Visions for downtown Waukegan include development of the city-owned block bounded by Genesee, Washington and Water streets, and Sheridan Road.
Development of the downtown block awaits proposals from developers soon to be requested by the city. Building along Lake Michigan south of Waukegan Harbor requires acquisition of a Canadian Pacific Railway right of way.
[Most read] 2 brothers accused in slaying of WGN security guard who was ‘just trying to pump her gas,’ prosecutors sayAlso part-owner of the nearly century-old Waukegan Building at the southwest corner of Genesee and Washington, Schuk said demonstrating to investors and lenders that people will pay the rent he seeks for the newly renovated apartments will be a gateway for that building and more.
With a mix of a pair of two-bedroom units, a one-bedroom and a studio, Shuck already has a studio and two-bedroom apartment rented. Rents range from $1,350 a month for the studio to $1,750 for the two bedroom places. They range in size from 750 to 1,450 square feet. “Waukegan has been in the news a lot because of the casino,” Taylor said. “People know it’s a hot spot. The buzz is Waukegan is the place to be. It will help not just Fountain Square but downtown too.”
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