Active

2504 Washington Street

Waukegan IL, 60085

$2,750,000


$58.82 per sqft

Active

46,753 sqft

Commercial

Built in 1970

Courtesy of Kinzie Brokerage LLC

Washington Tower Professional Building, located at 2504 Washington Street, offers investors and excellent opportunity to own a high-occupancy office building in Waukegan, IL. With its close proximity to Lake Behavioral Hospital this property attracts medical office users along with a wide variety of service providers. The Building is 98.34% leased and has a current NOI of $227,250. 2504 Washington is a 6-story, class B, multi-tenant office building with 29,637 square feet of net rentable area. The property was built in 1970 and includes 44 office suites. This building can be purchased on its own or as part of a 2-building portfolio. The other property is 49 Sherwood Terrace located in Lake Bluff, IL.

11493033

MLS ID

August 16, 2022

Listed

March 28, 2024

Updated

Map

2504 Washington Street
Waukegan IL, 60085

Interior Features

Total Stories

6


Fireplace

No


Cooling

Yes


Cooling Description

Chillers


Heating

No

Exterior/Building Features

Lot Size

0.7 Acres

Other Property Details

Area Name

Park City / Waukegan


Taxes

$38,119


Tax Frequency

Annually


Days on Market

496


Garage

No


View

No


County

Lake


Municipality

Waukegan


Pool

No


Zoning

OFFIC

Courtesy of Kinzie Brokerage LLC, Steven Maher,
Listing Contact: 847-208-4450 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Michael LaFido are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 3/28/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:18 AM UTC, 3/28/2024

 

 

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