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    1702 N Washington Street

    Waukegan, IL 60085
    • $695,000
    • STATUS: Active
    • ON SITE: 64 days
    • MLS #: 10989040
    UPDATED: 27 min ago
    $695,000
    • 0
      BEDS
    • 0.48
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,960
      SQFT
    • $63
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1972
    County:

    School Ratings & Info

    Description

    Ideal commercial investment opportunity for the savvy investor. Own an 18-unit office rental space in a prime Washington Street location! Nearly 11,000 square feet of office space featuring a beautiful, welcoming two-story glass foyer. This professional building is handicap accessible and has 23 parking spaces for customers. Out of the 18 leasable spaces, 15 are currently rented out. Since the building is located in a high-traffic area, the offices have a lot of visibility. Take advantage of this opportunity to own an income-generating, successful property. The opportunities are endless!

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2021-04-11T23:51:57.73 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1702 N Washington Street Waukegan, IL 60085

    • Price: $695,000
    • Status: Active
    • Updated: 27 min ago
    • MLS #: 10989040
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.48
    Acres
    10,960
    SQFT
    $63
    $/SQFT
    1972
    Built
    Neighborhood:
    Park City / Waukegan
    County:
    Lake
    Area:
    Park City / Waukegan
    Property Description
    Ideal commercial investment opportunity for the savvy investor. Own an 18-unit office rental space in a prime Washington Street location! Nearly 11,000 square feet of office space featuring a beautiful, welcoming two-story glass foyer. This professional building is handicap accessible and has 23 parking spaces for customers. Out of the 18 leasable spaces, 15 are currently rented out. Since the building is located in a high-traffic area, the offices have a lot of visibility. Take advantage of this opportunity to own an income-generating, successful property. The opportunities are endless!
    Exterior Features

    Construction Materials Brick Foundation Details Concrete Perimeter Frontage Type City Street Number Of Drive In Doors 0 Number Of TLDocks 0 Outdoor Parking 19-30 Spaces Parking Total 30 Roof Membrane Roof Structure Flat

    Interior Features

    Cooling Central Air Electric None Fire Protection Other Flooring Tile Heat Ventilation Forced Air Leasable Area 10960 Miscellaneous Inside AtriumMulti-Tenant

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Cap Rate 10.1 Current Use CommercialOffice Existing Lease Type Gross Expense Year 2018 Extra Storage Spaces Available YN Yes Geographic Locale North Suburban Gross Income 111251 Gross Scheduled Income 110551 Lot Size Dimensions 105 X 200 Min Avail Sq Ft Rentable 100 Net Operating Income Year 2018 Number Of Tenants 15 Operating Expense 37715 Possible Use CommercialOffice And Research Property Offered For Sale Only Tax Annual Amount 16228.3 Tax Year 2019 Tenant Pays ElectricityHeat Total Monthly Income 11100 Unincorporated YN No Zoning Commr

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max American Dream.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2021-04-11T23:51:57.73 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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