ONCE IN A LIFETIME LEGACY OPPORTUNITY! 83,200 SF lot/1.91 acres at the 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 multi-million dollar 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. 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. The Pritzker family owns 40 acres on the other side of the tollway and will eventually be slated for development once the area becomes active. Two parcel site with two pins, 07-35-100-024+025. SEE ATTACHMENTS FOR ADDITIONAL DETAILS. Drive by only, GUARD DOGS on duty.
Active
$950,000
1250 S Oplaine Rd, Gurnee, IL 60031
--beds
--baths
2Acres
Unimproved Land
Built in ----
2 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 169 days
- on Zillow |
- 118 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: March 11, 2025 at 01:48am
Listing courtesy of:
John Zimmers 773-617-4734,
EXIT Strategy Realty,
Alberto Gonzalez 773-294-7534,
EXIT Strategy Realty
Source: MRED as distributed by MLS GRID,MLS#: 12304636

Travel times
Facts & features
Property
Features
- Frontage type: Paved
- Frontage length: 340'
Lot
- Size: 2 Acres
Details
- Additional structures: Barn(s), Residence
- Additional parcels included: 07351000240000
- Parcel number: 07351000250000
- Zoning: OTHER
- Special conditions: None
Utilities & green energy
- Utilities for property: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Community & HOA
Location
- Region: Gurnee
Financial & listing details
- Tax assessed value: $109,508
- Annual tax amount: $5,264
- Date on market: 3/5/2025
- Ownership: Fee Simple
- Road surface type: Asphalt
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