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Listing provided courtesy of RE/MAX PlazaMREDas Distributed by MLSGrid- MLS# 12610188MLS Provider

220 N Sheridan RoadWaukegan, IL 60085

Commercial · 40,000 Sq. ft.
$2,000,000 Active

220 N Sheridan Road Overview

Time on Site:
87 days
Visits:
3

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.

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220 N Sheridan Road Facts & Features

  • Type Commercial
  • Sq. ft. 40,000
  • Price/Sq.ft. $50

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Operating Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1923

Location/Region

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

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: $27,313.00
  • Tax Year: 2024

General Information

  • Parcel Number: 08212210060000
  • Property Type: Commercial Sale
  • Zoning: OTHER

Interior

Building Interior

  • Building Area Total: 40000

General Information

  • Cooling: None
  • Electric: Circuit Breakers, Separate Meters
  • Flooring: Marble, Varies, Wood
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 145 X 74 X 142 X 74
  • Lot Size Square Feet: 10567

Building Exterior/Construction

  • Construction Materials: Concrete

General Information

  • Number Of Units Total: 0

220 N Sheridan Road 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.

220 N Sheridan Road Monthly Cost

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$ %
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Eric Nowik
* 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.

220 N Sheridan Road 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

220 N Sheridan Road History

Date Event Value Agent
4/9/2026Source: MRED Status Change
Active
4/4/2026Source: MRED Added to Database
April 04, 2026