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Executive Summary

REDEVELOPMENT OPPERTUNITY-BUY IT ALL FOR 1,600,000 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 Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
26,000 SF
Building Class
B
Year Built
1983
Price
$2,172,800 CAD
Price Per SF
$83.57 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.21
Lot Size
2.91 AC
Zoning
B2 - B2 Community Shopping
Parking
60 Spaces (2.31 Spaces per 1,000 SF Leased)
Frontage
350’ on South Lewis Avenue

Amenities

  • 24 Hour Access
  • Security System
  • Signage
  • Air Conditioning
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
08-32-214-015
Land Assessment
$149,047 CAD
Improvements Assessment
$323,237 CAD
Total Assessment
$472,285 CAD
  • Listing ID: 40305919

  • Date on Market: 2026-04-27

  • Last Updated:

  • Address: 1301 S Lewis Ave, Waukegan, IL 60085

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