Listing provided courtesy of @properties CommercialMREDas Distributed by MLSGrid- MLS# 12499839MLS Provider

226 N Martin Luther King Jr AvenueWaukegan, IL 60085

Commercial · 3,200 Sq. ft.
$199,000 Active

226 N Martin Luther King Jr Avenue Overview

Time on Site:
252 days
Visits:
13
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226 N Martin Luther King Jr Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 3,200
  • Price/Sq.ft. $62

Details

General

Income/Expenses

  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1950

Business Information

  • Current Use: Medical/Dental

Location/Region

  • County Or Parish: Lake
  • MLS Area Major: Park City / Waukegan

Tax Information

  • Tax Annual Amount: $6,559.00
  • Tax Year: 2024

General Information

  • Parcel Number: 08212180110000
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 3200

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 3200
  • Stories: 2

Unit Information

  • Unit SqFt.: 3200

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 70x150
  • Lot Size Square Feet: 9600

226 N Martin Luther King Jr Avenue Neighborhood

Community

60085 (Waukegan) Demographics

32
Median Age
4,499
Population Density (per sq. mile)
23%
College Educated
$48,435
Estimated Median Income
10,174
Estimated Total Home Owners
13,807
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

226 N Martin Luther King Jr Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

226 N Martin Luther King Jr Avenue Market Data

Based on the last 30 days in this zip code

$270,816
Average List Price
$178
Average Price per Square Foot
22
Properties Sold
39
Average Days on Market
64
Properties for Sale
Calculations provided by Reliance Network

226 N Martin Luther King Jr Avenue History

Date Event Value Agent
10/25/2025Source: MRED Status Change
Active
10/20/2025Source: MRED Added to Database
October 20, 2025