Description
HISTORIC WAUKEGAN MASONIC TEMPLE FOR SALE! Incredible opportunity to bring your vision to this one-of-a-kind historic landmark offering approximately 40,000 square feet in the heart of Waukegan. This special property features multiple expansive gathering spaces, a stunning Grand Ballroom, reception areas, and endless possibilities for redevelopment, events, mixed-use, commercial, or creative space. Ideally located on Sheridan Road with views of Lake Michigan, this iconic building is just steps from the Genesee Theatre, shopping, restaurants, and transportation. Situated within both the TIF District and the Illinois Enterprise Zone, this property offers outstanding potential for investors, developers, and visionary owners looking to restore and reposition a true historic treasure.
Property Highlights
Property Type: Commercial - Business
Building Description: 3.0 stories
Year Built: 1923
General Information
County: Lake
Listed By:
RE/MAX Plaza
815-385-6770
MRED MLS
MLS ID: 12610188
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220 N Sheridan Road, Waukegan, IL 60085.
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563-441-1862
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $2,000,000 | $2,000,000 | $2,000,000 |
| Down Payment | $70,000 | $0 | $400,000 |
| Monthly Mortgage Amount | $11,932 | $12,413 | $9,722 |
| Taxes | $2783 | $2783 | $2783 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $1,200 | $0 | $0 |
| Monthly Estimated Total | $16,498 | $15,779 | $13,088 |