So I recently came across a new investment opportunity by the lake.  Waukegan, Illinois has been a depressed little city for the past 40 years.  However, the city has been planting some seeds over the past 5 years that are really beginning to bear some fruit.  If you go to http://www.waukeganvision.com/ you'll see that the city has invested and will continue to invest several million dollars into bringing the city back to life.  The city went out and hired the very best architecture & planning firm in the country in Skidmore, Owings & Merrill (SOM) to help them put together a master plan for the next 20 years.   After reading through the master plan and doing some of my own investigation, I've put together some of my thoughts on why I see so much opportunity in Waukegan.HistoryWaukegan ... 03/13/2007