Office Space
1702 Washington Street Waukegan, IL 60085
Details & Description
Price: $725,000
    Keller Williams Commercial is pleased to bring a multi-tenant building in Waukegan to market. This building consists of over 11,000 sq ft on 3 levels. 11 tenants occupy 16 out out of 18 units in the building, 1,100 sq ft currently vacant. This professional building is handicap accessible and has 23 parking spaces for customers and tenants. The building does have am elevator that goes to all 3 floors. Building offers some green space to tenants and guests to enjoy. Building is being offered at 12.46% CAP Rate, cash flows over $90K a year. Value add opportunity by lease up vacant space and moving leases over to Base Year and passing real estate cost to tenants. Updates have been done to the building including newer window, HVAC units on roof as well as common area.
    Property Highlights
    Listing Agents
    David Piotrowski
    KW Commercial
    O: 773-349-4337
    M: 847-630-0868
    dpiotrowski@kw.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1702 Washington Street

    Waukegan, IL 60085

    Listing ID: 272143
    • 1702 Washington Street Waukegan, IL 60085 | for Sale | Photo 1
    • 1702 Washington Street Waukegan, IL 60085 | for Sale | Photo 2
    • 1702 Washington Street Waukegan, IL 60085 | for Sale | Photo 3
    1702 Washington Street | for Sale | Thumbnail 1
    1702 Washington Street | for Sale | Thumbnail 2
    1702 Washington Street | for Sale | Thumbnail 3
    Building Size: 10,960 SF
    Lot Size: 0.482 AC
    Land Size: 21,000 SF
    Building $/SF: $66.15
    Land $/SF: $34.52
    Price
    $725,000
    Property Highlights
    12.46 CAP Building
    Ample Parking
    1 Mile from Downtown Waukegan
    Description

    Keller Williams Commercial is pleased to bring a multi-tenant building in Waukegan to market. This building consists of over 11,000 sq ft on 3 levels. 11 tenants occupy 16 out out of 18 units in the building, 1,100 sq ft currently vacant. This professional building is handicap accessible and has 23 parking spaces for customers and tenants. The building does have am elevator that goes to all 3 floors. Building offers some green space to tenants and guests to enjoy. Building is being offered at 12.46% CAP Rate, cash flows over $90K a year. Value add opportunity by lease up vacant space and moving leases over to Base Year and passing real estate cost to tenants. Updates have been done to the building including newer window, HVAC units on roof as well as common area.

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    Listing Demographics for 1702 Washington Street Waukegan, IL 60085

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 1702 Washington Street in Waukegan?
    The asking price for 1702 Washington Street is $725,000
    What is the building size of this Office property in Waukegan, IL?
    The size of the building/unit at 1702 Washington Street in Waukegan is 10,960 square feet
    How much land does the Waukegan, IL property at 1702 Washington Street include?
    1702 Washington Street in Waukegan includes 0.482 acres of land
    What is the population within 1 mile of 1702 Washington Street in Waukegan?
    The population within 1 mile of 1702 Washington Street Waukegan, IL 60085 is 24,914 people.
    Who do I contact for questions about 1702 Washington Street?
    You should contact the listing agent, David Piotrowski, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi) Directions
    Chicago O'Hare International Airport (ORD) 26
    Chicago Midway International Airport (MDW) 40
    General Mitchell International Airport (MKE) 41
    Price
    $725,000
    Listing Agent
    More listings from David Piotrowski
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