk in ready to operate, not ready to renovate. Step inside and the first thing you notice is the light - energy-efficient LED panels installed throughout in 2020 flood every corridor, open workspace, and private office with bright, clean illumination. The reception area welcomes you with polished floors, fresh finishes, and a layout that immediately communicates professionalism. From there, the building unfolds into something truly special. There are approximately 11 private offices for administrative, coaching, counseling, or instructional use - but the offices are just the beginning. The real showstoppers are the two enormous open training areas that will take your breath away the moment you walk in. The first measures an incredible 77'6" x 62' - a cavernous, expanse of pure usable space. The second comes in at 50'10" x 63'10" - equally commanding, equally versatile. Whether you're envisioning a full-scale fitness floor, a competition-grade wrestling mat, a martial arts training hall, a sanctuary for worship, or a classroom environment for dozens of students - these rooms don't just accommodate your vision, they elevate it. Both spaces are bright, clean, and move-in ready. Beyond the training areas, the building delivers everything an operator needs to run a first-class facility. A full commercial kitchen. ADA-compliant hallways and bathrooms throughout - updated in 2019 and fully current. Six restrooms total, serving staff and guests with ease. And here's what will stop every fitness entrepreneur in their tracks - showers are already on-site and ready to go. The current owner operated an immaculately maintained dog training facility here, and they did not cut corners on a single thing. The plumbing is in place, the infrastructure is dialed in, and for anyone dreaming of opening a gym, a wrestling academy, a martial arts dojo, or a fitness center - you are not starting from scratch. You are steps away from the finish line. Out back, the warehouse and loading dock area provides serious operational muscle - three loading docks, one drive-in door, and generous storage space that most facilities in this price range simply cannot offer. And when it's time to step outside, the private fenced outdoor space with a picnic area offers a rare amenity - a peaceful, secured outdoor environment perfect for team gatherings, outdoor training, student recess, congregation events, or simply a place for your staff and clients to breathe. The infrastructure matches the ambition at every turn. A full fire safety sprinkler system is in place. New rooftop HVAC was installed in 2020. Energy-efficient LED lighting was upgraded throughout in 2020. New water heaters have been installed. Everything has been brought current and kept current - this owner did not let a single thing slide. Location? It doesn't get more connected than this. With 350 feet of frontage along South Lewis Avenue, where 10,100 vehicles pass every single day, your presence will be felt before anyone even walks through the door. Direct access to I-94 puts you 40 miles from downtown Chicago. The North Chicago Metra station is just 1.5 miles away.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1983
Stories
1
Living Area
26,000 sq ft
Lot Size
126,913 sq ft
Lot Dimensions
322 X 330
Zoning
COMMR
Days on Market
28
MLS® Listing#
12628588
Property Features
Cooling
Construction
Financial Details
Annual Taxes
$33,301
Tax year 2025
Parcel Number
08322140150000
Directions
North of 14th South of 11th on Lewis Ave
Affordability Calculator
$310,000
Estimated monthly payment
$8,250/mo
Principal $1,240,000 · Est. interest $1,729,910 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Waukegan, IL
- $289,655
- Median Listing Price
- 25
- Median Days on Market
- 1,570
- Median Sq Ft
- $188
- Median Price / Sq Ft
- 42
- Active Listings
- This home’s price is 435% above the area median.
- Its price per sq ft is 68% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Waukegan, IL.
Location
- 1301 S Lewis Avenue, Waukegan, IL 60085
Points of Interest in Waukegan, IL
Showing the Waukegan area map.
Nearby Schools
Novak-King Middle School
School · 0.3 mi away
Lyon Magnet School
Elementary · 0.6 mi away
North Chicago Community High School
Secondary · 0.6 mi away
AJ Katzenmaier Academy
School · 0.8 mi away
Evelyn Alexander School
Elementary · 0.8 mi away
Neal Math Science Academy
School · 0.8 mi away
John R. Lewis Middle School
Secondary · 0.8 mi away
North Chicago Cusd
School · 0.9 mi away
Green Bay School
School · 1.2 mi away
Carman-Buckner Elementary School
Elementary · 1.3 mi away
South Elementary School
Elementary · 1.4 mi away
Learn 10 Campus North Chicago
Elementary · 1.4 mi away
Washington Elementary School
Elementary · 1.5 mi away
St Martin de Porres High School
Secondary · 1.6 mi away
Cristo Rey St Martin College Prep
School · 1.6 mi away
AOEC Stephens' Center
School · 1.6 mi away
Andrew Cooke Magnet School
Elementary · 1.6 mi away
Waukegan High School
Secondary · 1.7 mi away
Miguel Juarez Middle School
Secondary · 1.9 mi away
Waukegan High School
Secondary · 2.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1400 Sunset Avenue, Waukegan, IL | $1,100,000 | — | — | 11,784 |
| 2424 Washington Street, Waukegan, IL | $1,350,000 | — | — | 32,305 |
| 2424 Washington Street, Waukegan, IL | $1,350,000 | — | — | 32,305 |
| 712 S Green Bay Road, Waukegan, IL | $1,750,000 | — | — | 3,000 |
| 4045 York House Road, Waukegan, IL | $1,800,000 | — | — | — |
| 651 S Martin Luther King Jr Avenue, Waukegan, IL | $1,900,000 | — | — | 86,000 |
Moving Cost Estimate
EXIT Agents in Waukegan
Listing Courtesy: Compass - 8473183718
Last Updated: 2026-04-24

















